Is Under Armour Inc (NYSE: UAA) Back In The Buying Zone?

Currently, there are 188.70M common shares owned by the public and among those 188.40M shares have been available to trade.

The company’s stock has a 5-day price change of 2.24% and -18.32% over the past three months. UAA shares are trading -16.84% year to date (YTD), with the 12-month market performance down to -21.31% lower. It has a 12-month low price of $6.29 and touched a high of $9.59 over the same period. UAA has an average intraday trading volume of 7.23 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.26%, -7.89%, and -5.09% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Under Armour Inc (NYSE: UAA) shares accounts for 34.75% of the company’s 188.70M shares outstanding.

It has a market capitalization of $3.18B and a beta (3y monthly) value of 1.65. The stock’s trailing 12-month PE ratio is 8.21, while the earnings-per-share (ttm) stands at $0.89. The company has a PEG of 0.97 and a Quick Ratio of 1.38 with the debt-to-equity ratio at 0.68. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.53% over the week and 3.11% over the month.

Analysts forecast that Under Armour Inc (UAA) will achieve an EPS of $0.08 for the current quarter, $0.04 for the next quarter and $0.6 for 2025. The lowest estimate earnings-per-share for the quarter is $0.06 while analysts give the company a high EPS estimate of $0.14. Comparatively, EPS for the current quarter was $0.18 a year ago. Earnings per share for the fiscal year are expected to decrease by -9.52%, and 13.03% over the next financial year.

Evercore ISI coverage for the Under Armour Inc (UAA) stock in a research note released on March 14, 2024 offered a Underperform rating with a price target of $7. Truist was of a view on November 17, 2023 that the stock is Hold, while Evercore ISI gave the stock In-line rating on November 07, 2023, issuing a price target of $8. Wells Fargo on their part issued Equal Weight rating on June 23, 2023.

Most Popular

Related Posts