Under Armour (NYSE:UAA) Shares Up 7.1% – What’s Next?

Under Armour, Inc. (NYSE:UAA)’s share price traded up 7.1% during mid-day trading on Wednesday . The stock traded as high as $7.07 and last traded at $7.0810. Approximately 3,730,379 shares were traded during mid-day trading, a decline of 62% from the average session volume of 9,805,860 shares. The stock had previously closed at $6.61.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on UAA shares. UBS Group restated a “buy” rating and issued a $10.00 price objective (down from $11.00) on shares of Under Armour in a research note on Thursday, May 14th. Barclays set a $5.00 target price on shares of Under Armour and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Sunday, May 24th. Citigroup restated a “sell” rating and set a $4.75 price target (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Under Armour presently has an average rating of “Reduce” and a consensus target price of $5.91.

Under Armour Trading Up 5.6%

The company has a market cap of $3.08 billion, a price-to-earnings ratio of -6.24, a price-to-earnings-growth ratio of 2.20 and a beta of 1.67. The company’s fifty day moving average price is $5.95 and its two-hundred day moving average price is $6.21. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42.

Under Armour (NYSE:UAA) last announced its earnings results on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.Under Armour’s revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.08) EPS. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. Research analysts expect that Under Armour, Inc. will post 0.11 earnings per share for the current year.

Insider Buying and Selling

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of Under Armour stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the purchase, the insider owned 44,179,116 shares in the company, valued at $219,570,206.52. This trade represents a 1.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders acquired a total of 1,178,344 shares of company stock valued at $5,865,147 over the last quarter. 15.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UAA. Blair William & Co. IL lifted its position in Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after buying an additional 1,476 shares in the last quarter. Hantz Financial Services Inc. increased its position in Under Armour by 202.7% in the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after acquiring an additional 5,662 shares in the last quarter. State of Wyoming bought a new position in shares of Under Armour in the second quarter worth about $44,000. Equitable Holdings Inc. bought a new position in shares of Under Armour in the fourth quarter worth about $51,000. Finally, Portside Wealth Group LLC bought a new position in shares of Under Armour in the fourth quarter worth about $52,000. 34.58% of the stock is owned by institutional investors.

About Under Armour

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.