Under Armour, Inc. (NYSE:UAA – Get Free Report)’s stock price dropped 6.1% during trading on Monday . The stock traded as low as $5.69 and last traded at $5.7350. Approximately 1,465,084 shares were traded during trading, a decline of 85% from the average daily volume of 9,598,761 shares. The stock had previously closed at $6.11.

A number of equities analysts have recently commented on UAA shares. Citigroup restated a “sell” rating and issued a $4.75 price objective (down from $6.20) on shares of Under Armour in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “neutral” rating and set a $6.00 target price on shares of Under Armour in a research report on Wednesday, May 13th. Stifel Nicolaus set a $6.00 price target on shares of Under Armour and gave the company a “hold” rating in a report on Tuesday, May 12th. Wall Street Zen raised shares of Under Armour from a “sell” rating to a “hold” rating in a research report on Sunday, May 24th. Finally, Zacks Research downgraded shares of Under Armour from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $5.90.

View Our Latest Analysis on UAA

The firm has a market cap of $2.39 billion, a price-to-earnings ratio of -4.88, a price-to-earnings-growth ratio of 2.12 and a beta of 1.67. The company has a quick ratio of 0.96, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The business has a 50 day moving average price of $6.41 and a 200-day moving average price of $6.37.

Under Armour (NYSE:UAA – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. Under Armour’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter last year, the company earned $0.02 earnings per share. 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. As a group, research analysts expect that Under Armour, Inc. will post 0.11 EPS for the current fiscal year.

In other news, major shareholder V Prem Et Al Watsa acquired 739,521 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average price of $4.97 per share, for a total transaction of $3,675,419.37. Following the acquisition, the insider directly owned 44,179,116 shares of the company’s stock, valued at $219,570,206.52. This represents a 1.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have acquired 1,178,344 shares of company stock worth $5,865,147. Insiders own 15.70% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Blair William & Co. IL raised its position in shares of Under Armour by 40.0% in the 4th quarter. Blair William & Co. IL now owns 5,164 shares of the company’s stock valued at $26,000 after purchasing an additional 1,476 shares in the last quarter. Vident Advisory LLC increased its stake in shares of Under Armour by 13.6% in the fourth quarter. Vident Advisory LLC now owns 12,651 shares of the company’s stock worth $63,000 after buying an additional 1,512 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Under Armour by 9.4% in the first quarter. NewEdge Advisors LLC now owns 23,908 shares of the company’s stock worth $141,000 after buying an additional 2,061 shares during the last quarter. HUB Investment Partners LLC raised its holdings in Under Armour by 12.9% in the second quarter. HUB Investment Partners LLC now owns 21,810 shares of the company’s stock valued at $149,000 after acquiring an additional 2,489 shares in the last quarter. Finally, M&T Bank Corp raised its holdings in Under Armour by 23.2% in the second quarter. M&T Bank Corp now owns 13,296 shares of the company’s stock valued at $91,000 after acquiring an additional 2,504 shares in the last quarter. Hedge funds and other institutional investors own 34.58% of the company’s stock.

(Get Free Report)

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.

• Five stocks we like better than Under Armour
• 3 Dividend Champion Utilities for a Market That Can’t Sit Still
• These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
• First Solar’s Profit Engine Faces a New Policy Test in Washington
• 5 Stocks the Market Rewarded After Strong Earnings Results

Receive News & Ratings for Under Armour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Under Armour and related companies with MarketBeat.com's FREE daily email newsletter.

WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – What’s Next?