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

Shares of Under Armour, Inc. (NYSE:UAA) have earned an average rating of “Reduce” from the twenty ratings firms that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $5.9107.

A number of analysts have commented on the stock. Truist Financial cut their price target on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, May 13th. Citigroup restated a “sell” rating and set a $4.75 price objective (down from $6.20) on shares of Under Armour in a research note on Wednesday, May 13th. Stifel Nicolaus set a $6.00 target price on shares of Under Armour and gave the company a “hold” rating in a report on Tuesday, May 12th. UBS Group reiterated a “buy” rating and issued a $10.00 target price (down from $11.00) on shares of Under Armour in a research note on Thursday, May 14th. Finally, Zacks Research cut Under Armour from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th.

Under Armour Trading Down 0.4%

Shares of Under Armour stock opened at $6.76 on Tuesday. The stock has a market cap of $2.88 billion, a P/E ratio of -5.83, a P/E/G ratio of 2.15 and a beta of 1.67. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42. Under Armour has a 12-month low of $4.13 and a 12-month high of $8.15. The business’s 50 day moving average is $5.92 and its 200-day moving average is $6.16.

Under Armour (NYSE:UAA) last released its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $1.17 billion during 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 firm’s revenue was down .8% on a year-over-year basis. During the same period last year, the business earned ($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. Equities research analysts predict that Under Armour will post 0.12 earnings per share for the current fiscal year.

Insider Activity

In other Under Armour news, major shareholder V Prem Et Al Watsa bought 739,521 shares of Under Armour stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the purchase, the insider owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. The trade was a 1.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased 1,178,344 shares of company stock valued at $5,865,147 over the last ninety days. Company insiders own 15.60% of the company’s stock.

Institutional Investors Weigh In On Under Armour

Large investors have recently added to or reduced their stakes in the business. Blair William & Co. IL lifted its holdings in Under Armour by 40.0% during the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Under Armour by 202.7% in the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after purchasing an additional 5,662 shares during the last quarter. State of Wyoming acquired a new position in shares of Under Armour in the second quarter valued at $44,000. Equitable Holdings Inc. bought a new position in shares of Under Armour in the fourth quarter valued at about $51,000. Finally, Portside Wealth Group LLC acquired a new stake in shares of Under Armour during the 4th quarter worth about $52,000. 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.