Under Armour, Inc. (NYSE:UAA – Free Report) – Equities researchers at Seaport Res Ptn boosted their FY2025 EPS estimates for shares of Under Armour in a note issued to investors on Thursday, February 6th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings of $0.30 per share for the year, up from their previous estimate of $0.27. The consensus estimate for Under Armour’s current full-year earnings is $0.29 per share. Seaport Res Ptn also issued estimates for Under Armour’s FY2026 earnings at $0.34 EPS and FY2027 earnings at $0.42 EPS.
Several other brokerages have also commented on UAA. Truist Financial increased their price objective on Under Armour from $8.00 to $11.00 and gave the company a “hold” rating in a research report on Friday, November 8th. UBS Group decreased their target price on Under Armour from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday, January 28th. Barclays dropped their target price on shares of Under Armour from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Monday. Argus lowered Under Armour from a “buy” rating to a “hold” rating in a report on Thursday, January 16th. Finally, TD Cowen boosted their price objective on Under Armour from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $9.09.
Under Armour Stock Down 0.2 %
Shares of NYSE UAA opened at $7.29 on Monday. The company has a market cap of $3.15 billion, a P/E ratio of -25.12 and a beta of 1.69. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 0.30. The business has a 50-day simple moving average of $8.57 and a two-hundred day simple moving average of $8.48. Under Armour has a 52 week low of $6.17 and a 52 week high of $11.89.
Under Armour (NYSE:UAA – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Under Armour had a negative net margin of 2.39% and a positive return on equity of 11.03%. During the same period in the previous year, the business earned $0.19 earnings per share.
Insider Activity at Under Armour
In other news, CFO David Bergman sold 30,000 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $9.09, for a total transaction of $272,700.00. Following the sale, the chief financial officer now owns 494,210 shares in the company, valued at approximately $4,492,368.90. This represents a 5.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mehri Shadman sold 17,240 shares of Under Armour stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $8.76, for a total transaction of $151,022.40. Following the sale, the insider now owns 182,538 shares of the company’s stock, valued at approximately $1,599,032.88. This represents a 8.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 56,879 shares of company stock valued at $508,642 over the last 90 days. 15.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Under Armour
Large investors have recently bought and sold shares of the company. Handelsbanken Fonder AB increased its stake in shares of Under Armour by 21.1% in the third quarter. Handelsbanken Fonder AB now owns 52,700 shares of the company’s stock valued at $470,000 after buying an additional 9,200 shares during the period. CWM LLC increased its holdings in Under Armour by 20.7% during the third 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 last quarter. City State Bank increased its stake in shares of Under Armour by 292.6% in the third quarter. City State Bank now owns 10,063 shares of the company’s stock worth $90,000 after purchasing an additional 7,500 shares in the last quarter. Creative Planning grew its holdings in Under Armour by 28.0% during the 3rd quarter. Creative Planning now owns 21,457 shares of the company’s stock valued at $191,000 after buying an additional 4,695 shares in the last quarter. Finally, nVerses Capital LLC bought a new stake in Under Armour during the third quarter valued at $276,000. Institutional investors and hedge funds 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.
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