Under Armour (NYSE:UAA) Downgraded by Wall Street Zen to Sell

Wall Street Zen downgraded shares of Under Armour (NYSE:UAA) from a hold rating to a sell rating in a research note issued to investors on Sunday.

Several other research analysts have also recently commented on UAA. Rothschild Redb cut shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. BTIG Research assumed coverage on shares of Under Armour in a research report on Tuesday, October 14th. They set a “neutral” rating for the company. Rothschild & Co Redburn reissued a “neutral” rating and issued a $6.00 target price (down previously from $7.00) on shares of Under Armour in a report on Monday, September 15th. William Blair upgraded Under Armour to a “hold” rating in a research note on Thursday, November 6th. Finally, Evercore ISI decreased their price target on Under Armour from $5.00 to $4.00 and set an “underperform” rating for the company in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Under Armour presently has a consensus rating of “Hold” and an average price target of $6.43.

Under Armour Price Performance

Shares of NYSE UAA opened at $4.53 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.69 and a quick ratio of 1.10. The company has a market cap of $1.94 billion, a price-to-earnings ratio of -21.57, a price-to-earnings-growth ratio of 4.55 and a beta of 1.83. The stock’s 50-day moving average is $4.56 and its two-hundred day moving average is $5.45. Under Armour has a 1-year low of $4.13 and a 1-year high of $8.77.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the business posted $0.39 EPS. The business’s quarterly revenue was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Analysts forecast that Under Armour will post 0.3 EPS for the current fiscal year.

Institutional Trading of Under Armour

A number of large investors have recently made changes to their positions in the company. Parallel Advisors LLC increased its position in Under Armour by 620.7% during the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock worth $27,000 after buying an additional 3,352 shares during the period. Laurel Wealth Advisors LLC grew its position in shares of Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after acquiring an additional 3,498 shares during the last quarter. UMB Bank n.a. grew its position in shares of Under Armour by 133.8% during the second quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after acquiring an additional 2,405 shares during the last quarter. Uhlmann Price Securities LLC acquired a new position in shares of Under Armour in the 3rd quarter valued at $46,000. Finally, State of Wyoming purchased a new stake in Under Armour in the 2nd quarter valued at $44,000. 34.58% of the stock is owned by institutional investors and hedge funds.

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.