Under Armour (NYSE:UAA) Stock Price Up 7.1% – What’s Next?

Under Armour, Inc. (NYSE:UAA) shares rose 7.1% during trading on Wednesday . The stock traded as high as $7.07 and last traded at $7.0810. 3,730,379 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 9,805,860 shares. The stock had previously closed at $6.61.

Analysts Set New Price Targets

Several research firms recently issued reports on UAA. Telsey Advisory Group dropped their price target on Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a research report on Wednesday, May 13th. Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Barclays set a $5.00 target price on shares of Under Armour and gave the company an “equal weight” rating in a research note on Wednesday, May 13th. UBS Group reissued a “buy” rating and set a $10.00 target price (down from $11.00) on shares of Under Armour in a report on Thursday, May 14th. Finally, Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a report on Sunday, May 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $5.91.

Under Armour Price Performance

The company has a current ratio of 1.62, a quick ratio of 1.08 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $5.93 and a two-hundred day moving average price of $6.17. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of -6.05, a PEG ratio of 2.14 and a beta of 1.67.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the business posted ($0.08) EPS. The business’s revenue was down .8% on a year-over-year basis. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. As a group, research analysts forecast that Under Armour, Inc. will post 0.12 EPS for the current year.

Insider Transactions at Under Armour

In related news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the completion of the purchase, the insider owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. This represents a 1.70% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired 1,178,344 shares of company stock valued at $5,865,147 in the last quarter. Company insiders own 15.60% of the company’s stock.

Institutional Trading of Under Armour

A number of large investors have recently modified their holdings of the company. Blair William & Co. IL lifted its position in Under Armour by 40.0% in the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares during the last quarter. Hantz Financial Services Inc. grew its position in Under Armour by 202.7% in the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after purchasing an additional 5,662 shares during the last quarter. State of Wyoming bought a new position in Under Armour in the 2nd quarter worth about $44,000. Equitable Holdings Inc. acquired a new stake in shares of Under Armour in the fourth quarter valued at approximately $51,000. Finally, Portside Wealth Group LLC acquired a new stake in shares of Under Armour in the fourth quarter valued at approximately $52,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.