Under Armour, Inc. (NYSE:UAA – Free Report) – Equities researchers at Seaport Res Ptn dropped their FY2026 earnings estimates for Under Armour in a research note issued on Monday, November 4th. Seaport Res Ptn analyst M. Kummetz now expects that the company will post earnings per share of $0.23 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.
Other equities research analysts have also issued reports about the stock. Truist Financial lifted their price target on shares of Under Armour from $7.00 to $8.00 and gave the company a “hold” rating in a research note on Friday, August 9th. UBS Group lifted their price target on shares of Under Armour from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. TD Cowen lifted their price target on shares of Under Armour from $7.00 to $8.00 and gave the company a “hold” rating in a research note on Monday. Wedbush lifted their price target on shares of Under Armour from $8.00 to $8.50 and gave the company an “outperform” rating in a research note on Friday, August 9th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $8.00 price target on shares of Under Armour in a research note on Monday. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $7.94.
Under Armour Trading Down 1.2 %
Shares of NYSE:UAA opened at $8.75 on Thursday. Under Armour has a 12 month low of $6.17 and a 12 month high of $9.58. 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’s fifty day simple moving average is $8.37 and its 200 day simple moving average is $7.47. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of -48.61, a PEG ratio of 4.02 and a beta of 1.66.
Under Armour (NYSE:UAA – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.09. Under Armour had a negative net margin of 1.35% and a positive return on equity of 11.98%. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the business posted $0.02 earnings per share. The firm’s quarterly revenue was down 10.1% on a year-over-year basis.
Institutional Trading of Under Armour
Several hedge funds and other institutional investors have recently modified their holdings of UAA. Allspring Global Investments Holdings LLC bought a new stake in shares of Under Armour during the 3rd quarter worth about $56,000. Optas LLC bought a new stake in shares of Under Armour during the 2nd quarter worth about $72,000. CWM LLC boosted its holdings in shares of Under Armour by 20.7% during the 3rd quarter. CWM LLC now owns 8,211 shares of the company’s stock worth $73,000 after buying an additional 1,409 shares during the period. Koss Olinger Consulting LLC bought a new stake in shares of Under Armour during the 2nd quarter worth about $79,000. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of Under Armour during the 2nd quarter worth about $80,000. Institutional investors own 34.58% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Under Armour
- What Are Dividend Challengers?
- Fiserv Is Up 50% This Year and Can Go Another 50% Higher
- Differences Between Momentum Investing and Long Term Investing
- Monster Beverage Is a Scary Good Deal at Current Levels
- What is Insider Trading? What You Can Learn from Insider Trading
- 2 Online Educational Platforms Staging a Turnaround
Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.