Under Armour's (UAA) "Sell (D+)" Rating Reaffirmed at Weiss Ratings

Key Points

• Under Armour's stock has been reaffirmed with a "Sell (D+)" rating by Weiss Ratings, signaling continued bearish sentiment from analysts.
• JPMorgan Chase & Co. and Telsey Advisory Group both lowered their price targets for Under Armour to $5.00, indicating concerns about the company's financial performance.
• Insider trading activity shows confidence, with directors acquiring 202,045 shares of Under Armour stock, representing a significant increase in their ownership stakes.

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

UAA has been the subject of a number of other research reports. JPMorgan Chase & Co. decreased their price objective on shares of Under Armour from $6.00 to $5.00 and set an "underweight" rating for the company in a report on Friday, August 8th. Telsey Advisory Group reduced their price target on shares of 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 shares of Under Armour from $8.00 to $6.50 and set a "neutral" rating for the company in a report on Monday, August 11th. Cfra Research upgraded shares of Under Armour from a "moderate sell" rating to a "hold" rating in a report on Tuesday, August 12th. Finally, Rothschild & Co Redburn reaffirmed a "neutral" rating and issued a $6.00 price objective (down previously from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $6.70.

Under Armour Trading Up 2.3%

Shares of UAA stock traded up $0.11 during trading hours on Wednesday, reaching $4.96. 7,645,589 shares of the stock were exchanged, compared to its average volume of 12,981,812. Under Armour has a 12-month low of $4.72 and a 12-month high of $11.89. 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 company's 50-day moving average price is $5.24 and its 200-day moving average price is $6.00. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 22.55, a price-to-earnings-growth ratio of 4.24 and a beta of 1.76.

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

Insiders Place Their Bets

In other Under Armour news, Director Robert John Sweeney bought 100,000 shares of the company's stock in a transaction dated 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 completion of the acquisition, the director directly owned 133,696 shares of the company's stock, valued at $652,436.48. This represents a 296.77% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the company's 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 acquisition, the director directly owned 133,696 shares of the company's stock, 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 have bought 202,045 shares of company stock valued at $991,000 in the last ninety days. Insiders own 15.60% of the company's stock.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. grew its holdings in shares of Under Armour by 0.4% in the first 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. UMB Bank n.a. lifted its position in Under Armour by 133.8% in the second quarter. UMB Bank n.a. now owns 4,203 shares of the company's stock valued at $29,000 after buying an additional 2,405 shares during the last quarter. Panagora Asset Management Inc. lifted its position in Under Armour by 11.3% in the second quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company's stock valued at $164,000 after buying an additional 2,440 shares during the last quarter. HUB Investment Partners LLC lifted its position in Under Armour by 12.9% in the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company's stock valued at $149,000 after buying an additional 2,489 shares during the last quarter. Finally, M&T Bank Corp lifted its position in Under Armour by 23.2% in the second quarter. M&T Bank Corp now owns 13,296 shares of the company's stock valued at $91,000 after buying an additional 2,504 shares during the last quarter. Hedge funds and other 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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