Under Armour (NYSE:UA – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.030-0.050 for the period. The company issued revenue guidance of $4.9 billion-$5.0 billion, compared to the consensus revenue estimate of $4.9 billion.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Under Armour in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Under Armour currently has an average rating of “Sell”.
Check Out Our Latest Report on Under Armour
Under Armour Stock Performance
Under Armour (NYSE:UA – Get Free Report) last issued its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.36 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.
Insiders Place Their Bets
In related news, Director Robert John Sweeney acquired 100,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was bought at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the transaction, the director owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were bought at an average price of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. The trade was a 296.77% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 202,045 shares of company stock valued at $991,000 in the last quarter. Insiders own 15.60% of the company’s stock.
Institutional Trading of Under Armour
Hedge funds have recently modified their holdings of the business. Cerity Partners LLC purchased a new stake in shares of Under Armour in the second quarter valued at $65,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Under Armour in the second quarter valued at $68,000. Prudential Financial Inc. lifted its holdings in shares of Under Armour by 26.4% in the second quarter. Prudential Financial Inc. now owns 19,560 shares of the company’s stock valued at $127,000 after purchasing an additional 4,083 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Under Armour by 6.8% during the second quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock worth $233,000 after acquiring an additional 2,295 shares in the last quarter. Finally, Bayesian Capital Management LP raised its holdings in shares of Under Armour by 18.1% during the second quarter. Bayesian Capital Management LP now owns 56,100 shares of the company’s stock worth $364,000 after acquiring an additional 8,600 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.
Under Armour Company Profile
Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.
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