Under Armour (NYSE:UAA) Reaches New 12-Month Low – Here’s Why

Under Armour, Inc. (NYSE:UAA) shares reached a new 52-week low on Tuesday . The stock traded as low as $4.44 and last traded at $4.4750, with a volume of 759754 shares traded. The stock had previously closed at $4.57.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on UAA shares. Rothschild & Co Redburn restated a “neutral” rating and set a $6.00 price target (down previously from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Citigroup reduced their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. UBS Group reduced their price target on shares of Under Armour from $8.00 to $7.50 and set a “buy” rating for the company in a research report on Monday, August 11th. Telsey Advisory Group restated a “market perform” rating and set a $5.00 price target on shares of Under Armour in a research report on Friday, October 31st. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Under Armour in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $6.67.

Under Armour Stock Performance

The company has a market cap of $1.95 billion, a PE ratio of 20.68, a PEG ratio of 3.85 and a beta of 1.86. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The firm’s 50 day moving average is $4.87 and its 200-day moving average is $5.85.

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 $0.02 by $0.02. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the company earned $0.39 EPS. Under Armour’s 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. On average, research analysts anticipate that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Insider Activity at Under Armour

In other news, Director Dawn N. Fitzpatrick purchased 100,000 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average price of $4.93 per share, with a total value of $493,000.00. Following the purchase, the director directly owned 133,696 shares in the company, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert John Sweeney purchased 100,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was purchased at an average cost of $4.88 per share, with a total value of $488,000.00. Following the purchase, the director owned 133,696 shares in the company, valued at approximately $652,436.48. This trade represents a 296.77% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders bought 202,045 shares of company stock valued at $991,000. Corporate insiders own 15.60% of the company’s stock.

Hedge Funds Weigh In On Under Armour

Hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC boosted its position in shares of Under Armour by 620.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock worth $27,000 after purchasing an additional 3,352 shares during the period. Laurel Wealth Advisors LLC boosted its position in shares of Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after purchasing an additional 3,498 shares during the period. UMB Bank n.a. boosted its position in shares of Under Armour by 133.8% during the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after purchasing an additional 2,405 shares during the period. Twin Tree Management LP purchased a new position in shares of Under Armour during the 1st quarter worth approximately $44,000. Finally, Neo Ivy Capital Management purchased a new position in shares of Under Armour during the 2nd quarter worth approximately $44,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.