Under Armour (NYSE:UAA) Given New $5.00 Price Target at Citigroup

Under Armour (NYSE:UAA) had its target price trimmed by Citigroup from $5.50 to $5.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other research analysts also recently weighed in on UAA. Rothschild & Co Redburn reiterated a “neutral” rating and set a $6.00 target price (down previously from $7.00) on shares of Under Armour in a report on Monday, September 15th. UBS Group cut their price target on Under Armour from $8.00 to $7.50 and set a “buy” rating on the stock in a research note on Monday, August 11th. Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Cfra Research upgraded Under Armour from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, August 12th. Finally, Bank of America cut their price target 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. Three investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $6.67.

Under Armour Stock Up 1.2%

UAA stock opened at $4.79 on Tuesday. Under Armour has a fifty-two week low of $4.72 and a fifty-two week high of $11.89. The business’s 50 day moving average price is $4.96 and its two-hundred day moving average price is $5.90. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 4.01 and a beta of 1.76.

Under Armour (NYSE:UAA) 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). 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 quarter last year, the company posted $0.01 EPS. The firm’s revenue 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, analysts forecast that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Under Armour

In other Under Armour news, Director Dawn N. Fitzpatrick bought 100,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were acquired at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the purchase, the director owned 133,696 shares in the company, valued at approximately $659,121.28. This trade represents a 296.77% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert John Sweeney bought 100,000 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were acquired at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the purchase, 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. Over the last quarter, insiders have acquired 202,045 shares of company stock worth $991,000. Company insiders own 15.60% of the company’s stock.

Institutional Trading of Under Armour

Institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its holdings in shares of Under Armour by 872.2% during the 1st quarter. GAMMA Investing LLC now owns 16,644 shares of the company’s stock valued at $104,000 after buying an additional 14,932 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of 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 buying an additional 7,114 shares during the period. Verity Asset Management Inc. bought a new position in shares of Under Armour during the 1st quarter valued at $880,000. Vontobel Holding Ltd. bought a new position in shares of Under Armour during the 1st quarter valued at $623,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of 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 buying an additional 1,888 shares during the period. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

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.