Under Armour (NYSE:UAA) Sets New 52-Week High Following Better-Than-Expected Earnings

Under Armour, Inc. (NYSE:UAA) hit a new 52-week high during trading on Monday following a better than expected earnings announcement. The stock traded as high as $7.64 and last traded at $7.5630, with a volume of 1211622 shares. The stock had previously closed at $7.56.

The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.11. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the company posted $0.08 earnings per share. The company’s revenue for the quarter was down 5.2% compared to the same quarter last year. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UAA. Guggenheim raised shares of Under Armour to a “strong-buy” rating in a report on Wednesday, December 10th. Truist Financial set a $6.00 price objective on Under Armour in a report on Wednesday, January 14th. Telsey Advisory Group reiterated a “market perform” rating and set a $6.00 target price (up previously from $5.00) on shares of Under Armour in a research report on Friday. Citigroup reissued a “neutral” rating and set a $6.20 target price (up from $5.00) on shares of Under Armour in a research note on Friday, January 23rd. Finally, William Blair upgraded Under Armour to a “hold” rating in a research note on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $6.94.

Insider Activity at Under Armour

In other news, major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the stock in a transaction that occurred on Wednesday, January 28th. The shares were acquired at an average price of $6.21 per share, for a total transaction of $6,906,258.99. Following the acquisition, the insider directly owned 43,000,872 shares in the company, valued at approximately $267,035,415.12. The trade was a 2.65% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders purchased 42,448,155 shares of company stock worth $219,067,338. 15.60% of the stock is owned by insiders.

Institutional Trading of Under Armour

Several large investors have recently bought and sold shares of the company. Laurel Wealth Advisors LLC raised its stake 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 buying an additional 3,498 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Under Armour by 202.7% during 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 in the last quarter. Neo Ivy Capital Management acquired a new position in Under Armour during the second quarter worth about $44,000. State of Wyoming purchased a new stake in shares of Under Armour in the second quarter valued at about $44,000. Finally, Uhlmann Price Securities LLC acquired a new stake in shares of Under Armour in the third quarter valued at approximately $46,000. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour Stock Up 4.2%

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 0.92. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of -6.46, a price-to-earnings-growth ratio of 7.70 and a beta of 1.83. The firm’s 50-day moving average price is $5.39 and its 200 day moving average price is $5.17.

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.