Under Armour (UAA) Projected to Post Quarterly Earnings on Thursday

Under Armour (NYSE:UAA) is projected to post its results before the market opens on Thursday, November 6th. Analysts expect Under Armour to post earnings of $0.02 per share and revenue of $1.3055 billion for the quarter. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.

Under Armour (NYSE:UAA) last released its quarterly earnings data on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. On average, analysts expect Under Armour to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Under Armour Stock Performance

Shares of NYSE:UAA opened at $4.58 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. The business’s fifty day moving average price is $4.89 and its two-hundred day moving average price is $5.87. Under Armour has a fifty-two week low of $4.45 and a fifty-two week high of $11.89. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 3.85 and a beta of 1.76.

Analyst Ratings Changes

Several analysts have recently weighed in on UAA shares. JPMorgan Chase & Co. dropped 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. Bank of America lowered their price objective on shares of Under Armour from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Monday, August 11th. Rothschild Redb cut shares of 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 report on Tuesday, August 12th. Finally, Citigroup dropped their price objective on Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Three investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Under Armour currently has a consensus rating of “Reduce” and a consensus price target of $6.67.

Insiders Place Their Bets

In related news, Director Robert John Sweeney acquired 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were acquired at an average cost of $4.88 per share, with a total value of $488,000.00. Following the transaction, the director owned 133,696 shares of the company’s stock, valued at $652,436.48. The trade was a 296.77% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $4.93 per share, with a total value of $493,000.00. Following the acquisition, the director owned 133,696 shares in the company, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 202,045 shares of company stock worth $991,000. 15.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Under Armour

Large investors have recently modified their holdings of the business. Royal Bank of Canada increased its position in shares of Under Armour by 5.3% in the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company’s stock valued at $7,242,000 after acquiring an additional 58,701 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Under Armour by 33.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company’s stock valued at $2,055,000 after buying an additional 81,732 shares during the last quarter. United Services Automobile Association acquired a new stake in Under Armour in the first quarter valued at $83,000. Creative Planning lifted its stake in Under Armour by 70.8% in the second quarter. Creative Planning now owns 30,457 shares of the company’s stock valued at $208,000 after acquiring an additional 12,620 shares during the last quarter. Finally, Prudential Financial Inc. grew its position in shares of Under Armour by 27.0% in the 2nd quarter. Prudential Financial Inc. now owns 22,191 shares of the company’s stock valued at $152,000 after acquiring an additional 4,718 shares during the period. 34.58% of the stock is currently owned by institutional investors and hedge funds.

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.