Under Armour, Inc. (NYSE:UAA) Given Average Rating of “Reduce” by Brokerages

Under Armour, Inc. (NYSE:UAA) has been assigned an average recommendation of “Reduce” from the twenty research firms that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $5.9107.

Several equities analysts have weighed in on the company. Wall Street Zen raised Under Armour from a “sell” rating to a “hold” rating in a research report on Sunday, May 24th. Truist Financial lowered their price objective on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, May 13th. The Goldman Sachs Group restated a “neutral” rating and issued a $6.00 price objective on shares of Under Armour in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research note on Friday, April 24th. Finally, BNP Paribas Exane reduced their target price on shares of Under Armour from $7.00 to $5.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th.

Insider Buying and Selling at Under Armour

In related news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of Under Armour stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the purchase, the insider owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders acquired a total of 1,178,344 shares of company stock worth $5,865,147 over the last 90 days. 15.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently bought and sold shares of the stock. Blair William & Co. IL grew its position in shares of Under Armour by 40.0% during the fourth 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. raised its holdings in Under Armour by 202.7% in the fourth 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 purchased a new position in Under Armour in the second quarter worth approximately $44,000. Equitable Holdings Inc. purchased a new position in Under Armour in the fourth quarter worth approximately $51,000. Finally, Portside Wealth Group LLC acquired a new position in Under Armour during the 4th quarter worth approximately $52,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Trading Down 0.8%

NYSE:UAA traded down $0.06 during trading hours on Tuesday, reaching $6.75. 494,300 shares of the stock were exchanged, compared to its average volume of 9,962,457. Under Armour has a twelve month low of $4.13 and a twelve month high of $8.15. The business has a 50-day moving average of $5.88 and a two-hundred day moving average of $6.08. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of -5.84, a PEG ratio of 2.10 and a beta of 1.67. 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 issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03). The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The company’s revenue was down .8% on a year-over-year basis. 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 and its Q1 2027 guidance at 0.000-0.020 EPS. On average, equities analysts predict that Under Armour will post 0.12 EPS for the current year.

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.