Under Armour (NYSE:UAA) Stock Price Down 6.8% – Time to Sell?

Under Armour, Inc. (NYSE:UAA) traded down 6.8% during trading on Monday . The stock traded as low as $6.10 and last traded at $6.14. 4,971,323 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 11,978,847 shares. The stock had previously closed at $6.59.

Analyst Ratings Changes

Several analysts have commented on UAA shares. Truist Financial set a $6.00 target price on shares of Under Armour in a research note on Wednesday, January 14th. Telsey Advisory Group reissued a “market perform” rating and set a $6.00 price target (up from $5.00) on shares of Under Armour in a research report on Friday, February 6th. Citigroup lowered shares of Under Armour from a “neutral” rating to a “sell” rating and set a $6.20 target price for the company. in a research note on Tuesday, February 10th. UBS Group reiterated a “buy” rating and issued a $11.00 price objective on shares of Under Armour in a research report on Monday, February 9th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $7.00 target price (up from $5.50) on shares of Under Armour in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $6.91.

Under Armour Price Performance

The stock has a market cap of $2.69 billion, a price-to-earnings ratio of -5.20, a price-to-earnings-growth ratio of 4.89 and a beta of 1.76. The company’s 50-day moving average is $6.47 and its 200-day moving average is $5.34. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 0.27.

Under Armour (NYSE:UAA) last announced its earnings results on Friday, February 6th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.11. Under Armour had a negative net margin of 10.44% and a positive return on equity of 1.48%. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted $0.08 earnings per share. The company’s revenue was down 5.2% on a year-over-year basis. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. Equities research analysts expect that Under Armour, Inc. will post 0.3 earnings per share for the current fiscal year.

Insider Activity

In other Under Armour news, major shareholder V Prem Et Al Watsa bought 1,112,119 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were acquired at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the acquisition, the insider owned 43,000,872 shares of the company’s stock, valued at $267,035,415.12. The trade was a 2.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have bought 42,448,155 shares of company stock valued at $219,067,338. 15.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Under Armour

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Blair William & Co. IL grew its stake in shares of Under Armour by 40.0% during the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock worth $26,000 after buying an additional 1,476 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in Under Armour by 583.0% during the second quarter. Laurel Wealth Advisors LLC now owns 4,098 shares of the company’s stock worth $28,000 after buying an additional 3,498 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Under Armour by 202.7% during the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock valued at $42,000 after purchasing an additional 5,662 shares in the last quarter. Neo Ivy Capital Management bought a new stake in shares of Under Armour in the 2nd quarter valued at $44,000. Finally, State of Wyoming bought a new position in shares of Under Armour during the 2nd quarter worth about $44,000. 34.58% of the stock is currently owned by institutional investors.

About Under Armour

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.