Under Armour, Inc. (NYSE:UAA) Receives $5.77 Consensus Price Target from Analysts

Under Armour, Inc. (NYSE:UAA) has earned an average rating of “Reduce” from the sixteen research firms that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $5.7708.

A number of analysts have weighed in on UAA shares. UBS Group set a $9.00 price target on Under Armour and gave the company a “buy” rating in a research report on Monday, August 10th. Barclays lowered shares of Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective on the stock. in a report on Tuesday, August 11th. Morgan Stanley set a $4.00 price target on shares of Under Armour and gave the company an “equal weight” rating in a report on Thursday, September 10th. Truist Financial boosted their price objective on Under Armour from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Monday, August 10th. Finally, Weiss Ratings raised Under Armour from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th.

Insider Buying and Selling at Under Armour

In other news, CFO Reza Taleghani purchased 18,656 shares of Under Armour stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of $5.37 per share, with a total value of $100,182.72. Following the completion of the transaction, the chief financial officer directly owned 87,621 shares in the company, valued at $470,524.77. This trade represents a 27.05% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 15.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UAA. Fairfax Financial Holdings Ltd. Can increased its holdings in shares of Under Armour by 564.8% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock worth $208,536,000 after acquiring an additional 35,647,123 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Under Armour by 17.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,531,173 shares of the company’s stock worth $50,416,000 after purchasing an additional 1,285,384 shares during the period. State Street Corp lifted its holdings in shares of Under Armour by 27.8% during the 2nd quarter. State Street Corp now owns 7,682,658 shares of the company’s stock valued at $49,092,000 after purchasing an additional 1,669,312 shares in the last quarter. Jupiter Asset Management Ltd. lifted its holdings in shares of Under Armour by 51.8% during the 4th quarter. Jupiter Asset Management Ltd. now owns 4,374,367 shares of the company’s stock valued at $21,741,000 after purchasing an additional 1,493,327 shares in the last quarter. Finally, Deltroit Asset Management UK LLP acquired a new position in shares of Under Armour in the 4th quarter valued at approximately $9,909,000. 34.58% of the stock is currently owned by institutional investors.

Under Armour Price Performance

Shares of NYSE:UAA opened at $4.74 on Friday. Under Armour has a 1-year low of $4.13 and a 1-year high of $8.15. The company has a current ratio of 1.81, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $5.79 and its 200-day moving average is $5.96. The firm has a market capitalization of $2.03 billion, a PE ratio of -4.12, a PEG ratio of 1.76 and a beta of 1.62.

Under Armour (NYSE:UAA) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the prior year, the company posted $0.02 EPS. The business’s revenue was down 3.2% on a year-over-year basis. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030–0.010 EPS. Sell-side analysts predict that Under Armour will post 0.11 earnings per share for the current year.

About Under Armour

Under Armour, Inc develops, markets and distributes performance apparel, footwear and accessories for athletes and active consumers. Its products are designed for a range of sports and activities and include training and team apparel, athletic shoes, sports bras, outerwear, hats, bags and other accessories. The company markets products under the Under Armour brand, including HeatGear, ColdGear and other performance-oriented product lines.

Founded in 1996 by Kevin Plank, Under Armour initially gained recognition for moisture-wicking performance shirts before expanding into a broader athletic apparel and footwear business.