Under Armour (NYSE:UAA) Issues Quarterly Earnings Results

Under Armour (NYSE:UAAGet Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03), Briefing.com reports. Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter last year, the company posted ($0.08) EPS. The firm’s revenue was down .8% compared to the same quarter last year. Under Armour updated its FY 2027 guidance to 0.080-0.120 EPS and its Q1 2027 guidance to 0.000-0.020 EPS.

Under Armour Trading Up 0.9%

Under Armour stock traded up $0.05 during trading on Thursday, reaching $5.16. The company had a trading volume of 3,053,541 shares, compared to its average volume of 10,438,249. The firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of -4.44, a PEG ratio of 2.00 and a beta of 1.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.62. Under Armour has a 12-month low of $4.13 and a 12-month high of $8.15. The stock’s 50 day moving average price is $6.20 and its two-hundred day moving average price is $5.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UAA. Marshall Wace LLP increased its stake 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 worth $31,420,000 after buying an additional 3,351,976 shares during the last quarter. State Street Corp increased its stake 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 worth $30,408,000 after buying an additional 489,044 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Under Armour by 11.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,457,700 shares of the company’s stock worth $27,125,000 after buying an additional 577,845 shares during the last quarter. Whitebox Advisors LLC bought a new stake in shares of Under Armour in the third quarter worth $11,237,000. Finally, Fort Baker Capital Management LP bought a new stake in shares of Under Armour in the third quarter worth $8,624,000. 34.58% of the stock is owned by institutional investors and hedge funds.

More Under Armour News

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Wall Street Analyst Weigh In

UAA has been the subject of several analyst reports. Citigroup reiterated a “sell” rating and set a $4.75 price target (down from $6.20) on shares of Under Armour in a report on Wednesday. Truist Financial decreased their price target on shares of Under Armour from $8.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday. Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Argus upgraded shares of Under Armour to a “hold” rating in a research report on Friday, January 16th. Finally, UBS Group reiterated a “buy” rating and issued a $10.00 price target on shares of Under Armour in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $5.91.

View Our Latest Stock Report on Under Armour

Under Armour Company Profile

(Get Free Report)

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.

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Earnings History for Under Armour (NYSE:UAA)

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