Citigroup Issues Pessimistic Forecast for Under Armour (NYSE:UAA) Stock Price

Under Armour (NYSE:UAA) had its target price decreased by investment analysts at Citigroup from $5.50 to $5.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 4.91% from the stock’s current price.

UAA has been the subject of a number of other reports. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. BTIG Research started coverage on Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating on the stock. UBS Group reduced their price target on shares of Under Armour from $8.00 to $7.50 and set a “buy” rating on the stock in a research report on Monday, August 11th. Rothschild & Co Redburn reissued a “neutral” rating and issued a $6.00 price target (down from $7.00) on shares of Under Armour in a research note on Monday, September 15th. Finally, Bank of America dropped their price objective on shares of Under Armour from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 11th. Three research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $6.67.

Under Armour Stock Performance

Under Armour stock opened at $4.77 on Tuesday. Under Armour has a fifty-two week low of $4.72 and a fifty-two week high of $11.89. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.93 and a current ratio of 1.53. The stock has a market cap of $2.04 billion, a P/E ratio of 21.66, a price-to-earnings-growth ratio of 4.06 and a beta of 1.76. The firm’s fifty day moving average price is $4.96 and its 200-day moving average price is $5.90.

Under Armour (NYSE:UAA) last released its earnings results on Friday, August 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Under Armour had a net margin of 1.99% and a return on equity of 7.24%. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the company earned $0.01 EPS. The firm’s revenue was down 4.2% compared to the same quarter last year. Under Armour has set its Q2 2026 guidance at 0.010-0.020 EPS. On average, equities research analysts expect that Under Armour will post 0.3 earnings per share for the current fiscal year.

Insider Activity at Under Armour

In other Under Armour news, Director Dawn N. Fitzpatrick purchased 100,000 shares of the stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average cost of $4.93 per share, with a total value of $493,000.00. Following the completion of the acquisition, the director directly owned 133,696 shares in the company, valued at $659,121.28. This trade represents a 296.77% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert John Sweeney acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were acquired at an average cost of $4.88 per share, for a total transaction of $488,000.00. Following the completion of the transaction, 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. Insiders purchased a total of 202,045 shares of company stock worth $991,000 over the last ninety days. 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 bought and sold shares of UAA. Parallel Advisors LLC grew its stake in shares of Under Armour by 620.7% in the second quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock worth $27,000 after acquiring an additional 3,352 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in Under Armour by 583.0% in 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. UMB Bank n.a. grew its position in Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock worth $29,000 after purchasing an additional 2,405 shares during the period. Twin Tree Management LP purchased a new stake in Under Armour during the 1st quarter valued at $44,000. Finally, Neo Ivy Capital Management purchased a new stake in Under Armour during the 2nd quarter valued at $44,000. Institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing 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.