Under Armour, Inc. (UAA) – What Are Analysts Thinking About This Stock?

by · The Cerbat Gem

Shares of Under Armour, Inc. (NYSE:UAA – Get Free Report) have been given an average recommendation of “Reduce” by the fifteen research firms that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $5.77.

Several brokerages have recently weighed in on UAA. Morgan Stanley set a $4.00 price objective on shares of Under Armour and gave the company an “equal weight” rating in a research report on Thursday, September 10th. Barclays cut shares of Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 target price for the company. in a research note on Tuesday, August 11th. Truist Financial lifted their target price on shares of Under Armour from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Monday, August 10th. Weiss Ratings upgraded shares of Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Finally, UBS Group set a $9.00 price target on shares of Under Armour and gave the company a “buy” rating in a research note on Monday, August 10th.

Get Our Latest Analysis on Under Armour

Under Armour Stock Up 0.7%

UAA opened at $4.78 on Thursday. Under Armour has a 1-year low of $4.13 and a 1-year high of $8.15. The stock’s fifty day simple moving average is $4.96 and its 200 day simple moving average is $5.76. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. The stock has a market cap of $2.05 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 1.76 and a beta of 1.62.

Under Armour (NYSE:UAA – Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the firm posted $0.02 EPS. The company’s quarterly revenue was down 3.2% on a year-over-year basis. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. As a group, research analysts expect that Under Armour will post 0.11 earnings per share for the current year.

Insider Transactions at Under Armour

In related news, CFO Reza Taleghani acquired 18,656 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of $5.37 per share, for a total transaction of $100,182.72. Following the completion of the transaction, the chief financial officer directly owned 87,621 shares of the company’s stock, valued at approximately $470,524.77. The trade was a 27.05% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 15.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Under Armour

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vontobel Holding Ltd. increased its position in Under Armour by 446.9% during the 3rd quarter. Vontobel Holding Ltd. now owns 839,441 shares of the company’s stock worth $3,744,000 after buying an additional 685,949 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of Under Armour during the third quarter worth $141,000. Fortitude Family Office LLC lifted its holdings in shares of Under Armour by 2,744.0% during the third quarter. Fortitude Family Office LLC now owns 7,821 shares of the company’s stock worth $35,000 after buying an additional 7,546 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Under Armour by 134.5% during the third quarter. Farther Finance Advisors LLC now owns 7,061 shares of the company’s stock worth $31,000 after buying an additional 4,050 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Under Armour by 94.1% during the third quarter. Versant Capital Management Inc now owns 6,155 shares of the company’s stock worth $27,000 after buying an additional 2,984 shares in the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

About Under Armour

(Get Free Report)

Under Armour, Inc is a performance apparel, footwear and accessories company headquartered in Baltimore, Maryland. Founded in 1996 by Kevin Plank, the company developed an early reputation for moisture-wicking athletic apparel designed to help athletes stay cool, dry and comfortable during training and competition.

Under Armour offers products for a broad range of sports and activities, including running, training, basketball, golf and outdoor recreation. Its portfolio includes athletic shirts, shorts, leggings, outerwear, footwear, bags and other accessories, sold under the Under Armour brand as well as select product lines associated with athletes and sports partnerships, including the Curry Brand basketball business.

The company sells its products through wholesale partners, its own brand and factory stores, and digital commerce channels.

Featured Articles