Seaport Res Ptn Analysts Lower Earnings Estimates for Under Armour, Inc. (NYSE:UAA)

Under Armour, Inc. (NYSE:UAA) – Seaport Res Ptn dropped their FY2026 earnings per share (EPS) estimates for Under Armour in a research report issued to clients and investors on Monday, May 6th. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings per share of $0.64 for the year, down from their previous forecast of $0.65. The consensus estimate for Under Armour’s current full-year earnings is $0.52 per share.

Under Armour (NYSE:UAA) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.08. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. Under Armour had a net margin of 6.98% and a return on equity of 13.85%. The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 earnings per share.

Several other brokerages also recently weighed in on UAA. Evercore ISI reaffirmed an “underperform” rating and set a $7.00 target price (down from $8.00) on shares of Under Armour in a research note on Thursday, March 14th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $9.00 price target on shares of Under Armour in a research note on Thursday, March 14th. Citigroup decreased their target price on Under Armour from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Tuesday. TheStreet upgraded Under Armour from a “d+” rating to a “c-” rating in a report on Thursday, February 8th. Finally, BNP Paribas reissued a “neutral” rating on shares of Under Armour in a research note on Thursday, March 14th. One research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to MarketBeat.com, Under Armour currently has a consensus rating of “Hold” and an average price target of $8.05.

Under Armour Trading Down 1.0 %

UAA stock opened at $6.64 on Thursday. The company has a quick ratio of 1.38, a current ratio of 2.13 and a debt-to-equity ratio of 0.27. Under Armour has a 52-week low of $6.29 and a 52-week high of $9.50. The company’s 50-day simple moving average is $7.23 and its 200-day simple moving average is $7.73. The firm has a market cap of $2.89 billion, a P/E ratio of 7.38, a PEG ratio of 1.15 and a beta of 1.63.

Hedge Funds Weigh In On Under Armour

Several large investors have recently modified their holdings of the business. Commonwealth Equity Services LLC raised its stake in shares of Under Armour by 5.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 88,113 shares of the company’s stock valued at $604,000 after acquiring an additional 4,418 shares during the period. Xponance Inc. increased its position in shares of Under Armour by 15.0% during the third quarter. Xponance Inc. now owns 26,456 shares of the company’s stock worth $181,000 after acquiring an additional 3,457 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Under Armour by 25.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 85,806 shares of the company’s stock valued at $588,000 after acquiring an additional 17,672 shares in the last quarter. Strs Ohio grew its stake in Under Armour by 9.6% during the 3rd quarter. Strs Ohio now owns 137,283 shares of the company’s stock worth $940,000 after purchasing an additional 12,012 shares in the last quarter. Finally, Signaturefd LLC raised its position in Under Armour by 119.2% in the 3rd quarter. Signaturefd LLC now owns 4,090 shares of the company’s stock valued at $28,000 after purchasing an additional 2,224 shares in the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

About Under Armour

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.