Under Armour (NYSE:UAA) Stock Rating Upgraded by Wall Street Zen

Key Points

• Under Armour's stock rating has been upgraded from a "sell" to a "hold" by Wall Street Zen, reflecting a more positive outlook from analysts.
• Despite the upgrade, multiple analysts have lowered their price targets for Under Armour, with the average price target now at $6.70.
• Recent insider transactions indicate significant investment in the company, with key directors purchasing large volumes of shares, increasing their stake by over 296%.

Under Armour (NYSE:UAA - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Saturday.

Several other equities research analysts have also recently commented on UAA. Rothschild & Co Redburn reaffirmed a "neutral" rating and issued a $6.00 price target (down previously from $7.00) on shares of Under Armour in a report on Monday, September 15th. Telsey Advisory Group dropped their target price on Under Armour from $7.00 to $5.00 and set a "market perform" rating for the company in a report on Monday, August 11th. Bank of America reduced their price target on Under Armour from $8.00 to $6.50 and set a "neutral" rating on the stock in a report on Monday, August 11th. Cfra Research raised shares of Under Armour from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, August 12th. Finally, Robert W. Baird dropped their price objective on shares of Under Armour from $7.00 to $6.00 and set a "neutral" rating for the company in a report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $6.70.

Under Armour Price Performance

Shares of NYSE UAA opened at $4.78 on Friday. The firm has a 50-day simple moving average of $4.97 and a 200-day simple moving average of $5.92. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 21.73, a price-to-earnings-growth ratio of 4.03 and a beta of 1.76. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. Under Armour has a 52 week low of $4.72 and a 52 week high of $11.89.

Under Armour (NYSE:UAA - Get Free Report) last posted its quarterly 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). Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the previous year, the firm posted $0.01 earnings per share. The business's revenue 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, equities analysts predict that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insider Transactions at Under Armour

In related news, Director Dawn N. Fitzpatrick purchased 100,000 shares of Under Armour stock in a transaction dated 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 purchase, the director owned 133,696 shares of the company's stock, valued at approximately $659,121.28. The trade was a 296.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert John Sweeney acquired 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 completion of the acquisition, the director owned 133,696 shares in the company, valued at approximately $652,436.48. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. Insiders acquired 202,045 shares of company stock worth $991,000 in the last ninety days. 15.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UAA. Fuller & Thaler Asset Management Inc. boosted its position in shares of Under Armour by 17.5% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company's stock worth $40,590,000 after buying an additional 965,404 shares during the period. American Century Companies Inc. lifted its stake in Under Armour by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 5,970,726 shares of the company's stock worth $40,780,000 after acquiring an additional 504,912 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Under Armour by 4.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company's stock valued at $31,548,000 after acquiring an additional 231,990 shares during the period. T. Rowe Price Investment Management Inc. grew its position in Under Armour by 17.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company's stock valued at $24,987,000 after acquiring an additional 586,183 shares in the last quarter. Finally, Marshall Wace LLP grew its position in Under Armour by 109.3% in the 2nd quarter. Marshall Wace LLP now owns 2,944,567 shares of the company's stock valued at $20,111,000 after acquiring an additional 1,537,713 shares in the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.

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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