Under Armour (NYSE:UAA) Raised to “Hold” at Wall Street Zen

by · The Cerbat Gem

Under Armour (NYSE:UAA – Get Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

UAA has been the subject of several other research reports. BTIG Research started coverage on shares of Under Armour in a research report on Tuesday, October 14th. They issued a “neutral” rating for the company. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $6.00 target price (down previously from $7.00) on shares of Under Armour in a research report on Monday, September 15th. Weiss Ratings reissued a “sell (e+)” rating on shares of Under Armour in a research report on Monday, December 8th. Telsey Advisory Group set a $5.00 price objective on Under Armour in a research report on Friday, November 14th. Finally, Citigroup reduced their target price on shares of Under Armour from $5.50 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $6.43.

Get Our Latest Stock Analysis on Under Armour

Under Armour Trading Down 2.3%

Shares of NYSE UAA opened at $4.32 on Friday. Under Armour has a twelve month low of $4.13 and a twelve month high of $9.63. The company has a quick ratio of 1.10, a current ratio of 1.69 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $4.61 and a two-hundred day simple moving average of $5.52. The firm has a market cap of $1.85 billion, a PE ratio of -20.57, a price-to-earnings-growth ratio of 4.35 and a beta of 1.83.

Under Armour (NYSE:UAA – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. Under Armour had a positive return on equity of 1.27% and a negative net margin of 1.74%.The firm 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 company posted $0.39 earnings per share. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. Under Armour has set its Q3 2026 guidance at 0.030-0.050 EPS. Analysts expect that Under Armour will post 0.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Under Armour

Large investors have recently modified their holdings of the business. Ovata Capital Management Ltd purchased a new position in shares of Under Armour in the 3rd quarter valued at approximately $6,980,000. Maven Securities LTD raised its holdings in shares of Under Armour by 207.5% in the third quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock worth $2,265,000 after buying an additional 306,254 shares during the last quarter. Advisory Services Network LLC lifted its stake in shares of Under Armour by 77.2% during the third quarter. Advisory Services Network LLC now owns 22,031 shares of the company’s stock worth $110,000 after buying an additional 9,596 shares during the period. PharVision Advisers LLC purchased a new stake in shares of Under Armour during the third quarter valued at $97,000. Finally, Dark Forest Capital Management LP acquired a new position in shares of Under Armour in the 3rd quarter valued at $1,178,000. Hedge funds and other institutional investors own 34.58% of the company’s stock.

About Under Armour

(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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