Telsey Advisory Group Reaffirms Market Perform Rating for Under Armour (NYSE:UAA)

Under Armour (NYSE:UAA)‘s stock had its “market perform” rating reiterated by stock analysts at Telsey Advisory Group in a report issued on Friday,Benzinga reports. They presently have a $5.00 target price on the stock. Telsey Advisory Group’s price target would suggest a potential upside of 8.60% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Citigroup cut their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, October 21st. UBS Group cut their price target on shares of Under Armour from $8.00 to $7.50 and set a “buy” rating on the stock in a report on Monday, August 11th. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Rothschild Redb downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Under Armour from $6.00 to $5.00 and set an “underweight” rating on the stock in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Under Armour presently has a consensus rating of “Reduce” and a consensus price target of $6.67.

Under Armour Stock Up 1.2%

Shares of NYSE UAA opened at $4.60 on Friday. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 20.93, a P/E/G ratio of 3.85 and a beta of 1.76. Under Armour has a 12-month low of $4.45 and a 12-month high of $11.89. The firm’s 50-day moving average price is $4.90 and its 200-day moving average price is $5.87. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.21.

Under Armour (NYSE:UAA) last issued its quarterly earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.13 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.01 earnings per share. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, equities research analysts anticipate that Under Armour will post 0.3 EPS for the current fiscal year.

Insider Transactions at Under Armour

In related news, Director Robert John Sweeney bought 100,000 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were acquired at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the purchase, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the purchase, the director owned 133,696 shares of the company’s stock, valued at approximately $659,121.28. This represents a 296.77% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 202,045 shares of company stock worth $991,000 over the last 90 days. Insiders own 15.60% of the company’s stock.

Hedge Funds Weigh In On Under Armour

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Under Armour by 17.5% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company’s stock valued at $40,590,000 after purchasing an additional 965,404 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Under Armour by 9.2% during the second quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock valued at $40,780,000 after purchasing an additional 504,912 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Under Armour by 4.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company’s stock valued at $31,548,000 after purchasing an additional 231,990 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Under Armour by 17.2% during the first 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. Finally, Marshall Wace LLP boosted its stake in shares of Under Armour by 109.3% during the second quarter. Marshall Wace LLP now owns 2,944,567 shares of the company’s stock valued at $20,111,000 after purchasing an additional 1,537,713 shares in the last quarter. 34.58% of the stock is currently owned by institutional investors.

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.