Under Armour (NYSE:UAA) Stock Price Down 6.8% – Should You Sell?

Under Armour, Inc. (NYSE:UAA) shares traded down 6.8% during trading on Monday . The company traded as low as $6.10 and last traded at $6.14. 4,971,323 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 11,978,847 shares. The stock had previously closed at $6.59.

Wall Street Analyst Weigh In

UAA has been the topic of several recent analyst reports. Telsey Advisory Group restated a “market perform” rating and issued a $6.00 target price (up from $5.00) on shares of Under Armour in a report on Friday, February 6th. Wall Street Zen upgraded Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Argus raised Under Armour to a “hold” rating in a research report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Under Armour in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $6.91.

Under Armour Price Performance

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 firm has a 50-day moving average price of $6.47 and a 200-day moving average price of $5.34. The stock has a market cap of $2.69 billion, a P/E ratio of -5.20, a price-to-earnings-growth ratio of 4.89 and a beta of 1.76.

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

Insiders Place Their Bets

In other Under Armour 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 shares were acquired at an average price of $6.21 per share, for a total transaction of $6,906,258.99. Following the completion of the purchase, the insider owned 43,000,872 shares of the company’s stock, valued at approximately $267,035,415.12. The trade was a 2.65% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have purchased 42,448,155 shares of company stock valued at $219,067,338 in the last three months. 15.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Under Armour

A number of hedge funds have recently modified their holdings of the business. Fairfax Financial Holdings Ltd. Can grew its position in Under Armour by 564.8% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 41,958,923 shares of the company’s stock worth $208,536,000 after acquiring an additional 35,647,123 shares during the period. Marshall Wace LLP raised its position in shares of Under Armour by 113.8% during the 3rd quarter. Marshall Wace LLP now owns 6,296,543 shares of the company’s stock worth $31,420,000 after acquiring an additional 3,351,976 shares in the last quarter. Whitebox Advisors LLC acquired a new position in Under Armour in the third quarter valued at $11,237,000. Deltroit Asset Management UK LLP acquired a new stake in shares of Under Armour in the fourth quarter valued at approximately $9,909,000. Finally, Vanguard Group Inc. grew its holdings in shares of 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 buying an additional 1,747,120 shares during the last quarter. 34.58% of the stock is currently owned by institutional investors and hedge funds.

About Under Armour

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.