Under Armour (NYSE:UAA) Reaches New 12-Month Low - Here's Why

Key Points

• Under Armour's stock reached a new **52-week low** at $4.78 during trading, indicating significant declines as it trades lower than its previous close of $5.03.
• Multiple analysts have downgraded their price targets for Under Armour, with Bank of America lowering it to **$6.50**, indicating a prevailing **neutral** outlook across the board.
• Insider activity has increased, with **Director Robert John Sweeney** and another director purchasing large amounts of stock, reflecting **increased confidence** in the company's future prospects despite recent struggles.

Under Armour, Inc. (NYSE:UAA - Get Free Report)'s stock price hit a new 52-week low during trading on Saturday . The company traded as low as $4.78 and last traded at $4.86, with a volume of 19401943 shares trading hands. The stock had previously closed at $5.03.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Rothschild & Co Redburn reissued a "neutral" rating and set a $6.00 price target (down previously from $7.00) on shares of Under Armour in a report on Monday. UBS Group dropped their price target on shares of Under Armour from $8.00 to $7.50 and set a "buy" rating on the stock in a research note on Monday, August 11th. The Goldman Sachs Group initiated coverage on Under Armour in a report on Wednesday, July 2nd. They issued a "neutral" rating and a $7.00 target price for the company. Cfra Research raised shares of Under Armour from a "moderate sell" rating to a "hold" rating in a report on Tuesday, August 12th. Finally, Robert W. Baird reduced their price target on shares of Under Armour from $7.00 to $6.00 and set a "neutral" rating for the company in a research report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $6.70.

Under Armour Stock Performance

The company has a market cap of $2.15 billion, a price-to-earnings ratio of 22.80, a P/E/G 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. The stock's 50 day moving average price is $5.83 and its 200 day moving average price is $6.19.

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

Insider Buying and Selling at Under Armour

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased its position in shares of Under Armour by 620.7% in the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company's stock worth $27,000 after acquiring an additional 3,352 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in shares of Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company's stock valued at $28,000 after acquiring an additional 3,498 shares in the last quarter. UMB Bank n.a. boosted its position in Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company's stock worth $29,000 after purchasing an additional 2,405 shares during the period. Twin Tree Management LP acquired a new stake in Under Armour in the 1st quarter valued at $44,000. Finally, Neo Ivy Capital Management purchased a new position in Under Armour in the second quarter valued at about $44,000. Hedge funds and other institutional investors own 34.58% of the company's stock.

About Under Armour

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.