Under Armour (NYSE:UAA) Shares Down 5.7% – What’s Next?

Under Armour, Inc. (NYSE:UAA)’s share price was down 5.7% during trading on Thursday . The company traded as low as $6.89 and last traded at $6.8440. Approximately 604,899 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 9,716,927 shares. The stock had previously closed at $7.26.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on UAA shares. Citigroup reissued a “sell” rating and set a $4.75 price objective (down from $6.20) on shares of Under Armour in a report on Wednesday, May 13th. UBS Group reaffirmed 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. Zacks Research cut Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group reissued a “neutral” rating and issued a $6.00 price target on shares of Under Armour in a report on Wednesday, May 13th. Finally, Truist Financial cut their price objective on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Under Armour has an average rating of “Reduce” and an average price target of $5.91.

Under Armour Trading Down 7.8%

The stock has a market cap of $2.85 billion, a P/E ratio of -5.76, a PEG ratio of 2.43 and a beta of 1.67. The firm’s fifty day moving average price is $6.09 and its two-hundred day moving average price is $6.27. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 1.08.

Under Armour (NYSE:UAA) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.08) earnings per share. 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, equities research analysts forecast that Under Armour, Inc. will post 0.11 EPS for the current year.

Insider Buying and Selling at Under Armour

In other Under Armour news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of the stock in a transaction on Wednesday, May 13th. The shares were purchased at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the acquisition, the insider directly owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders bought 1,178,344 shares of company stock valued at $5,865,147. Company insiders own 15.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Fairfax Financial Holdings Ltd. Can raised its stake in Under Armour by 564.8% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock valued at $208,536,000 after purchasing an additional 35,647,123 shares in the last quarter. Marshall Wace LLP lifted its position in Under Armour by 113.8% during the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock valued at $31,420,000 after purchasing an additional 3,351,976 shares during the last quarter. Whitebox Advisors LLC bought a new position in shares of Under Armour in the 3rd quarter worth $11,237,000. Group One Trading LLC increased its holdings in shares of Under Armour by 378.3% in the 1st quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock worth $9,268,000 after buying an additional 2,131,642 shares during the last quarter. Finally, Deltroit Asset Management UK LLP purchased a new stake in shares of Under Armour during the 4th quarter valued at $9,909,000. 34.58% of the stock is currently owned by institutional investors.

About Under Armour

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.