Brokerages Set Under Armour, Inc. (NYSE:UAA) Price Target at $6.91

Shares of Under Armour, Inc. (NYSE:UAA) have received a consensus rating of “Hold” from the twenty-two research firms that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $6.9133.

A number of research firms recently commented on UAA. Barclays set a $8.00 price objective on shares of Under Armour and gave the stock an “equal weight” rating in a report on Monday, February 9th. Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Truist Financial set a $6.00 price target on Under Armour in a research note on Wednesday, January 14th. Argus upgraded Under Armour to a “hold” rating in a report on Friday, January 16th. Finally, Guggenheim raised Under Armour to a “strong-buy” rating in a research note on Wednesday, December 10th.

Insiders Place Their Bets

In other news, major shareholder V Prem Et Al Watsa purchased 1,112,119 shares of the company’s stock in a transaction dated Wednesday, January 28th. The stock was acquired at an average price of $6.21 per share, for a total transaction of $6,906,258.99. Following the completion of the transaction, the insider directly owned 43,000,872 shares in the company, valued at $267,035,415.12. This represents a 2.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Insiders acquired a total of 13,583,722 shares of company stock valued at $80,555,375 over the last quarter. 15.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Under Armour

Several institutional investors and hedge funds have recently made changes to their positions in UAA. Fairfax Financial Holdings Ltd. Can increased its holdings in Under Armour by 564.8% during the 4th quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock valued at $208,536,000 after acquiring an additional 35,647,123 shares in the last quarter. Vanguard Group Inc. raised its position in Under Armour by 11.3% during the fourth quarter. Vanguard Group Inc. now owns 17,168,819 shares of the company’s stock worth $85,329,000 after acquiring an additional 1,747,120 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Under Armour by 113.8% in the third quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock valued at $31,420,000 after purchasing an additional 3,351,976 shares in the last quarter. State Street Corp lifted its holdings in shares of Under Armour by 8.7% in the fourth quarter. State Street Corp now owns 6,118,339 shares of the company’s stock valued at $30,408,000 after purchasing an additional 489,044 shares in the last quarter. Finally, American Century Companies Inc. grew its position in shares of Under Armour by 9.2% in the second quarter. American Century Companies Inc. now owns 5,970,726 shares of the company’s stock valued at $40,780,000 after purchasing an additional 504,912 shares during the last quarter. 34.58% of the stock is currently owned by hedge funds and other institutional investors.

Under Armour Trading Up 0.2%

NYSE:UAA opened at $5.63 on Friday. Under Armour has a 1 year low of $4.13 and a 1 year high of $8.15. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.43. The stock has a fifty day moving average price of $6.66 and a two-hundred day moving average price of $5.49. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of -4.62, a PEG ratio of 2.18 and a beta of 1.81.

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

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.