Under Armour (NYSE:UAA – Get Free Report) had its price target cut by stock analysts at Truist Financial from $8.00 to $5.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s price objective indicates a potential downside of 3.10% from the stock’s current price.
Several other research analysts have also commented on UAA. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a research report on Friday, April 24th. Stifel Nicolaus set a $6.00 target price on Under Armour and gave the company a “hold” rating in a research note on Tuesday. Robert W. Baird set a $8.00 target price on Under Armour in a research note on Monday, February 9th. UBS Group reiterated a “buy” rating and issued a $11.00 target price on shares of Under Armour in a research note on Monday, February 9th. Finally, Citigroup reiterated a “sell” rating on shares of Under Armour in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $6.28.
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Under Armour Stock Performance
Under Armour (NYSE:UAA – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. Under Armour had a positive return on equity of 1.48% and a negative net margin of 10.44%.The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.08) earnings per share. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. As a group, sell-side analysts predict that Under Armour will post 0.12 earnings per share for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of UAA. Blair William & Co. IL grew its stake in shares of Under Armour by 40.0% in the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Under Armour by 202.7% in the fourth quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after buying an additional 5,662 shares in the last quarter. State of Wyoming purchased a new stake in shares of Under Armour in the second quarter valued at approximately $44,000. Uhlmann Price Securities LLC purchased a new stake in shares of Under Armour in the third quarter valued at approximately $46,000. Finally, LRI Investments LLC purchased a new stake in shares of Under Armour in the third quarter valued at approximately $50,000. 34.58% of the stock is currently owned by hedge funds and other institutional investors.
More Under Armour News
Here are the key news stories impacting Under Armour this week:
- Positive Sentiment: Under Armour reported quarterly EPS of $0.03 loss, matching expectations, and revenue of $1.17 billion also came in line with estimates, while international and direct-to-consumer growth helped offset weaker North America performance. Article Title
- Neutral Sentiment: The company outlined a “brand reset” and margin-improvement initiatives, suggesting management is focused on stabilizing the business, but investors are waiting for evidence that these efforts can improve results. Article Title
- Neutral Sentiment: Under Armour also announced a small R&D collaboration with Persona AI to explore performance materials for humanoid robotics, which is interesting strategically but unlikely to move the stock in the near term. Article Title
- Negative Sentiment: Management’s initial FY2027 outlook was well below Wall Street expectations, with EPS guidance of $0.08 to $0.12 versus a much higher consensus estimate, reinforcing worries about weaker profitability ahead. Article Title
- Negative Sentiment: Several reports highlighted that rising costs, declining North American sales, and a forecast for lower annual revenue are the main reasons investors are selling the stock. Article Title
- Negative Sentiment: Telsey Advisory Group cut its price target on Under Armour to $5.50 from $6.00 and kept a market perform rating, signaling limited near-term upside despite the recent pullback. Negative Sentiment:
Under Armour Company Profile
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.
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