Under Armour (NYSE:UAA) Upgraded at Zacks Research

Zacks Research upgraded shares of Under Armour (NYSE:UAA) from a hold rating to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

Several other brokerages have also recently issued reports on UAA. The Goldman Sachs Group reiterated a “neutral” rating and issued a $7.00 price objective (up from $5.50) on shares of Under Armour in a research note on Monday, February 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a research note on Monday, December 29th. Citigroup downgraded Under Armour from a “neutral” rating to a “sell” rating and set a $6.20 price objective for the company. in a research report on Tuesday, February 10th. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Barclays set a $8.00 price target on shares of Under Armour and gave the stock an “equal weight” rating in a report on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $6.91.

Under Armour Stock Up 0.3%

Shares of UAA opened at $6.33 on Monday. The company’s 50-day simple moving average is $6.64 and its 200-day simple moving average is $5.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.43. Under Armour has a 1 year low of $4.13 and a 1 year high of $8.15. The stock has a market capitalization of $2.70 billion, a PE ratio of -5.19, a P/E/G ratio of 2.45 and a beta of 1.81.

Under Armour (NYSE:UAA) last announced its earnings results on Friday, February 6th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.11. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the firm earned $0.08 EPS. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. Analysts forecast that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of the firm’s stock in a transaction on Wednesday, January 28th. The stock was bought at an average price of $6.21 per share, for a total transaction of $6,906,258.99. Following the completion of the purchase, the insider directly owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. The trade was a 2.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have acquired 13,583,722 shares of company stock valued at $80,555,375 over the last three months. 15.60% of the stock is owned by insiders.

Institutional Trading of Under Armour

A number of large investors have recently made changes to their positions in the company. Uhlmann Price Securities LLC purchased a new position in Under Armour during the 3rd quarter worth approximately $46,000. Blair William & Co. IL grew its position in shares of Under Armour by 40.0% during the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after acquiring an additional 1,476 shares during the last quarter. State of Wyoming acquired a new position in shares of Under Armour in the 2nd quarter valued at $44,000. Hantz Financial Services Inc. increased its holdings in shares of Under Armour by 202.7% in the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after acquiring an additional 5,662 shares during the period. Finally, LRI Investments LLC purchased a new stake in Under Armour in the 3rd quarter valued at $50,000. 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.