Under Armour (NYSE:UAA) Rating Lowered to Hold at Zacks Research

Under Armour (NYSE:UAA) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other brokerages have also issued reports on UAA. The Goldman Sachs Group restated a “neutral” rating and set a $6.00 target price on shares of Under Armour in a research report on Wednesday. Telsey Advisory Group decreased their target price on shares of Under Armour from $6.00 to $5.50 and set a “market perform” rating on the stock in a research report on Wednesday. Stifel Nicolaus set a $6.00 target price on shares of Under Armour and gave the stock a “hold” rating in a research report on Tuesday. UBS Group restated a “buy” rating and set a $11.00 target price on shares of Under Armour in a research report on Monday, February 9th. Finally, Argus upgraded shares of Under Armour to a “hold” rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $5.98.

Under Armour Stock Up 1.7%

UAA stock opened at $5.12 on Tuesday. The company’s 50 day simple moving average is $6.20 and its 200-day simple moving average is $5.73. The firm has a market capitalization of $2.18 billion, a PE ratio of -4.41, a P/E/G ratio of 2.00 and a beta of 1.73. Under Armour has a 12 month low of $4.13 and a 12 month high of $8.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.62 and a quick ratio of 0.92.

Under Armour (NYSE:UAA) last announced its earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). Under Armour had a negative net margin of 9.98% and a positive return on equity of 3.01%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the business earned ($0.08) earnings per share. Under Armour’s revenue was down .8% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. Equities analysts expect that Under Armour will post 0.22 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Under Armour

A number of hedge funds have recently made changes to their positions in the stock. Sei Investments Co. acquired a new position in shares of Under Armour in the 1st quarter valued at $1,206,000. Group One Trading LLC boosted its holdings in shares of Under Armour by 378.3% in the 1st quarter. Group One Trading LLC now owns 1,568,227 shares of the company’s stock valued at $9,268,000 after purchasing an additional 2,131,642 shares during the last quarter. Lido Advisors LLC acquired a new position in shares of Under Armour in the 1st quarter valued at $215,000. Cetera Investment Advisers boosted its holdings in shares of Under Armour by 17.2% in the 1st quarter. Cetera Investment Advisers now owns 59,921 shares of the company’s stock valued at $354,000 after purchasing an additional 8,776 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Under Armour by 20.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 18,878 shares of the company’s stock valued at $112,000 after purchasing an additional 3,166 shares during the last quarter. Institutional investors and hedge funds own 34.58% of the company’s stock.

Under Armour News Roundup

Here are the key news stories impacting Under Armour this week:

• Positive Sentiment: Q4 adjusted EPS of $(0.03) matched Wall Street expectations, and revenue of $1.17 billion also came in line with estimates, showing results were not worse than feared.
• Positive Sentiment: International markets and direct-to-consumer sales helped offset softer North American demand, suggesting some parts of the business are still growing.
• Positive Sentiment: Jim Cramer said he thinks the turnaround is underway, which may help sentiment around the stock. Jim Cramer on Under Armour: “I Think the Turnaround Is Here”
• Neutral Sentiment: Several analysts cut price targets after the results, including BNP Paribas Exane to $5.00, Truist to $5.00, and Telsey to $5.50, reflecting a more cautious view but not a major change in ratings.
• Neutral Sentiment: The company’s first-quarter fiscal 2027 EPS guidance of $0.00 to $0.02 was roughly in line with expectations, but it was too modest to offset concerns about sales momentum.
• Negative Sentiment: Investors reacted to declining revenue, with Q4 sales down 0.8% year over year and management forecasting a drop in annual revenue, signaling that the turnaround is still incomplete. Under Armour forecasts a drop in annual sales
• Negative Sentiment: Higher costs and weaker North American sales weighed on margins and earnings, prompting headlines that the stock fell sharply after the report. Under Armour’s stock tumbles as surging costs eat away at earnings

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.