Telsey Advisory Group Weighs in on 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 dropped their Q3 2026 earnings per share (EPS) estimates for Under Armour in a research report issued on Monday, August 11th. Telsey Advisory Group analyst C. Fernandez now expects that the company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.09. Telsey Advisory Group has a "Market Perform" rating and a $5.00 price target 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.

Under Armour (NYSE:UAA - Get Free Report) last posted 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). Under Armour had a return on equity of 7.24% and a net margin of 1.99%. The business had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.13 billion. During the same quarter in the previous year, the firm earned $0.01 earnings per share. Under Armour's quarterly revenue was down 4.2% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. Stifel Nicolaus reduced their price objective on Under Armour from $11.00 to $10.00 and set a "buy" rating on the stock in a research report on Wednesday, May 14th. UBS Group reduced their price objective on Under Armour from $8.00 to $7.50 and set a "buy" rating on the stock in a research report on Monday. Needham & Company LLC reiterated a "hold" rating on shares of Under Armour in a research report on Wednesday, May 14th. The Goldman Sachs Group started coverage on Under Armour in a research report on Wednesday, July 2nd. They set a "neutral" rating and a $7.00 price objective on the stock. Finally, BMO Capital Markets reduced their price objective on Under Armour from $12.00 to $9.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 14th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $6.74.

Under Armour Price Performance

UAA opened at $5.13 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $2.21 billion, a P/E ratio of 23.32, a PEG ratio of 0.76 and a beta of 1.61. The stock has a 50-day moving average price of $6.78 and a 200-day moving average price of $6.64. Under Armour has a 12-month low of $4.78 and a 12-month high of $11.89.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Alyeska Investment Group L.P. raised its position in Under Armour by 55.7% during the 4th quarter. Alyeska Investment Group L.P. now owns 9,789,553 shares of the company's stock valued at $81,057,000 after purchasing an additional 3,503,006 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Under Armour by 17.5% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company's stock worth $40,590,000 after acquiring an additional 965,404 shares in the last quarter. American Century Companies Inc. raised its position in shares of Under Armour by 36.2% in the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company's stock worth $34,161,000 after acquiring an additional 1,452,143 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Under Armour by 4.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company's stock worth $31,548,000 after acquiring an additional 231,990 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of Under Armour by 17.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company's stock worth $24,987,000 after acquiring an additional 586,183 shares in the last quarter. Institutional investors own 34.58% of the company's stock.

Insider Buying and Selling

In other Under Armour news, insider Mehri Shadman sold 16,287 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $6.14, for a total transaction of $100,002.18. Following the completion of the transaction, the insider owned 191,796 shares of the company's stock, valued at $1,177,627.44. This represents a 7.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 15.60% of the stock is owned by insiders.

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.

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