Under Armour, Inc. (UAA) - What Are Researchers Saying About This Stock?

Key Points

• Analysts are broadly cautious on Under Armour: Fifteen firms assign the stock an average “Reduce” rating, with a 12-month consensus price target of $5.77. Ratings range from “sell” to “strong buy,” highlighting differing views.
• Under Armour shares opened at $4.79, near the lower end of their 52-week range of $4.13 to $8.15. The company beat quarterly EPS estimates at $0.05 versus $0.02, but revenue fell 3.2% year over year to $1.10 billion.
• Insider and institutional ownership remain notable: CFO Reza Taleghani purchased 18,656 shares, while insiders own 15.70% and institutional investors and hedge funds own 34.58% of the stock.

Under Armour, Inc. (NYSE:UAA - Get Free Report) has been assigned an average rating of "Reduce" from the fifteen ratings firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $5.77.

A number of brokerages have commented on UAA. Truist Financial upped their price objective on shares of Under Armour from $5.00 to $6.00 and gave the stock a "hold" rating in a research report on Monday, August 10th. UBS Group set a $9.00 target price on shares of Under Armour and gave the stock a "buy" rating in a research note on Monday, August 10th. Morgan Stanley set a $4.00 target price on shares of Under Armour and gave the company an "equal weight" rating in a report on Thursday, September 10th. Weiss Ratings raised shares of Under Armour from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, August 11th. Finally, Barclays lowered 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 note on Tuesday, August 11th.

Insider Buying and Selling

In other Under Armour news, CFO Reza Taleghani bought 18,656 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $5.37 per share, for a total transaction of $100,182.72. Following the transaction, the chief financial officer owned 87,621 shares of the company's stock, valued at approximately $470,524.77. This trade represents a 27.05% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 15.70% of the stock is currently owned by insiders.

Institutional Trading of Under Armour

Several hedge funds have recently modified their holdings of the business. Bleakley Financial Group LLC grew its holdings in Under Armour by 99.7% in the first quarter. Bleakley Financial Group LLC now owns 476,521 shares of the company's stock valued at $2,816,000 after purchasing an additional 237,957 shares during the last quarter. Fairfax Financial Holdings Ltd. Can increased its position in shares of Under Armour by 564.8% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company's stock valued at $208,536,000 after buying an additional 35,647,123 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Under Armour by 100.9% in the first quarter. Quantinno Capital Management LP now owns 1,226,299 shares of the company's stock valued at $7,247,000 after buying an additional 615,828 shares in the last quarter. State Street Corp raised its stake in shares of Under Armour by 27.8% during the 2nd quarter. State Street Corp now owns 7,682,658 shares of the company's stock worth $49,092,000 after buying an additional 1,669,312 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Under Armour by 17.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,531,173 shares of the company's stock worth $50,416,000 after buying an additional 1,285,384 shares during the last quarter. 34.58% of the stock is owned by institutional investors and hedge funds.

Under Armour Stock Down 2.1%

Under Armour stock opened at $4.79 on Thursday. The stock has a 50 day moving average of $5.03 and a two-hundred day moving average of $5.78. Under Armour has a twelve month low of $4.13 and a twelve month high of $8.15. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of -4.17, a PEG ratio of 1.82 and a beta of 1.62. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41.

Under Armour (NYSE:UAA - Get Free Report) last released 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 business 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 posted $0.02 earnings per share. The company's revenue for the quarter 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. As a group, research analysts expect that Under Armour will post 0.11 earnings per share for the current year.

Under Armour Company Profile

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.

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