Rothschild & Co Redburn reissued their neutral rating on shares of Under Armour (NYSE:UAA – Free Report) in a research note published on Monday morning, MarketBeat reports. The firm currently has a $6.00 target price on the stock, down from their previous target price of $7.00.
Other analysts have also issued research reports about the company. Bank of America decreased their price objective on Under Armour from $8.00 to $6.50 and set a “neutral” rating for the company in a report on Monday, August 11th. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. Cfra Research upgraded Under Armour from a “moderate sell” rating to a “hold” rating in a report on Tuesday, August 12th. UBS Group reduced their target price on Under Armour from $8.00 to $7.50 and set a “buy” rating for the company in a research note on Monday, August 11th. Finally, The Goldman Sachs Group initiated coverage on Under Armour in a research note on Wednesday, July 2nd. They issued a “neutral” rating and a $7.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $6.70.
Check Out Our Latest Report on UAA
Under Armour Stock Performance
Under Armour (NYSE:UAA – Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the prior year, the company posted $0.01 EPS. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. Equities research analysts predict that Under Armour will post 0.3 earnings per share for the current fiscal year.
Insider Activity
In other news, Director Dawn N. Fitzpatrick acquired 100,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the acquisition, the director owned 133,696 shares in the company, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert John Sweeney acquired 100,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the acquisition, the director owned 133,696 shares in the company, valued at $652,436.48. The trade was a 296.77% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 202,045 shares of company stock worth $991,000. 15.60% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. lifted its holdings in Under Armour by 17.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock valued at $24,987,000 after purchasing an additional 586,183 shares in the last quarter. American Century Companies Inc. lifted its holdings in Under Armour by 36.2% in the 1st quarter. American Century Companies Inc. now owns 5,465,814 shares of the company’s stock valued at $34,161,000 after purchasing an additional 1,452,143 shares in the last quarter. GDS Wealth Management purchased a new position in Under Armour in the 1st quarter valued at $315,000. ABC Arbitrage SA acquired a new position in shares of Under Armour during the 1st quarter worth approximately $3,233,000. Finally, Vontobel Holding Ltd. acquired a new position in shares of Under Armour during the 1st quarter worth approximately $623,000. 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.
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