Under Armour, Inc. (NYSE:UAA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Under Armour, Inc. (NYSE:UAA) have received a consensus recommendation of “Hold” from the twenty-three brokerages that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, fifteen have issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $6.9438.

Several equities research analysts have recently weighed in on the stock. UBS Group reaffirmed a “buy” rating and issued a $11.00 price target on shares of Under Armour in a research report on Monday, February 9th. Citigroup lowered Under Armour from a “neutral” rating to a “sell” rating and set a $6.20 target price for the company. in a report on Tuesday, February 10th. Argus upgraded Under Armour to a “hold” rating in a report on Friday, January 16th. Barclays set a $8.00 price target on Under Armour and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Finally, Guggenheim raised Under Armour to a “strong-buy” rating in a research report on Wednesday, December 10th.

Under Armour Stock Down 1.2%

Shares of UAA stock opened at $7.14 on Wednesday. The stock has a market cap of $3.04 billion, a P/E ratio of -5.85, a PEG ratio of 5.37 and a beta of 1.76. The company’s fifty day simple moving average is $6.35 and its two-hundred day simple moving average is $5.31. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. Under Armour has a 52 week low of $4.13 and a 52 week high of $8.15.

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

Insiders Place Their Bets

In other Under Armour news, major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The shares were bought at an average price of $6.21 per share, for a total transaction of $6,906,258.99. Following the acquisition, the insider owned 43,000,872 shares in the company, valued at $267,035,415.12. This represents a 2.65% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have purchased 42,448,155 shares of company stock worth $219,067,338. 15.60% of the stock is currently owned by insiders.

Institutional Trading of Under Armour

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Blair William & Co. IL grew its position in shares of Under Armour by 40.0% in the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after buying an additional 1,476 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings in shares of Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after purchasing an additional 3,498 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of Under Armour by 202.7% during the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after purchasing an additional 5,662 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Under Armour during the second quarter worth about $44,000. Finally, State of Wyoming purchased a new stake in shares of Under Armour in the 2nd quarter valued at about $44,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

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.