Under Armour (NYSE:UAA) Stock Rating Lowered by Wall Street Zen

Under Armour (NYSE:UAA) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. cut their price target 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. Evercore ISI dropped their price target on Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a research note on Friday. Citigroup reduced their price objective on Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, October 21st. Rothschild & Co Redburn reissued a “neutral” rating and issued a $6.00 price objective (down from $7.00) on shares of Under Armour in a report on Monday, September 15th. Finally, Bank of America cut their target price on shares of Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $6.58.

Under Armour Price Performance

UAA stock opened at $4.67 on Friday. The business’s 50-day moving average is $4.86 and its two-hundred day moving average is $5.83. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. The firm has a market capitalization of $2.00 billion, a P/E ratio of 21.21, a P/E/G ratio of 3.85 and a beta of 1.86. Under Armour has a 1 year low of $4.35 and a 1 year high of $11.08.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 earnings per share. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Analysts anticipate that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Robert John Sweeney purchased 100,000 shares of the business’s stock in a transaction that occurred on 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 completion of the acquisition, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. This trade represents a 296.77% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Dawn N. Fitzpatrick acquired 100,000 shares of Under Armour stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director owned 133,696 shares of the company’s stock, valued at $659,121.28. This trade represents a 296.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 202,045 shares of company stock valued at $991,000. 15.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in UAA. Cambridge Investment Research Advisors Inc. grew its holdings in Under Armour by 24.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,972 shares of the company’s stock valued at $225,000 after buying an additional 7,114 shares during the period. Principal Financial Group Inc. grew its holdings in Under Armour by 0.4% in the first quarter. Principal Financial Group Inc. now owns 435,307 shares of the company’s stock valued at $2,721,000 after purchasing an additional 1,888 shares during the period. Cerity Partners LLC purchased a new stake in Under Armour in the first quarter valued at approximately $66,000. Grant GrossMendelsohn LLC increased its position in Under Armour by 32.9% during the first quarter. Grant GrossMendelsohn LLC now owns 20,185 shares of the company’s stock worth $117,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Bleakley Financial Group LLC raised its stake in Under Armour by 63.5% during the first quarter. Bleakley Financial Group LLC now owns 84,761 shares of the company’s stock worth $530,000 after purchasing an additional 32,909 shares during the period. 34.58% of the stock is owned by hedge funds and other institutional investors.

About Under Armour

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.