Rothschild & Co Redburn Reaffirms "Neutral" Rating for Under Armour (NYSE:UAA)

Key Points

• Rothschild & Co Redburn has reaffirmed a neutral rating for Under Armour, maintaining a price objective of $6.00, indicating a potential upside of 23.46% from the previous close.
• Under Armour's stock is currently priced at $4.86, experiencing a 3.4% decline, with a market capitalization of $2.08 billion.
• Insider transactions have increased, with directors acquiring significant shares, indicating a 296.77% increase in ownership for both Directors Robert John Sweeney and Dawn N. Fitzpatrick.

Rothschild & Co Redburn reissued their neutral rating on shares of Under Armour (NYSE:UAA - Free Report) in a research report sent to investors on Monday morning, Marketbeat reports. They currently have a $6.00 price objective on the stock, down from their prior price objective of $7.00.

Other equities research analysts have also recently issued research reports about the company. The Goldman Sachs Group started coverage on Under Armour in a report on Wednesday, July 2nd. They issued a "neutral" rating and a $7.00 price target on the stock. Citigroup cut their target price on Under Armour from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Robert W. Baird dropped their target price on Under Armour from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Monday, August 11th. UBS Group decreased their price target on Under Armour from $8.00 to $7.50 and set a "buy" rating for the company in a research note on Monday, August 11th. Finally, Wall Street Zen upgraded Under Armour from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Three investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $6.70.

Under Armour Stock Performance

Shares of Under Armour stock traded down $0.08 on Monday, hitting $4.88. The stock had a trading volume of 7,236,745 shares, compared to its average volume of 13,153,771. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 22.16, a P/E/G ratio of 4.08 and a beta of 1.67. The company's 50 day moving average price is $5.79 and its 200 day moving average price is $6.18. Under Armour has a 52-week low of $4.76 and a 52-week high of $11.89. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21.

Under Armour (NYSE:UAA - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business's revenue was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, research analysts anticipate that Under Armour will post 0.3 EPS for the current year.

Insider Transactions at Under Armour

In related news, Director Robert John Sweeney purchased 100,000 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were acquired at an average cost of $4.88 per share, with a total value of $488,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company's stock, valued at $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company's stock, valued at $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders purchased 202,045 shares of company stock worth $991,000. 15.60% of the stock is currently owned by insiders.

Institutional Trading of Under Armour

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. boosted its position in Under Armour by 0.4% in the first quarter. Principal Financial Group Inc. now owns 435,307 shares of the company's stock valued at $2,721,000 after buying an additional 1,888 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company's stock valued at $29,000 after buying an additional 2,405 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in Under Armour by 11.3% during the 2nd quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company's stock worth $164,000 after purchasing an additional 2,440 shares during the last quarter. HUB Investment Partners LLC increased its stake in shares of Under Armour by 12.9% in the 2nd quarter. HUB Investment Partners LLC now owns 21,810 shares of the company's stock worth $149,000 after acquiring an additional 2,489 shares during the last quarter. Finally, M&T Bank Corp increased its position 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 purchasing an additional 2,504 shares during the last quarter. Institutional investors own 34.58% of the company's stock.

Under Armour Company Profile

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.