Analysts Set Under Armour, Inc. (NYSE:UAA) Price Target at $5.91

Under Armour, Inc. (NYSE:UAA) has received an average rating of “Reduce” from the twenty ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $5.9107.

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus set a $6.00 target price on shares of Under Armour and gave the stock a “hold” rating in a report on Tuesday, May 12th. The Goldman Sachs Group reiterated a “neutral” rating and set a $6.00 target price on shares of Under Armour in a research note on Wednesday, May 13th. Barclays set a $5.00 price target on Under Armour and gave the company an “equal weight” rating in a report on Wednesday, May 13th. Truist Financial cut their price objective on Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a report on Tuesday, July 21st.

Under Armour Price Performance

Shares of NYSE:UAA opened at $6.76 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.08 and a current ratio of 1.62. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of -5.83, a price-to-earnings-growth ratio of 2.19 and a beta of 1.67. The business has a 50-day simple moving average of $6.35 and a two-hundred day simple moving average of $6.35. Under Armour has a fifty-two week low of $4.13 and a fifty-two week high of $8.15.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the firm posted ($0.08) EPS. The business’s quarterly revenue was down .8% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. On average, analysts expect that Under Armour will post 0.11 earnings per share for the current year.

Insider Transactions at Under Armour

In other news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $4.97 per share, for a total transaction of $3,675,419.37. Following the purchase, the insider directly owned 44,179,116 shares in the company, valued at $219,570,206.52. This trade represents a 1.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 1,178,344 shares of company stock valued at $5,865,147 over the last 90 days. Company insiders own 15.70% of the company’s stock.

Hedge Funds Weigh In On Under Armour

Institutional investors and hedge funds have recently made changes to their positions in the business. Blair William & Co. IL increased its holdings in Under Armour by 40.0% during the fourth 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. Hantz Financial Services Inc. raised its position in Under Armour by 202.7% in the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after acquiring an additional 5,662 shares during the period. State of Wyoming purchased a new position in shares of Under Armour during the 2nd quarter worth $44,000. Equitable Holdings Inc. purchased a new position in shares of Under Armour during the 4th quarter worth $51,000. Finally, Portside Wealth Group LLC bought a new stake in shares of Under Armour during the 4th quarter valued at $52,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

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.