Under Armour (NYSE:UAA) Shares Up 6.6% – What’s Next?

Under Armour, Inc. (NYSE:UAA) shot up 6.6% during mid-day trading on Tuesday . The company traded as high as $7.68 and last traded at $7.6630. 5,493,145 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 13,373,720 shares. The stock had previously closed at $7.19.

Analyst Upgrades and Downgrades

UAA has been the subject of a number of research reports. Zacks Research cut Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. William Blair upgraded shares of Under Armour to a “hold” rating in a research note on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Under Armour in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Barclays set a $8.00 target price on shares of Under Armour and gave the stock an “equal weight” rating in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fifteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Under Armour has a consensus rating of “Hold” and a consensus target price of $6.94.

Under Armour Price Performance

The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of -6.34, a price-to-earnings-growth ratio of 5.72 and a beta of 1.83. The company’s 50 day moving average is $5.64 and its 200 day moving average is $5.17.

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

Insiders Place Their Bets

In other Under Armour news, major shareholder V Prem Et Al Watsa acquired 1,112,119 shares of the stock in a transaction on Wednesday, January 28th. The shares were bought at an average cost of $6.21 per share, with a total value of $6,906,258.99. Following the transaction, the insider owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. This trade represents a 2.65% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have acquired 42,448,155 shares of company stock worth $219,067,338. 15.60% of the stock is owned by corporate insiders.

Institutional Trading of Under Armour

Hedge funds have recently added to or reduced their stakes in the stock. Blair William & Co. IL increased its holdings in shares of Under Armour by 40.0% in the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares during the period. Panagora Asset Management Inc. grew its position in Under Armour by 11.3% in the 2nd quarter. Panagora Asset Management Inc. now owns 23,973 shares of the company’s stock valued at $164,000 after buying an additional 2,440 shares during the last quarter. HUB Investment Partners LLC increased its stake in Under Armour by 12.9% in the 2nd quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock valued at $149,000 after buying an additional 2,489 shares during the period. M&T Bank Corp raised its position in Under Armour by 23.2% during the 2nd quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock worth $91,000 after buying an additional 2,504 shares during the last quarter. Finally, Nuveen LLC lifted its stake in shares of Under Armour by 1.1% in the 4th quarter. Nuveen LLC now owns 241,677 shares of the company’s stock worth $1,201,000 after acquiring an additional 2,541 shares during the period. 34.58% of the stock is owned by institutional investors and hedge funds.

Under Armour Company Profile

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.