Under Armour (NYSE:UAA) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Under Armour (NYSE:UAA) from a sell rating to a hold rating in a research report report published on Saturday morning.

A number of other brokerages also recently commented on UAA. Weiss Ratings reiterated a “sell (d+)” rating on shares of Under Armour in a research note on Wednesday, October 8th. JPMorgan Chase & Co. cut their price target on shares of Under Armour from $6.00 to $5.00 and set an “underweight” rating for the company in a report on Friday, August 8th. Cfra Research raised shares of Under Armour from a “moderate sell” rating to a “hold” rating in a report on Tuesday, August 12th. UBS Group lowered their price target on shares of Under Armour from $8.00 to $7.50 and set a “buy” rating on the stock in a research report on Monday, August 11th. Finally, Bank of America decreased their target price on shares of Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a research report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $6.70.

Under Armour Stock Up 0.4%

UAA stock opened at $4.78 on Friday. The firm has a market cap of $2.05 billion, a PE ratio of 21.73, a PEG ratio of 4.05 and a beta of 1.76. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. Under Armour has a one year low of $4.72 and a one year high of $11.89. The firm’s 50 day moving average price is $4.97 and its 200-day moving average price is $5.91.

Under Armour (NYSE:UAA) last announced its earnings results on Friday, August 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The firm’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, equities research analysts anticipate that Under Armour will post 0.3 EPS for the current year.

Insider Buying and Selling at Under Armour

In other Under Armour news, Director Dawn N. Fitzpatrick purchased 100,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $4.93 per share, with a total value of $493,000.00. Following the acquisition, the director owned 133,696 shares of the company’s stock, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction on Thursday, August 21st. The shares were purchased at an average cost of $4.88 per share, with a total value of $488,000.00. Following the completion of the purchase, the director directly owned 133,696 shares in the company, valued at $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 202,045 shares of company stock valued at $991,000. 15.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in Under Armour by 620.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock valued at $27,000 after purchasing an additional 3,352 shares during the period. Laurel Wealth Advisors LLC boosted its stake in Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock valued at $28,000 after purchasing an additional 3,498 shares during the period. UMB Bank n.a. boosted its stake in Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after purchasing an additional 2,405 shares during the period. State of Wyoming acquired a new position in Under Armour during the 2nd quarter valued at about $44,000. Finally, Neo Ivy Capital Management bought a new stake in shares of Under Armour during the 2nd quarter worth about $44,000. 34.58% of the stock is owned by institutional investors and hedge funds.

About Under Armour

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.