Under Armour, Inc. (NYSE:UAA) Stock Now Rated “Reduce” by Sell-Side Analysts

Under Armour, Inc. (NYSE:UAA) has been given an average recommendation of “Reduce” by the sixteen research firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, ten have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $5.77.

Several analysts have recently commented on the stock. UBS Group set a $9.00 price objective on shares of Under Armour and gave the stock a “buy” rating in a research report on Monday, August 10th. Morgan Stanley set a $4.00 target price on shares of Under Armour and gave the stock an “equal weight” rating in a research note on Thursday, September 10th. Weiss Ratings upgraded shares of Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Truist Financial lifted their price target on shares of Under Armour from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Monday, August 10th. Finally, Barclays lowered shares of Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective on the stock. in a report on Tuesday, August 11th.

Insider Buying and Selling

In other news, CFO Reza Taleghani purchased 18,656 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $5.37 per share, with a total value of $100,182.72. Following the purchase, the chief financial officer owned 87,621 shares in the company, valued at $470,524.77. This represents a 27.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 15.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in shares of Under Armour by 9.4% during the 1st quarter. NewEdge Advisors LLC now owns 23,908 shares of the company’s stock worth $141,000 after acquiring an additional 2,061 shares during the period. PNC Financial Services Group Inc. raised its stake in Under Armour by 20.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 18,878 shares of the company’s stock valued at $112,000 after acquiring an additional 3,166 shares during the period. Florida Financial Advisors LLC lifted its holdings in Under Armour by 23.0% during the fourth quarter. Florida Financial Advisors LLC now owns 17,375 shares of the company’s stock valued at $84,000 after purchasing an additional 3,254 shares during the last quarter. HB Wealth Management LLC boosted its position in Under Armour by 31.8% during the first quarter. HB Wealth Management LLC now owns 21,042 shares of the company’s stock worth $124,000 after purchasing an additional 5,074 shares during the period. Finally, Optas LLC boosted its position in Under Armour by 13.9% during the first quarter. Optas LLC now owns 44,900 shares of the company’s stock worth $265,000 after purchasing an additional 5,495 shares during the period. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Stock Performance

UAA stock opened at $4.50 on Friday. The firm has a market cap of $1.93 billion, a PE ratio of -3.91, a price-to-earnings-growth ratio of 1.75 and a beta of 1.62. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. The stock has a 50-day moving average price of $5.68 and a 200-day moving average price of $5.93. Under Armour has a 1-year low of $4.13 and a 1-year high of $8.15.

Under Armour (NYSE:UAA) last released its earnings results on Friday, August 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.The firm’s revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.02 earnings per share. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. As a group, equities research analysts expect that Under Armour will post 0.11 earnings per share for the current year.

About Under Armour

Under Armour, Inc develops, markets and distributes performance apparel, footwear and accessories for athletes and active consumers. Its products are designed for a range of sports and activities and include training and team apparel, athletic shoes, sports bras, outerwear, hats, bags and other accessories. The company markets products under the Under Armour brand, including HeatGear, ColdGear and other performance-oriented product lines.

Founded in 1996 by Kevin Plank, Under Armour initially gained recognition for moisture-wicking performance shirts before expanding into a broader athletic apparel and footwear business.