Under Armour (NYSE:UAA) Rating Lowered to Hold at Rothschild Redb

Key Points

• Under Armour was downgraded from a "strong-buy" to a "hold" rating by Rothschild Redb, amid a series of mixed ratings from other analysts, highlighting a consensus rating of "Hold" with an average target price of $6.70.
• The company's stock price has seen a decline of 0.6%, with recent figures showing a 12-month low of $4.76 and a high of $11.89.
• Insiders have recently increased their holdings in Under Armour, with significant purchases made by directors, indicating a potential confidence in the company's future performance.

Rothschild Redb lowered shares of Under Armour (NYSE:UAA - Free Report) from a strong-buy rating to a hold rating in a research note released on Monday,Zacks.com reports.

A number of other brokerages also recently weighed in on UAA. JPMorgan Chase & Co. lowered their price target on Under Armour from $6.00 to $5.00 and set an "underweight" rating on the stock in a report on Friday, August 8th. Wall Street Zen upgraded Under Armour from a "sell" rating to a "hold" rating in a report on Saturday, August 16th. Robert W. Baird lowered their price target on Under Armour from $7.00 to $6.00 and set a "neutral" rating on the stock in a report on Monday, August 11th. Cfra Research raised Under Armour from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, August 12th. Finally, Citigroup reduced their price objective on Under Armour from $6.00 to $5.50 and set a "neutral" rating for the company in a research report on Monday, August 11th. Three equities research 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 MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $6.70.

Under Armour Trading Down 2.2%

Shares of Under Armour stock traded down $0.11 on Monday, reaching $4.84. 16,194,616 shares of the company were exchanged, compared to its average volume of 13,207,268. The stock has a fifty day moving average price of $5.75 and a 200-day moving average price of $6.17. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 22.00, a price-to-earnings-growth ratio of 4.08 and a beta of 1.67. 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 has a fifty-two week low of $4.76 and a fifty-two week 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the firm earned $0.01 earnings per share. The firm's revenue for the quarter was down 4.2% on a year-over-year basis. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, analysts expect that Under Armour will post 0.3 EPS for the current year.

Insider Activity

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

Hedge Funds Weigh In On Under Armour

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its stake in Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company's stock valued at $27,000 after acquiring an additional 3,352 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of Under Armour by 583.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company's stock valued at $28,000 after purchasing an additional 3,498 shares during the period. UMB Bank n.a. grew its stake in shares of Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company's stock valued at $29,000 after purchasing an additional 2,405 shares during the period. Twin Tree Management LP bought a new stake in shares of Under Armour in the 1st quarter valued at approximately $44,000. Finally, Neo Ivy Capital Management bought a new stake in shares of Under Armour in the 2nd quarter valued at approximately $44,000. 34.58% of the stock is currently owned by 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.