Under Armour (NYSE:UA) Announces Earnings Results

Key Points

• Under Armour reported quarterly earnings of $0.02 per share, matching analysts' expectations, but fell short on revenue with $1.13 billion against a forecast of $1.36 billion.
• Following the earnings announcement, Under Armour shares declined by 17.2% to $5.19, amidst increased trading volume.
• Institutional investor AQR Capital Management significantly increased its stake in Under Armour by 247.3% during the first quarter, indicating growing interest among hedge funds.

Under Armour (NYSE:UA - Get Free Report) released its quarterly earnings results on Friday. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.02, Zacks reports. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The firm had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.36 billion. Under Armour updated its Q2 2026 guidance to 0.010-0.020 EPS.

Under Armour Price Performance

UA traded up $0.09 on Wednesday, hitting $4.97. 1,566,443 shares of the company's stock were exchanged, compared to its average volume of 3,784,388. Under Armour has a fifty-two week low of $4.62 and a fifty-two week high of $10.62. 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 firm has a 50-day moving average price of $6.38 and a 200-day moving average price of $6.22. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 22.39 and a beta of 1.54.

Insider Transactions at Under Armour

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

Institutional Investors Weigh In On Under Armour

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its position in shares of Under Armour by 34.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company's stock valued at $2,310,000 after acquiring an additional 99,402 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Under Armour by 247.3% during the 1st quarter. AQR Capital Management LLC now owns 98,632 shares of the company's stock valued at $587,000 after acquiring an additional 70,231 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in shares of Under Armour by 26.4% during the 2nd quarter. Prudential Financial Inc. now owns 19,560 shares of the company's stock valued at $127,000 after acquiring an additional 4,083 shares during the last quarter. Institutional investors and hedge funds own 36.35% of the company's stock.

About Under Armour

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.