Under Armour (NYSE:UA) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Under Armour (NYSE:UA) released its earnings results on Thursday. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02, Zacks reports. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour updated its FY 2026 guidance to 0.030-0.050 EPS.

Under Armour Trading Up 2.2%

UA traded up $0.10 during trading on Friday, reaching $4.44. The company had a trading volume of 5,769,491 shares, compared to its average volume of 4,312,063. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. Under Armour has a 52 week low of $4.18 and a 52 week high of $9.82. The stock has a market cap of $1.90 billion, a P/E ratio of 20.16 and a beta of 1.77. The business has a 50 day simple moving average of $4.71 and a 200-day simple moving average of $5.57.

Insider Activity

In other Under Armour news, Director Robert John Sweeney purchased 100,000 shares of Under Armour stock in a transaction dated Thursday, August 21st. The shares were purchased at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the acquisition, the director owned 133,696 shares in the company, valued at $652,436.48. This represents a 296.77% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dawn N. Fitzpatrick purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired 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 in the company, valued at $659,121.28. The trade was a 296.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 202,045 shares of company stock valued at $991,000 in the last 90 days. Company insiders own 15.60% of the company’s stock.

Institutional Trading of Under Armour

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cerity Partners LLC purchased a new stake in shares of Under Armour during the second quarter valued at $65,000. Sugar Maple Asset Management LLC bought a new stake in Under Armour during the 2nd quarter valued at about $68,000. Prudential Financial Inc. lifted its holdings in Under Armour by 26.4% during the 2nd quarter. Prudential Financial Inc. now owns 19,560 shares of the company’s stock valued at $127,000 after buying an additional 4,083 shares in the last quarter. Osaic Holdings Inc. boosted its position in Under Armour by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 35,932 shares of the company’s stock valued at $233,000 after buying an additional 2,295 shares during the period. Finally, Bayesian Capital Management LP grew its stake in Under Armour by 18.1% in the 2nd quarter. Bayesian Capital Management LP now owns 56,100 shares of the company’s stock worth $364,000 after acquiring an additional 8,600 shares in the last quarter. Hedge funds and other institutional investors own 36.35% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Under Armour in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

About Under Armour

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.