Under Armour (NYSE:UAA) Receives "Sell (D+)" Rating from Weiss Ratings

Key Points

• Under Armour's stock has been assigned a "Sell (D+)" rating by Weiss Ratings, highlighting ongoing concerns about its market performance.
• The company's earnings report showed a missed consensus estimate, with $0.02 EPS against an expected $0.03, and a revenue decline of 4.2% year-over-year.
• Recent insider trading included significant purchases by directors, with each acquiring 100,000 shares, indicating insider confidence despite the stock's struggles.

Under Armour (NYSE:UAA - Get Free Report)'s stock had its "sell (d+)" rating reissued by investment analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

UAA has been the topic of a number of other research reports. Telsey Advisory Group lowered their target price on Under Armour from $7.00 to $5.00 and set a "market perform" rating on the stock in a research note on Monday, August 11th. Citigroup lowered their target price on Under Armour from $5.50 to $5.00 and set a "neutral" rating on the stock in a research note on Tuesday. Bank of America lowered their target price on Under Armour from $8.00 to $6.50 and set a "neutral" rating on the stock in a research note on Monday, August 11th. Cfra Research upgraded Under Armour from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, August 12th. Finally, The Goldman Sachs Group began coverage on Under Armour in a research note on Wednesday, July 2nd. They issued a "neutral" rating and a $7.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Under Armour has a consensus rating of "Reduce" and an average price target of $6.67.

Under Armour Stock Down 0.7%

NYSE:UAA traded down $0.04 during trading hours on Friday, hitting $4.82. 7,884,975 shares of the company's stock traded hands, compared to its average volume of 8,916,953. The stock's fifty day moving average price is $4.95 and its two-hundred day moving average price is $5.89. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. Under Armour has a twelve month low of $4.72 and a twelve month high of $11.89. The firm has a market cap of $2.06 billion, a P/E ratio of 21.89, a P/E/G ratio of 4.04 and a beta of 1.76.

Under Armour (NYSE:UAA - Get Free Report) last issued its earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). 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 during the quarter, compared to analysts' expectations of $1.13 billion. During the same quarter last year, the firm earned $0.01 EPS. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, research analysts expect that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insider Activity

In other Under Armour news, Director Dawn N. Fitzpatrick bought 100,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the purchase, the director directly owned 133,696 shares in the company, valued at $659,121.28. This trade represents a 296.77% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert John Sweeney bought 100,000 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were acquired at an average price of $4.88 per share, with a total value of $488,000.00. Following the purchase, the director owned 133,696 shares in the company, valued at $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. 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.

Institutional Trading of Under Armour

Several hedge funds have recently added to or reduced their stakes in UAA. Cambridge Investment Research Advisors Inc. boosted its stake in Under Armour by 24.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,972 shares of the company's stock valued at $225,000 after purchasing an additional 7,114 shares during the period. Verity Asset Management Inc. bought a new stake in Under Armour during the 1st quarter valued at approximately $880,000. Vontobel Holding Ltd. bought a new stake in Under Armour during the 1st quarter valued at approximately $623,000. Principal Financial Group Inc. boosted its stake in Under Armour by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 435,307 shares of the company's stock valued at $2,721,000 after purchasing an additional 1,888 shares during the period. Finally, Cerity Partners LLC bought a new stake in Under Armour during the 1st quarter valued at approximately $66,000. Institutional investors own 34.58% of the company's stock.

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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