Top attractive stock of the week – Under Armour Inc. (UAA)

Under Armour Inc. (NYSE: UAA) is -55.23% lower on its value in year-to-date trading and has touched a low of $7.15 and a high of $21.96 in the current 52-week trading range. The UAA stock was last observed hovering at around $9.67 in the last trading session, with the day’s gains setting it 0.26% off its average median price target of $10.00 for the next 12 months. It is also 37.94% off the consensus price target high of $16.00 offered by 34 analysts, but current levels are -98.6% lower than the price target low of $5.00 for the same period.


5 Stocks to make up the PERFECT 2021 gold portfolio

Gold bugs are shouting from the rooftops in excitement, but that doesn’t mean you rush out and just buy any gold stock…That’s why we laid out The 2021 Ultimate Gold Portfolio – to dissect the treasure from the trash.

Click here to download your free report right away

Sponsored


Currently trading at $9.93, the stock is -3.55% and -0.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.63 million and changing 2.69% at the moment leaves the stock -29.99% off its SMA200. UAA registered -55.17% loss for a year compared to 6-month loss of -52.32%. The firm has a 50-day simple moving average (SMA 50) of $10.04 and a 200-day simple moving average (SMA200) of $11.69.

The stock witnessed a 0.94% gain in the last 1 month and extending the period to 3 months gives it a -0.21%, and is -13.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.52% over the week and 5.48% over the month.

Under Armour Inc. (UAA) has around 7000 employees, a market worth around $4.51B and $4.99B in sales. Fwd P/E is 95.74. Profit margin for the company is -10.40%. Distance from 52-week low is 38.88% and -54.78% from its 52-week high. The company has generated returns on investments over the last 12 months (6.10%).

Under Armour Inc. (UAA) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Under Armour Inc. (UAA) is a “Hold”. 34 analysts offering their recommendations for the stock have an average rating of 3.00, where 25 rate it as a Hold and 1 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.

Under Armour Inc. is expected to release its quarterly report on 10/21/2020 and quarterly earnings per share for the current quarter are estimated at $0.05 with sales reaching $1.16B over the same period.The EPS is expected to shrink by -244.10% this year, but quarterly earnings will post -25.80% year-over-year. Quarterly sales are estimated to shrink -19.00% in year-over-year returns.

Under Armour Inc. (UAA) Top Institutional Holders

610 institutions hold shares in Under Armour Inc. (UAA), with 1.5M shares held by insiders accounting for 0.33% while institutional investors hold 92.64% of the company’s shares. The shares outstanding are 452.87M, and float is at 381.65M with Short Float at 6.17%. Institutions hold 92.33% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 21.16 million shares valued at $194.87 million. The investor’s holdings represent 11.23% of the UAA Shares outstanding. As of Mar 30, 2020, the second largest holder is Lone Pine Capital, LLC with 17.43 million shares valued at $160.55 million to account for 9.25% of the shares outstanding. The other top investors are Adage Capital Partners GP L.L.C. which holds 14.03 million shares representing 7.45% and valued at over $129.26 million, while Blackrock Inc. holds 6.60% of the shares totaling 12.44 million with a market value of $114.56 million.

Under Armour Inc. (UAA) Insider Activity

A total of 3 insider transactions have happened at Under Armour Inc. (UAA) in the last six months, with sales accounting for 2 and purchases happening 1 times.

Under Armour Inc. (UAA): Who are the competitors?

The company’s main competitors (and peers) include Skechers U.S.A. Inc. (SKX) that is trading -17.08% down over the past 12 months. Guess’ Inc. (GES) is -32.24% down on the 1-year trading charts. Short interest in the company’s stock has fallen -6.07% from the last report on Jun 14, 2020 to stand at a total of 24.97 million short shares sold with a short interest ratio of 3.33.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free