Seaport Res Ptn Reduces Earnings Estimates for Under Armour

Under Armour, Inc. (NYSE:UAA) – Research analysts at Seaport Res Ptn cut their FY2026 EPS estimates for shares of Under Armour in a note issued to investors on Monday, November 4th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $0.23 per share for the year, down from their prior forecast of $0.24. The consensus estimate for Under Armour’s current full-year earnings is $0.22 per share.

UAA has been the subject of a number of other research reports. Truist Financial upped their price target on shares of Under Armour from $7.00 to $8.00 and gave the stock a “hold” rating in a report on Friday, August 9th. UBS Group upped their price target on shares of Under Armour from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Stifel Nicolaus upped their price target on shares of Under Armour from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Barclays upped their price target on shares of Under Armour from $6.00 to $8.00 and gave the stock an “equal weight” rating in a report on Friday, August 9th. Finally, TD Cowen upped their price target on shares of Under Armour from $7.00 to $8.00 and gave the stock a “hold” rating in a report on Monday. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $7.94.

Under Armour Stock Performance

NYSE UAA opened at $8.75 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.73 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $3.78 billion, a P/E ratio of -48.61, a P/E/G ratio of 4.02 and a beta of 1.66. Under Armour has a 12-month low of $6.17 and a 12-month high of $9.58. The firm has a 50-day moving average price of $8.37 and a two-hundred day moving average price of $7.47.

Under Armour (NYSE:UAA) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.09. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.14 billion. Under Armour had a negative net margin of 1.35% and a positive return on equity of 11.98%. The business’s revenue for the quarter was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.02 EPS.

Hedge Funds Weigh In On Under Armour

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. KBC Group NV boosted its stake in shares of Under Armour by 39.6% in the 3rd quarter. KBC Group NV now owns 10,659 shares of the company’s stock valued at $95,000 after purchasing an additional 3,024 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Under Armour by 268.1% in the 3rd quarter. Venturi Wealth Management LLC now owns 11,672 shares of the company’s stock valued at $104,000 after purchasing an additional 8,501 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Under Armour in the 3rd quarter valued at $343,000. Baker Avenue Asset Management LP bought a new stake in shares of Under Armour in the 3rd quarter valued at $92,000. Finally, Optas LLC boosted its stake in shares of Under Armour by 149.5% in the 3rd quarter. Optas LLC now owns 27,035 shares of the company’s stock valued at $241,000 after purchasing an additional 16,198 shares during the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.

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.