Telsey Advisory Group Estimates Under Armour Q3 Earnings

Key Points

• Telsey Advisory Group has reduced its Q3 2026 earnings per share estimate for Under Armour from $0.09 to $0.04, maintaining a "Market Perform" rating with a $5.00 price target.
• Under Armour reported a Q2 EPS of $0.02, missing the consensus estimate of $0.03, and saw a 4.2% decline in quarterly revenue compared to the previous year.
• A number of institutional investors have recently increased their stakes in Under Armour, with Alyeska Investment Group raising its position by 55.7% in the fourth quarter.

Under Armour, Inc. (NYSE:UAA - Free Report) - Equities researchers at Telsey Advisory Group reduced their Q3 2026 EPS estimates for Under Armour in a research note issued on Monday, August 11th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.09. Telsey Advisory Group currently has a "Market Perform" rating and a $5.00 target price on the stock. The consensus estimate for Under Armour's current full-year earnings is $0.30 per share. Telsey Advisory Group also issued estimates for Under Armour's Q1 2027 earnings at $0.02 EPS, Q2 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.13 EPS, Q4 2027 earnings at ($0.02) EPS and FY2027 earnings at $0.26 EPS.

Other equities analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of Under Armour from a "sell" rating to a "hold" rating in a research report on Saturday. Citigroup restated a "neutral" rating and set a $5.50 price target (down previously from $6.00) on shares of Under Armour in a research report on Monday, August 11th. Cfra Research upgraded shares of Under Armour from a "moderate sell" rating to a "hold" rating in a research report on Tuesday. Robert W. Baird reduced their price target on shares of Under Armour from $7.00 to $6.00 and set a "neutral" rating for the company in a research report on Monday, August 11th. Finally, Evercore ISI reduced their price target on shares of Under Armour from $7.00 to $6.00 and set an "underperform" rating for the company in a research report on Wednesday, May 14th. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $6.74.

Under Armour Stock Performance

UAA traded up $0.26 during trading on Tuesday, hitting $5.18. 30,513,277 shares of the company traded hands, compared to its average volume of 14,227,901. The firm has a market cap of $2.23 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 2.29 and a beta of 1.61. The stock's fifty day moving average is $6.65 and its 200 day moving average is $6.58. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. Under Armour has a one year low of $4.78 and a one year high of $11.89.

Under Armour (NYSE:UAA - Get Free Report) last announced its earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business's revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.01 EPS.

Insider Buying and Selling

In other news, insider Mehri Shadman sold 16,287 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $6.14, for a total value of $100,002.18. Following the completion of the transaction, the insider directly owned 191,796 shares in the company, valued at approximately $1,177,627.44. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was 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. This represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. 15.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Under Armour

A number of institutional investors and hedge funds have recently bought and sold shares of UAA. JPMorgan Chase & Co. raised its stake in Under Armour by 36.5% in the fourth quarter. JPMorgan Chase & Co. now owns 554,525 shares of the company's stock valued at $4,591,000 after purchasing an additional 148,280 shares in the last quarter. Geode Capital Management LLC raised its stake in Under Armour by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 2,890,105 shares of the company's stock valued at $23,940,000 after purchasing an additional 9,024 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Under Armour by 183.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 35,689 shares of the company's stock valued at $296,000 after purchasing an additional 23,111 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Under Armour in the fourth quarter valued at approximately $439,000. Finally, Rockefeller Capital Management L.P. raised its stake in Under Armour by 10.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 127,071 shares of the company's stock valued at $1,052,000 after purchasing an additional 11,624 shares in the last quarter. 34.58% of the stock is owned by hedge funds and other institutional investors.

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.