Under Armour (NYSE:UA) Releases Earnings Results, Beats Estimates By $0.02 EPS

Under Armour (NYSE:UA) posted its quarterly earnings results on Thursday. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02, Zacks reports. Under Armour had a return on equity of 7.24% and a net margin of 1.99%.The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Under Armour updated its FY 2026 guidance to 0.030-0.050 EPS.

Under Armour Price Performance

Under Armour stock traded up $0.03 during trading hours on Friday, hitting $4.37. The stock had a trading volume of 777,710 shares, compared to its average volume of 4,287,238. Under Armour has a 1-year low of $4.18 and a 1-year high of $9.82. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 19.84 and a beta of 1.77. The stock’s fifty day moving average is $4.72 and its two-hundred day moving average is $5.58. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Under Armour in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Under Armour has a consensus rating of “Sell”.

Insider Activity

In other Under Armour news, Director Robert John Sweeney acquired 100,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average cost of $4.88 per share, with a total value of $488,000.00. Following the purchase, the director owned 133,696 shares in the company, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Dawn N. Fitzpatrick bought 100,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were acquired at an average price of $4.93 per share, with a total value of $493,000.00. Following the transaction, the director 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 disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 202,045 shares of company stock worth $991,000 over the last quarter. Insiders own 15.60% of the company’s stock.

Institutional Investors Weigh In On Under Armour

A number of large investors have recently bought and sold shares of the stock. Corient Private Wealth LLC raised its holdings in shares of Under Armour by 99.8% in the second quarter. Corient Private Wealth LLC now owns 2,005,844 shares of the company’s stock worth $13,018,000 after acquiring an additional 1,002,037 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Under Armour by 34.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company’s stock worth $2,310,000 after purchasing an additional 99,402 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Under Armour by 54.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 359,077 shares of the company’s stock valued at $2,330,000 after purchasing an additional 127,152 shares during the last quarter. Balyasny Asset Management L.P. raised its stake in Under Armour by 608.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 249,659 shares of the company’s stock valued at $1,620,000 after purchasing an additional 214,439 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in Under Armour by 16.5% in the 2nd quarter. Quantinno Capital Management LP now owns 184,882 shares of the company’s stock valued at $1,200,000 after purchasing an additional 26,217 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

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.