Under Armour FY2026 EPS Estimate Lowered by Seaport Res Ptn

Under Armour, Inc. (NYSE:UAA - Free Report) - Seaport Res Ptn reduced their FY2026 earnings per share (EPS) estimates for shares of Under Armour in a note issued to investors on Monday, November 4th. Seaport Res Ptn analyst M. Kummetz now anticipates that the company will post earnings of $0.23 per share for the year, down from their previous forecast of $0.24. The consensus estimate for Under Armour's current full-year earnings is $0.22 per share.

Under Armour (NYSE:UAA - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.09. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.14 billion. Under Armour had a positive return on equity of 11.98% and a negative net margin of 1.35%. Under Armour's revenue was down 10.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.02 EPS.

Several other research analysts have also recently weighed in on the stock. Morgan Stanley cut shares of Under Armour from an "equal weight" rating to an "underweight" rating and dropped their price objective for the stock from $8.00 to $4.00 in a research report on Tuesday, July 23rd. Truist Financial boosted their price objective on shares of Under Armour from $7.00 to $8.00 and gave the stock a "hold" rating in a research report on Friday, August 9th. Argus upgraded shares of Under Armour to a "strong-buy" rating in a research report on Thursday, August 15th. Wedbush upped their target price on shares of Under Armour from $8.00 to $8.50 and gave the company an "outperform" rating in a research report on Friday, August 9th. Finally, Barclays upped their target price on shares of Under Armour from $6.00 to $8.00 and gave the company an "equal weight" rating in a research report on Friday, August 9th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Under Armour has a consensus rating of "Hold" and an average price target of $7.94.

Under Armour Price Performance

Shares of UAA traded up $2.80 on Thursday, hitting $11.55. The company's stock had a trading volume of 26,491,633 shares, compared to its average volume of 10,129,496. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.73 and a quick ratio of 1.08. The company has a 50 day moving average price of $8.37 and a 200 day moving average price of $7.47. Under Armour has a fifty-two week low of $6.17 and a fifty-two week high of $11.89. The company has a market capitalization of $4.99 billion, a PE ratio of -60.28, a PEG ratio of 4.02 and a beta of 1.66.

Hedge Funds Weigh In On Under Armour

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jupiter Asset Management Ltd. acquired a new position in Under Armour in the 1st quarter worth $8,944,000. Disciplined Growth Investors Inc. MN boosted its stake in shares of Under Armour by 1.3% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 5,412,643 shares of the company's stock worth $36,102,000 after buying an additional 70,731 shares during the last quarter. Texas Permanent School Fund Corp boosted its stake in shares of Under Armour by 1.1% during the 1st quarter. Texas Permanent School Fund Corp now owns 164,760 shares of the company's stock worth $1,216,000 after buying an additional 1,746 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Under Armour by 24.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 89,941 shares of the company's stock worth $664,000 after buying an additional 17,399 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. acquired a new position in shares of Under Armour during the 3rd quarter worth about $576,000. 34.58% of the stock is owned by institutional investors and hedge funds.

Under Armour Company Profile

Under Armour, Inc, together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.