Under Armour (NYSE:UA – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 0.10-0.110 for the period. The company issued revenue guidance of $5.0 billion-$5.0 billion, compared to the consensus revenue estimate of $4.9 billion.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
Get Our Latest Research Report on UA
Under Armour Trading Down 5.6%
Under Armour (NYSE:UA – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion.
Insider Buying and Selling
In other Under Armour news, major shareholder V Prem Et Al Watsa bought 1,112,119 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were acquired at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the purchase, the insider directly owned 43,000,872 shares of the company’s stock, valued at $267,035,415.12. This trade represents a 2.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In the last three months, insiders have bought 42,448,155 shares of company stock valued at $219,067,338. 15.60% of the stock is currently owned by corporate insiders.
Institutional Trading of Under Armour
Several large investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new position in shares of Under Armour during the 3rd quarter valued at about $53,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Under Armour during the 3rd quarter worth approximately $62,000. Cerity Partners LLC acquired a new position in Under Armour in the second quarter valued at approximately $65,000. Sugar Maple Asset Management LLC acquired a new stake in Under Armour during the second quarter worth $68,000. Finally, Boothbay Fund Management LLC purchased a new stake in Under Armour in the third quarter valued at $107,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.
About Under Armour
Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.
The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.
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