Under Armour (NYSE:UAA) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Under Armour, Inc. (NYSE:UAA)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.34 and traded as low as $5.23. Under Armour shares last traded at $5.40, with a volume of 7,447,074 shares.

Analyst Upgrades and Downgrades

UAA has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $6.00 price objective on Under Armour and gave the company a “hold” rating in a report on Tuesday, May 12th. UBS Group set a $9.00 price objective on shares of Under Armour and gave the company a “buy” rating in a report on Monday, August 10th. Zacks Research lowered shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Truist Financial upped their price target on Under Armour from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Monday, August 10th. Finally, Barclays downgraded Under Armour from an “equal weight” rating to an “underweight” rating and set a $5.00 target price on the stock. in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Under Armour currently has a consensus rating of “Reduce” and a consensus price target of $5.94.

Under Armour Trading Up 1.9%

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 firm’s fifty day simple moving average is $6.34 and its 200-day simple moving average is $6.31. The stock has a market cap of $2.32 billion, a P/E ratio of -4.70, a price-to-earnings-growth ratio of 1.93 and a beta of 1.67.

Under Armour (NYSE:UAA) last released its quarterly earnings results on Friday, August 7th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. Under Armour had a positive return on equity of 4.04% and a negative net margin of 9.99%.Under Armour’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 EPS. 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. Equities research analysts expect that Under Armour, Inc. will post 0.11 EPS for the current fiscal year.

Insider Activity

In related news, CFO Reza Taleghani acquired 18,656 shares of the stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $5.37 per share, for a total transaction of $100,182.72. Following the transaction, the chief financial officer owned 87,621 shares in the company, valued at $470,524.77. This represents a 27.05% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 15.70% of the company’s stock.

Hedge Funds Weigh In On Under Armour

A number of institutional investors have recently bought and sold shares of UAA. Blair William & Co. IL lifted its position in Under Armour by 40.0% during the fourth quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after buying an additional 1,476 shares during the period. State of Wyoming bought a new stake in shares of Under Armour during the 2nd quarter valued at $44,000. Hantz Financial Services Inc. raised its stake in Under Armour by 202.7% during the 4th quarter. Hantz Financial Services Inc. now owns 8,455 shares of the company’s stock worth $42,000 after acquiring an additional 5,662 shares during the period. Equitable Holdings Inc. purchased a new stake in shares of Under Armour during the fourth quarter worth about $51,000. Finally, Florida Financial Advisors LLC purchased a new position in shares of Under Armour during the second quarter valued at about $72,000. 34.58% of the stock is owned by institutional investors.

Under Armour Company Profile

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.