Under Armour’s (UAA) “Market Perform” Rating Reiterated at Telsey Advisory Group

Under Armour (NYSE:UAAGet Free Report)‘s stock had its “market perform” rating reiterated by stock analysts at Telsey Advisory Group in a research note issued to investors on Friday,Benzinga reports. They presently have a $5.00 price objective on the stock. Telsey Advisory Group’s target price would suggest a potential upside of 9.53% from the stock’s current price.

UAA has been the subject of a number of other reports. Cfra Research upgraded Under Armour from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, August 12th. Rothschild Redb downgraded Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Robert W. Baird cut their price objective on Under Armour from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $6.00 target price (down from $7.00) on shares of Under Armour in a report on Monday, September 15th. Finally, UBS Group reduced their target price on shares of Under Armour from $8.00 to $7.50 and set a “buy” rating for the company in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Under Armour has an average rating of “Reduce” and a consensus target price of $6.58.

Read Our Latest Stock Analysis on UAA

Under Armour Stock Performance

Under Armour stock traded up $0.02 during mid-day trading on Friday, hitting $4.57. 3,697,855 shares of the company’s stock traded hands, compared to its average volume of 12,653,082. The firm has a 50 day moving average price of $4.86 and a 200 day moving average price of $5.84. The company has a market cap of $1.96 billion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 3.85 and a beta of 1.86. The company has a quick ratio of 0.93, a current ratio of 1.53 and a debt-to-equity ratio of 0.21. Under Armour has a one year low of $4.35 and a one year high of $11.08.

Under Armour (NYSE:UAAGet Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Under Armour had a net margin of 1.99% and a return on equity of 7.24%. Under Armour’s revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. On average, equities analysts forecast that Under Armour will post 0.3 EPS for the current year.

Insider Transactions at Under Armour

In other news, Director Dawn N. Fitzpatrick bought 100,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $4.93 per share, for a total transaction of $493,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company’s stock, valued at $659,121.28. This trade represents a 296.77% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert John Sweeney bought 100,000 shares of Under Armour stock in a transaction on Thursday, August 21st. The stock was acquired at an average price of $4.88 per share, with a total value of $488,000.00. Following the completion of the purchase, the director directly owned 133,696 shares of the company’s stock, valued at approximately $652,436.48. The trade was a 296.77% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 202,045 shares of company stock worth $991,000 in the last quarter. 15.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Parallel Advisors LLC boosted its stake in shares of Under Armour by 620.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,892 shares of the company’s stock worth $27,000 after acquiring an additional 3,352 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of Under Armour by 583.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after purchasing an additional 3,498 shares during the last quarter. UMB Bank n.a. grew its holdings in Under Armour by 133.8% in the 2nd quarter. UMB Bank n.a. now owns 4,203 shares of the company’s stock valued at $29,000 after buying an additional 2,405 shares during the last quarter. Twin Tree Management LP acquired a new position in shares of Under Armour during the first quarter worth approximately $44,000. Finally, Neo Ivy Capital Management bought a new stake in shares of Under Armour in the second quarter valued at approximately $44,000. Institutional investors own 34.58% of the company’s stock.

Under Armour Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Under Armour (NYSE:UAA)

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