Key Points
- Under Armour CFO Reza Taleghani bought 18,656 shares at an average price of $5.37, investing $100,182.72 and increasing his stake by 27.05% to 87,621 shares.
- Under Armour’s latest quarterly results exceeded earnings expectations, with EPS of $0.05 versus the $0.02 consensus, but revenue fell 3.2% year over year to $1.10 billion.
- Shares opened at $5.24, while analysts maintain a broadly cautious view: the stock has a consensus “Reduce” rating and an average price target of $5.94.
Under Armour, Inc. (NYSE:UAA - Get Free Report) CFO Reza Taleghani acquired 18,656 shares of the company's stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $5.37 per share, for a total transaction of $100,182.72. Following the acquisition, the chief financial officer owned 87,621 shares in the company, valued at approximately $470,524.77. This trade represents a 27.05% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Under Armour Stock Down 1.9%
Shares of UAA opened at $5.24 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.96 and a current ratio of 1.81. The company has a 50-day simple moving average of $6.41 and a 200-day simple moving average of $6.35. Under Armour, Inc. has a 52 week low of $4.13 and a 52 week high of $8.15. The firm has a market capitalization of $2.23 billion, a P/E ratio of -4.56, a P/E/G ratio of 1.86 and a beta of 1.67.
Under Armour (NYSE:UAA - Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period last year, the business earned $0.02 earnings per share. The firm's revenue for the quarter was down 3.2% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q2 2027 guidance at -0.030--0.010 EPS. On average, equities research analysts expect that Under Armour, Inc. will post 0.11 earnings per share for the current year.
Hedge Funds Weigh In On Under Armour
Several institutional investors have recently added to or reduced their stakes in UAA. Royal Bank of Canada increased its holdings in shares of Under Armour by 5.3% during the first quarter. Royal Bank of Canada now owns 1,158,649 shares of the company's stock worth $7,242,000 after buying an additional 58,701 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Under Armour by 33.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 328,746 shares of the company's stock worth $2,055,000 after acquiring an additional 81,732 shares during the last quarter. United Services Automobile Association acquired a new stake in Under Armour during the 1st quarter valued at $83,000. Creative Planning increased its holdings in Under Armour by 70.8% during the 2nd quarter. Creative Planning now owns 30,457 shares of the company's stock valued at $208,000 after purchasing an additional 12,620 shares in the last quarter. Finally, Prudential Financial Inc. raised its position in Under Armour by 27.0% in the 2nd quarter. Prudential Financial Inc. now owns 22,191 shares of the company's stock valued at $152,000 after purchasing an additional 4,718 shares during the last quarter. 34.58% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Telsey Advisory Group cut their target price on Under Armour from $6.00 to $5.50 and set a "market perform" rating for the company in a research note on Wednesday, May 13th. Barclays lowered shares of Under Armour from an "equal weight" rating to an "underweight" rating and set a $5.00 price target on the stock. in a report on Tuesday. The Goldman Sachs Group restated a "neutral" rating and issued a $6.00 price objective on shares of Under Armour in a research note on Wednesday, May 13th. Truist Financial raised their price objective on shares of Under Armour from $5.00 to $6.00 and gave the stock a "hold" rating in a report on Monday. Finally, Citigroup reissued a "sell" rating and issued a $4.75 price target (down from $6.20) on shares of Under Armour in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $5.94.
View Our Latest Stock Analysis on UAA
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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