Under Armour, Inc. (NYSE:UAA) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• Under Armour received a consensus “Reduce” rating from 16 analysts, including four sells, 10 holds, one buy and one strong buy. The average 12-month price target is $5.94.
• The stock opened at $5.12, well below its 50- and 200-day moving averages near $6.30. Its latest quarterly revenue fell 3.2% year over year to $1.10 billion, though EPS of $0.05 exceeded estimates.
• Under Armour CFO Reza Taleghani purchased 18,656 shares worth roughly $100,183, increasing his holdings by 27.05%; insiders own 15.70% of the company, while institutions own 34.58%.

Under Armour, Inc. (NYSE:UAA - Get Free Report) has earned a consensus rating of "Reduce" from the sixteen ratings firms that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $5.9375.

Several research firms recently issued reports on UAA. Stifel Nicolaus set a $6.00 price objective on Under Armour and gave the company a "hold" rating in a report on Tuesday, May 12th. Truist Financial lifted their target price on Under Armour from $5.00 to $6.00 and gave the company a "hold" rating in a research report on Monday, August 10th. Barclays cut shares of Under Armour from an "equal weight" rating to an "underweight" rating and set a $5.00 price target on the stock. in a research report on Tuesday, August 11th. Citigroup reissued a "sell" rating and issued a $4.75 price objective (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. Finally, Weiss Ratings upgraded shares of Under Armour from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, August 11th.

Under Armour Stock Down 4.6%

Under Armour stock opened at $5.12 on Wednesday. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.15. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.96 and a current ratio of 1.81. The firm has a 50 day moving average price of $6.32 and a 200 day moving average price of $6.29. The company has a market capitalization of $2.20 billion, a PE ratio of -4.46, a price-to-earnings-growth ratio of 1.95 and a beta of 1.67.

Under Armour (NYSE:UAA - Get Free Report) last announced its earnings results on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the company earned $0.02 earnings per share. The firm's quarterly revenue was down 3.2% compared to the same quarter last year. 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. Research analysts expect that Under Armour will post 0.11 earnings per share for the current year.

Insider Activity at Under Armour

In other Under Armour news, CFO Reza Taleghani purchased 18,656 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $5.37 per share, for a total transaction of $100,182.72. Following the completion of the purchase, the chief financial officer directly owned 87,621 shares in the company, valued at approximately $470,524.77. The trade was a 27.05% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Blair William & Co. IL boosted its holdings in 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. Vident Advisory LLC increased its holdings in Under Armour by 13.6% in the fourth quarter. Vident Advisory LLC now owns 12,651 shares of the company's stock valued at $63,000 after buying an additional 1,512 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Under Armour by 9.4% during the 1st quarter. NewEdge Advisors LLC now owns 23,908 shares of the company's stock valued at $141,000 after acquiring an additional 2,061 shares during the period. HUB Investment Partners LLC lifted its position in shares of Under Armour by 12.9% during the 2nd quarter. HUB Investment Partners LLC now owns 21,810 shares of the company's stock valued at $149,000 after acquiring an additional 2,489 shares during the period. Finally, M&T Bank Corp boosted its stake in shares of Under Armour by 23.2% during the 2nd quarter. M&T Bank Corp now owns 13,296 shares of the company's stock worth $91,000 after acquiring an additional 2,504 shares in the last quarter. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

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.

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