Brokerages Set Under Armour, Inc. (NYSE:UAA) PT at $6.58

Shares of Under Armour, Inc. (NYSE:UAA) have been given an average recommendation of “Reduce” by the twenty-five ratings firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $6.5824.

Several research analysts have recently commented on UAA shares. Telsey Advisory Group set a $5.00 price objective on shares of Under Armour in a research note on Friday, November 14th. Robert W. Baird dropped their price target on shares of Under Armour from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Monday, August 11th. BTIG Research began coverage on Under Armour in a research report on Tuesday, October 14th. They set a “neutral” rating on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Under Armour in a report on Monday. Finally, Wall Street Zen downgraded Under Armour from a “hold” rating to a “sell” rating in a report on Saturday, November 8th.

Under Armour Stock Performance

NYSE UAA opened at $4.64 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.53 and a quick ratio of 0.93. The stock’s 50 day simple moving average is $4.71 and its 200-day simple moving average is $5.71. The company has a market cap of $1.99 billion, a PE ratio of 21.07, a price-to-earnings-growth ratio of 3.85 and a beta of 1.86. Under Armour has a 1-year low of $4.13 and a 1-year high of $10.53.

Under Armour (NYSE:UAA) last issued its quarterly 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 return on equity of 7.24% and a net margin of 1.99%.The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the business earned $0.39 earnings per share. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. As a group, equities research analysts anticipate that Under Armour will post 0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in UAA. Fuller & Thaler Asset Management Inc. grew its holdings in Under Armour by 17.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,494,339 shares of the company’s stock worth $40,590,000 after acquiring an additional 965,404 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Under Armour by 113.8% during the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after purchasing an additional 3,351,976 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Under Armour by 9.2% during the second quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock worth $40,780,000 after purchasing an additional 504,912 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Under Armour by 4.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,047,630 shares of the company’s stock valued at $31,548,000 after buying an additional 231,990 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its stake in Under Armour by 17.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,997,850 shares of the company’s stock valued at $24,987,000 after buying an additional 586,183 shares in the last quarter. Hedge funds and other institutional investors own 34.58% of the company’s stock.

About Under Armour

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.