Under Armour (NYSE:UAA) Downgraded to “Sell” Rating by Wall Street Zen

Under Armour (NYSE:UAA) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other research analysts have also recently commented on UAA. Bank of America reduced 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. Rothschild & Co Redburn reissued a “neutral” rating and set a $6.00 price objective (down from $7.00) on shares of Under Armour in a report on Monday, September 15th. Citigroup reduced their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 21st. Robert W. Baird decreased their price target on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Monday, August 11th. Finally, Rothschild Redb cut shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $6.58.

Under Armour Price Performance

NYSE:UAA traded up $0.12 during trading hours on Friday, hitting $4.67. 15,486,144 shares of the company’s stock traded hands, compared to its average volume of 12,711,639. The firm has a market cap of $2.00 billion, a P/E ratio of 21.21, a P/E/G ratio of 3.85 and a beta of 1.86. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. The business’s fifty day simple moving average is $4.86 and its two-hundred day simple moving average is $5.83. Under Armour has a 52 week low of $4.35 and a 52 week high of $11.08.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, topping 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 $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the business earned $0.39 earnings per share. Under Armour’s revenue for the quarter was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, research analysts anticipate 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 business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average cost of $4.93 per share, with a total value of $493,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company’s stock, valued at $659,121.28. This trade represents a 296.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert John Sweeney purchased 100,000 shares of Under Armour stock in a transaction that occurred 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 acquisition, 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 is available in the SEC filing. Insiders purchased 202,045 shares of company stock worth $991,000 over the last three months. 15.60% of the stock is owned by insiders.

Institutional Trading of Under Armour

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fuller & Thaler Asset Management Inc. increased 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 valued at $40,590,000 after buying an additional 965,404 shares during the period. American Century Companies Inc. raised its position in shares of Under Armour by 9.2% in 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. lifted its stake in shares of Under Armour by 4.8% in 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 purchasing an additional 231,990 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of Under Armour by 17.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock valued at $24,987,000 after purchasing an additional 586,183 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Under Armour by 109.3% during the second quarter. Marshall Wace LLP now owns 2,944,567 shares of the company’s stock valued at $20,111,000 after purchasing an additional 1,537,713 shares in 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.