Under Armour (NYSE:UAA) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Shares of Under Armour, Inc. (NYSE:UAA) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.43 and traded as low as $6.26. Under Armour shares last traded at $6.2850, with a volume of 5,895,151 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Argus upgraded shares of Under Armour to a “hold” rating in a research note on Friday, January 16th. The Goldman Sachs Group restated a “neutral” rating and issued a $7.00 target price (up from $5.50) on shares of Under Armour in a research note on Monday, February 9th. UBS Group restated a “buy” rating and issued a $11.00 target price on shares of Under Armour in a research note on Monday, February 9th. Wall Street Zen upgraded shares of Under Armour from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Truist Financial set a $6.00 target price on shares of Under Armour in a research note on Wednesday, January 14th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Under Armour has an average rating of “Hold” and an average target price of $6.91.

Under Armour Stock Down 0.1%

The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of -5.15, a PEG ratio of 2.45 and a beta of 1.73. The firm’s fifty day moving average is $6.43 and its 200-day moving average is $5.66. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 0.92.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.11. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.08 earnings per share. Under Armour has set its FY 2026 guidance at 0.100-0.110 EPS. On average, sell-side analysts predict that Under Armour, Inc. will post 0.11 earnings per share for the current year.

Institutional Trading of Under Armour

Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its holdings in Under Armour by 395.3% in the third quarter. SG Americas Securities LLC now owns 747,130 shares of the company’s stock valued at $3,728,000 after acquiring an additional 596,294 shares in the last quarter. Jupiter Asset Management Ltd. raised its holdings in shares of Under Armour by 21.1% during the third quarter. Jupiter Asset Management Ltd. now owns 2,881,040 shares of the company’s stock worth $14,376,000 after purchasing an additional 501,527 shares during the period. Capula Management Ltd acquired a new stake in shares of Under Armour during the third quarter worth $3,887,000. Maven Securities LTD raised its holdings in shares of Under Armour by 207.5% during the third quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock worth $2,265,000 after purchasing an additional 306,254 shares during the period. Finally, Ovata Capital Management Ltd acquired a new stake in shares of Under Armour during the third quarter worth $6,980,000. 34.58% of the stock is 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.