Under Armour, Inc. (NYSE:UAA) Receives $5.91 Consensus Target Price from Brokerages

Under Armour, Inc. (NYSE:UAA) has been given an average rating of “Reduce” by the twenty analysts that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $5.9107.

Several research firms have recently weighed in on UAA. Telsey Advisory Group lowered their price objective on shares of 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research note on Friday, April 24th. Zacks Research lowered Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Stifel Nicolaus set a $6.00 target price on Under Armour and gave the stock a “hold” rating in a research note on Tuesday, May 12th. Finally, Barclays set a $5.00 target price on Under Armour and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th.

Under Armour Stock Performance

Under Armour stock opened at $5.85 on Friday. The firm’s fifty day moving average price is $5.89 and its 200-day moving average price is $5.91. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62. The stock has a market cap of $2.49 billion, a P/E ratio of -5.04, a price-to-earnings-growth ratio of 1.91 and a beta of 1.69. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.15.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The business’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the company posted ($0.08) EPS. 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 expect that Under Armour will post 0.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Under Armour news, major shareholder V Prem Et Al Watsa bought 739,521 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $4.97 per share, for a total transaction of $3,675,419.37. Following 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have acquired 1,178,344 shares of company stock valued at $5,865,147. 15.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Under Armour

A number of large investors have recently added to or reduced their stakes in UAA. Fairfax Financial Holdings Ltd. Can raised its position in Under Armour by 564.8% in the 4th quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock worth $208,536,000 after purchasing an additional 35,647,123 shares during the period. Marshall Wace LLP raised its position in Under Armour by 113.8% in the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after purchasing an additional 3,351,976 shares during the period. Whitebox Advisors LLC purchased a new position in Under Armour in the 3rd quarter worth $11,237,000. Group One Trading LLC raised its position in 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 purchasing an additional 2,131,642 shares during the period. Finally, Deltroit Asset Management UK LLP bought a new stake in Under Armour in the 4th quarter worth $9,909,000. Hedge funds and other institutional investors 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.