Under Armour, Inc. (NYSE:UAA) Receives $6.43 Consensus Target Price from Brokerages

Under Armour, Inc. (NYSE:UAAGet Free Report) has been assigned an average rating of “Hold” from the twenty-three analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $6.3688.

A number of research firms have recently weighed in on UAA. Truist Financial set a $6.00 price target on shares of Under Armour in a report on Wednesday. Guggenheim raised shares of Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Telsey Advisory Group set a $5.00 price target on Under Armour in a research report on Friday, November 14th. Wall Street Zen cut Under Armour from a “hold” rating to a “sell” rating in a research report on Sunday, December 21st. Finally, William Blair upgraded Under Armour to a “hold” rating in a research note on Thursday, November 6th.

View Our Latest Analysis on UAA

Under Armour Trading Down 0.9%

UAA opened at $5.75 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of -27.38, a PEG ratio of 6.19 and a beta of 1.81. Under Armour has a 12 month low of $4.13 and a 12 month high of $8.72. The stock has a fifty day moving average price of $4.76 and a 200-day moving average price of $5.27.

Under Armour (NYSE:UAAGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities research analysts anticipate that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder V Prem Et Al Watsa acquired 13,182,469 shares of the business’s stock in a transaction dated Tuesday, December 30th. The shares were acquired at an average cost of $5.12 per share, with a total value of $67,494,241.28. Following the completion of the acquisition, the insider owned 41,958,923 shares of the company’s stock, valued at approximately $214,829,685.76. This trade represents a 45.81% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Over the last 90 days, insiders acquired 28,864,433 shares of company stock valued at $138,511,963. 15.60% of the stock is owned by corporate insiders.

Institutional Trading of Under Armour

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. 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 valued at $31,420,000 after purchasing an additional 3,351,976 shares during the last quarter. Whitebox Advisors LLC acquired a new stake in Under Armour during the third quarter worth about $11,237,000. Fort Baker Capital Management LP purchased a new position in Under Armour during the third quarter valued at approximately $8,624,000. Jupiter Asset Management Ltd. boosted its position in Under Armour by 249.4% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company’s stock worth $16,252,000 after purchasing an additional 1,698,467 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Under Armour during the 2nd quarter valued at approximately $9,918,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

About Under Armour

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Under Armour (NYSE:UAA)

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