Under Armour’s (UA) Sell (D+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d+) rating on shares of Under Armour (NYSE:UA) in a research note published on Friday,Weiss Ratings reports.

Under Armour Price Performance

Shares of UA stock opened at $4.65 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 21.11 and a beta of 1.67. The business’s fifty day moving average is $4.82 and its 200 day moving average is $5.63. Under Armour has a twelve month low of $4.56 and a twelve month high of $10.62.

Under Armour (NYSE:UA) last released its earnings results on Friday, August 8th. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.36 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS.

Insider Transactions at Under Armour

In related news, Director Dawn N. Fitzpatrick purchased 100,000 shares of Under Armour stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company’s stock, valued at $659,121.28. The trade was a 296.77% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Robert John Sweeney acquired 100,000 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were bought 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 $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 202,045 shares of company stock worth $991,000. Insiders own 15.60% of the company’s stock.

Hedge Funds Weigh In On Under Armour

Institutional investors and hedge funds have recently modified their holdings of the company. Perigon Wealth Management LLC increased its stake in shares of Under Armour by 7.6% in the first quarter. Perigon Wealth Management LLC now owns 53,878 shares of the company’s stock worth $321,000 after purchasing an additional 3,802 shares in the last quarter. DAVENPORT & Co LLC bought a new position in Under Armour in the 1st quarter worth $91,000. Teacher Retirement System of Texas purchased a new stake in Under Armour in the 1st quarter worth $118,000. Concurrent Investment Advisors LLC raised its holdings in Under Armour by 152.8% during the first quarter. Concurrent Investment Advisors LLC now owns 51,311 shares of the company’s stock valued at $305,000 after acquiring an additional 31,011 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Under Armour in the first quarter valued at about $78,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, develops, markets, and distributes 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.