Under Armour, Inc. (NYSE:UAA) Receives Consensus Rating of “Reduce” from Brokerages

Under Armour, Inc. (NYSE:UAA) has earned a consensus recommendation of “Reduce” from the twenty brokerages that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $5.9107.

A number of equities research analysts recently weighed in on UAA shares. Barclays set a $5.00 price objective on Under Armour and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Friday, April 24th. Robert W. Baird set a $8.00 price objective on Under Armour in a research report on Monday, February 9th. Telsey Advisory Group dropped their price objective 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. Finally, Zacks Research downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th.

Under Armour Price Performance

UAA opened at $5.53 on Monday. Under Armour has a 12-month low of $4.13 and a 12-month high of $8.15. 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’s fifty day simple moving average is $5.99 and its 200-day simple moving average is $5.75. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -4.76, a PEG ratio of 1.69 and a beta of 1.73.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 in the prior year, the company earned ($0.08) EPS. The business’s revenue was down .8% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Under Armour will post 0.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the transaction, the insider directly owned 44,179,116 shares in the company, valued at $219,570,206.52. This trade represents a 1.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders bought a total of 1,178,344 shares of company stock worth $5,865,147 over the last 90 days. 15.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Under Armour

Several institutional investors have recently added to or reduced their stakes in UAA. Fairfax Financial Holdings Ltd. Can boosted its holdings 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 worth $208,536,000 after acquiring an additional 35,647,123 shares in the last quarter. Marshall Wace LLP boosted its holdings in Under Armour by 113.8% in the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after acquiring an additional 3,351,976 shares in the last quarter. Whitebox Advisors LLC acquired a new stake in Under Armour in the third quarter worth about $11,237,000. Group One Trading LLC boosted its holdings in Under Armour by 378.3% in the first quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock worth $9,268,000 after acquiring an additional 2,131,642 shares in the last quarter. Finally, Deltroit Asset Management UK LLP acquired a new stake in Under Armour in the fourth quarter worth about $9,909,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

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.