Under Armour (NYSE:UAA) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Under Armour reported $0.02 earnings per share for the quarter, missing estimates of $0.03 by $0.01, while its revenue matched expectations at $1.13 billion, despite a 4.2% drop compared to last year.
• The company updated its Q2 2026 guidance to 0.010-0.020 EPS, indicating cautious outlook moving forward.
• Analysts have mixed opinions on the stock, with target prices ranging from $6.00 to $10.00, and a current consensus rating of "Hold".

Under Armour (NYSE:UAA - Get Free Report) announced its earnings results on Friday. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01), Zacks reports. Under Armour had a positive return on equity of 7.04% and a negative net margin of 3.90%. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the company earned $0.01 earnings per share. The company's quarterly revenue was down 4.2% compared to the same quarter last year. Under Armour updated its Q2 2026 guidance to 0.010-0.020 EPS.

Under Armour Price Performance

UAA traded down $1.22 on Friday, hitting $5.43. 58,068,667 shares of the company were exchanged, compared to its average volume of 12,806,960. Under Armour has a fifty-two week low of $4.78 and a fifty-two week high of $11.89. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.25 and a current ratio of 2.10. The firm has a market capitalization of $2.33 billion, a P/E ratio of -11.54, a price-to-earnings-growth ratio of 0.94 and a beta of 1.61. The business's fifty day moving average is $6.83 and its 200 day moving average is $6.71.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Stifel Nicolaus reduced their target price on shares of Under Armour from $11.00 to $10.00 and set a "buy" rating for the company in a research report on Wednesday, May 14th. Robert W. Baird raised their target price on Under Armour from $6.00 to $7.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 14th. Needham & Company LLC restated a "hold" rating on shares of Under Armour in a report on Wednesday, May 14th. Barclays cut their target price on Under Armour from $8.00 to $6.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Finally, BMO Capital Markets cut their price target on shares of Under Armour from $12.00 to $9.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 14th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $7.31.

Insider Activity at Under Armour

In related news, insider Mehri Shadman sold 16,287 shares of Under Armour stock in a transaction 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 directly owned 191,796 shares of the company's stock, valued at approximately $1,177,627.44. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 15.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Under Armour

Several hedge funds have recently added to or reduced their stakes in the business. United Services Automobile Association acquired a new position in shares of Under Armour during the first quarter worth about $83,000. Royal Bank of Canada raised its position in shares of Under Armour by 5.3% in the 1st quarter. Royal Bank of Canada now owns 1,158,649 shares of the company's stock valued at $7,242,000 after purchasing an additional 58,701 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Under Armour by 33.1% during the first quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company's stock worth $2,055,000 after buying an additional 81,732 shares in the last quarter. 34.58% of the stock is currently 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.

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