Under Armour (NYSE:UAA) Upgraded 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 note released on Saturday.

Several other equities analysts have also issued reports on UAA. Rothschild Redb lowered Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Evercore ISI cut their price target on Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a research report on Friday, November 7th. BTIG Research started coverage on Under Armour in a research note on Tuesday, October 14th. They issued a “neutral” rating for the company. William Blair upgraded shares of Under Armour to a “hold” rating in a research report on Thursday, November 6th. Finally, Telsey Advisory Group set a $5.00 price target on shares of Under Armour in a research report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Under Armour has an average rating of “Hold” and an average price target of $6.43.

Under Armour Price Performance

Shares of NYSE UAA opened at $4.30 on Friday. The stock’s 50-day simple moving average is $4.59 and its 200-day simple moving average is $5.51. The firm has a market capitalization of $1.84 billion, a PE ratio of -20.45, a price-to-earnings-growth ratio of 4.35 and a beta of 1.83. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.86. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.10 and a current ratio of 1.69.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The firm’s revenue was down 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities research analysts forecast that Under Armour will post 0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in UAA. Marshall Wace LLP boosted its holdings in Under Armour by 113.8% in the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock valued at $31,420,000 after purchasing an additional 3,351,976 shares in the last quarter. Boston Partners purchased a new stake in shares of Under Armour in the first quarter valued at approximately $17,745,000. Whitebox Advisors LLC purchased a new stake in shares of Under Armour in the third quarter valued at approximately $11,237,000. Fort Baker Capital Management LP acquired a new position in Under Armour during the third quarter worth $8,624,000. Finally, Jupiter Asset Management Ltd. raised its position in Under Armour by 249.4% in the second quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company’s stock worth $16,252,000 after acquiring an additional 1,698,467 shares in the last quarter. 34.58% of the stock is currently 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.