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) reached a new 52-week low during mid-day trading on Saturday . The stock 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.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Bank of America lowered their price target on shares of Under Armour from $8.00 to $6.50 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Robert W. Baird lowered their price target on shares of Under Armour from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Citigroup lowered their price target on shares of Under Armour from $6.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday, August 11th. Wall Street Zen raised shares of Under Armour from a "sell" rating to a "hold" rating in a report on Saturday, August 16th. Finally, Telsey Advisory Group decreased their target price on shares of Under Armour from $7.00 to $5.00 and set a "market perform" rating on the stock in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $6.74.

Under Armour Stock Down 3.4%

The stock's fifty day moving average is $5.96 and its two-hundred day moving average is $6.23. 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 market cap of $2.08 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 4.23 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). The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business's revenue was down 4.2% on a year-over-year basis. During the same period last year, the company posted $0.01 EPS. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. As a group, research analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Robert John Sweeney purchased 100,000 shares of the business's stock in a transaction on Thursday, August 21st. The stock was acquired at an average price of $4.88 per share, with a total value of $488,000.00. Following the purchase, the director directly owned 133,696 shares in the company, valued at approximately $652,436.48. This represents a 296.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was bought at an average cost of $4.93 per share, with a total value of $493,000.00. Following the purchase, the director 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. In the last three months, insiders acquired 202,045 shares of company stock valued at $991,000. Corporate insiders own 15.60% of the company's stock.

Hedge Funds Weigh In On Under Armour

A number of hedge funds and other institutional investors have recently bought and sold shares of UAA. Osaic Holdings Inc. boosted its stake in shares of Under Armour by 130.1% in the 2nd quarter. Osaic Holdings Inc. now owns 65,784 shares of the company's stock valued at $449,000 after purchasing an additional 37,190 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Under Armour by 90.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 205,046 shares of the company's stock valued at $1,400,000 after purchasing an additional 97,182 shares in the last quarter. State of Wyoming purchased a new stake in shares of Under Armour in the 2nd quarter valued at $44,000. Kestra Investment Management LLC boosted its stake in shares of Under Armour by 171.2% in the 2nd quarter. Kestra Investment Management LLC now owns 50,923 shares of the company's stock valued at $348,000 after purchasing an additional 32,148 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of Under Armour in the 2nd quarter valued at $114,000. 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.

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