Analysts Set Under Armour, Inc. (NYSE:UAA) Price Target at $6.74

Key Points

• Under Armour, Inc. has received an average analyst rating of "Hold", with three analysts rating the stock as a sell, fourteen as hold, and three as buy.
• Insider trading activity saw Director Dawn N. Fitzpatrick purchasing 100,000 shares at $4.93 each, indicating a significant increase in their ownership position.
• The company's recent quarterly earnings revealed a miss of estimates, reporting $0.02 earnings per share compared to an expected $0.03, with revenue down 4.2% year-over-year.

Shares of Under Armour, Inc. (NYSE:UAA - Get Free Report) have earned an average rating of "Hold" from the twenty analysts that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $6.7438.

UAA has been the topic of a number of recent research reports. UBS Group dropped their target price on Under Armour from $8.00 to $7.50 and set a "buy" rating on the stock in a report on Monday, August 11th. JPMorgan Chase & Co. dropped their target price on Under Armour from $6.00 to $5.00 and set an "underweight" rating on the stock in a report on Friday, August 8th. Bank of America dropped their target price on Under Armour from $8.00 to $6.50 and set a "neutral" rating on the stock in a report on Monday, August 11th. Telsey Advisory Group dropped their price target on Under Armour from $7.00 to $5.00 and set a "market perform" rating on the stock in a report on Monday, August 11th. Finally, Wall Street Zen upgraded Under Armour from a "sell" rating to a "hold" rating in a report on Saturday, August 16th.

Insiders Place Their Bets

In other Under Armour news, Director Robert John Sweeney purchased 100,000 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were acquired at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the acquisition, the director owned 133,696 shares of the company's stock, valued at $652,436.48. The trade was a 296.77% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the acquisition, the director directly owned 133,696 shares of the company's stock, valued at $659,121.28. This trade represents a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 202,045 shares of company stock worth $991,000 over the last quarter. 15.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Under Armour

A number of large investors have recently bought and sold shares of the company. Principal Financial Group Inc. increased 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 worth $2,721,000 after buying an additional 1,888 shares during the last quarter. UMB Bank n.a. increased its position in Under Armour by 133.8% in the second quarter. UMB Bank n.a. now owns 4,203 shares of the company's stock worth $29,000 after buying an additional 2,405 shares during the last quarter. Panagora Asset Management Inc. grew its position in shares of Under Armour by 11.3% in the second quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company's stock valued at $164,000 after purchasing an additional 2,440 shares in the last quarter. HUB Investment Partners LLC raised its stake 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 purchasing an additional 2,489 shares during the period. Finally, M&T Bank Corp raised 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 valued at $91,000 after purchasing an additional 2,504 shares during the period. 34.58% of the stock is owned by hedge funds and other institutional investors.

Under Armour Stock Down 3.4%

Shares of UAA stock traded down $0.17 during trading hours on Wednesday, reaching $4.86. The company had a trading volume of 19,401,943 shares, compared to its average volume of 12,381,630. Under Armour has a 12 month low of $4.78 and a 12 month high of $11.89. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. The business has a fifty day simple moving average of $5.96 and a 200-day simple moving average of $6.22. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 22.09, a price-to-earnings-growth ratio of 4.07 and a beta of 1.67.

Under Armour (NYSE:UAA - Get Free Report) last posted its 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). Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the business earned $0.01 EPS. The firm's revenue for the quarter was down 4.2% compared to the same quarter last year. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, research analysts expect that Under Armour will post 0.3 earnings per share for the current fiscal year.

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.