Under Armour (NYSE:UAA) Shares Gap Down – Here’s What Happened

Under Armour, Inc. (NYSE:UAA) gapped down before the market opened on Tuesday . The stock had previously closed at $6.06, but opened at $5.18. Under Armour shares last traded at $4.9550, with a volume of 6,926,978 shares traded.

More Under Armour News

Here are the key news stories impacting Under Armour this week:

• Positive Sentiment: Under Armour matched analysts’ EPS estimate of a $0.03 loss and improved from a $0.08 loss a year ago, showing some earnings progress despite ongoing pressure. Article Title
• Positive Sentiment: Revenue came in ahead of some expectations in the quarter, and international sales gains helped offset weaker North American performance. Article Title
• Neutral Sentiment: The company also announced a collaboration with Persona AI to explore performance materials for humanoid robotics, which is an early-stage partnership and not likely to affect near-term results. Article Title
• Negative Sentiment: The main driver behind the stock weakness is the company’s bearish outlook: Under Armour forecast a decline in annual revenue as it faces weak consumer spending and macro uncertainty in North America. Article Title
• Negative Sentiment: Investors are also reacting to margin pressure, with rising costs weighing on earnings and prompting a steep selloff after the report. Article Title
• Negative Sentiment: Management’s initial fiscal 2027 EPS guidance of $0.08 to $0.12 fell well below the Street’s $0.23 estimate, reinforcing concerns about slower growth ahead. Article Title

Analysts Set New Price Targets

A number of equities analysts recently issued reports on UAA shares. Citigroup downgraded Under Armour from a “neutral” rating to a “sell” rating and set a $6.20 price target for the company. in a report on Tuesday, February 10th. Zacks Research raised shares of Under Armour from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Telsey Advisory Group restated a “market perform” rating and set a $6.00 price objective (up from $5.00) on shares of Under Armour in a research report on Friday, February 6th. The Goldman Sachs Group restated a “neutral” rating and issued a $7.00 target price (up from $5.50) on shares of Under Armour in a report on Monday, February 9th. Finally, Barclays set a $8.00 price target on shares of Under Armour and gave the stock an “equal weight” rating in a research note on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Under Armour currently has an average rating of “Hold” and a consensus target price of $6.91.

Under Armour Stock Down 18.1%

The company has a market capitalization of $2.11 billion, a PE ratio of -4.07, a P/E/G ratio of 2.55 and a beta of 1.73. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The firm has a 50 day simple moving average of $6.29 and a two-hundred day simple moving average of $5.73.

Under Armour (NYSE:UAA) last released its earnings results on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. Under Armour’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.08) earnings per share. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS. Research analysts expect that Under Armour, Inc. will post 0.12 EPS for the current year.

Institutional Investors Weigh In On Under Armour

Institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its stake in shares of Under Armour by 395.3% in the third quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock valued at $3,728,000 after buying an additional 596,294 shares in the last quarter. Jupiter Asset Management Ltd. grew its holdings in Under Armour by 21.1% during the third quarter. Jupiter Asset Management Ltd. now owns 2,881,040 shares of the company’s stock worth $14,376,000 after acquiring an additional 501,527 shares during the period. Capula Management Ltd purchased a new position in Under Armour in the third quarter worth $3,887,000. Maven Securities LTD lifted its holdings in Under Armour by 207.5% in the third quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock valued at $2,265,000 after acquiring an additional 306,254 shares during the period. Finally, Ovata Capital Management Ltd acquired a new stake in Under Armour in the third quarter valued at $6,980,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.