Under Armour (NYSE:UAA) Raised to Hold at Wall Street Zen

Under Armour (NYSE:UAA) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other research analysts also recently issued research reports about the company. Evercore ISI reduced their target price on Under Armour from $5.00 to $4.00 and set an “underperform” rating on the stock in a report on Friday, November 7th. BTIG Research started coverage on Under Armour in a research note on Tuesday, October 14th. They issued a “neutral” rating on the stock. UBS Group reissued a “buy” rating on shares of Under Armour in a research report on Friday, January 2nd. Zacks Research raised shares of Under Armour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Finally, Citigroup lowered their price target on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Under Armour presently has an average rating of “Hold” and an average price target of $6.37.

Under Armour Stock Up 0.7%

Shares of Under Armour stock opened at $5.80 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32. Under Armour has a 12-month low of $4.13 and a 12-month high of $8.72. The company has a market cap of $2.49 billion, a P/E ratio of -27.62, a PEG ratio of 6.16 and a beta of 1.81. The company’s fifty day simple moving average is $4.78 and its two-hundred day simple moving average is $5.23.

Under Armour (NYSE:UAA) last posted its earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. Under Armour had a negative net margin of 1.74% and a positive return on equity of 1.27%. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the company posted $0.39 EPS. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Research analysts anticipate that Under Armour will post 0.3 EPS for the current year.

Insider Transactions at Under Armour

In other news, major shareholder V Prem Et Al Watsa bought 13,182,469 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were purchased at an average price of $5.12 per share, for a total transaction of $67,494,241.28. Following the completion of the purchase, the insider owned 41,958,923 shares in the company, valued at approximately $214,829,685.76. This represents a 45.81% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have bought 28,864,433 shares of company stock valued at $138,511,963 over the last three months. 15.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Under Armour

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UAA. Marshall Wace LLP grew its stake in shares of Under Armour by 113.8% in the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after acquiring an additional 3,351,976 shares during the period. Whitebox Advisors LLC bought a new position in Under Armour during the third quarter valued at approximately $11,237,000. Fort Baker Capital Management LP purchased a new stake in Under Armour in the third quarter worth approximately $8,624,000. Jupiter Asset Management Ltd. grew its position in Under Armour by 249.4% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 2,379,513 shares of the company’s stock worth $16,252,000 after purchasing an additional 1,698,467 shares during the period. Finally, Norges Bank purchased a new stake in Under Armour during the 2nd quarter valued at $9,918,000. 34.58% of the stock is owned by institutional investors.

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.