Under Armour Inc. (NYSE: UAA) is -15.55% lower on its value in year-to-date trading and has touched a low of $6.38 and a high of $18.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UAA stock was last observed hovering at around $8.07 in the last trading session, with the day’s gains setting it 0.51% off its average median price target of $12.45 for the next 12 months. It is also 46.38% off the consensus price target high of $16.00 offered by 30 analysts, but current levels are 14.2% higher than the price target low of $10.00 for the same period.
Currently trading at $8.58, the stock is -10.79% and -20.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.81 million and changing 6.32% at the moment leaves the stock -8.12% off its SMA200. UAA registered -46.77% loss for a year compared to 6-month gain of -1.04%.
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The stock witnessed a -19.74% loss in the last 1 month and extending the period to 3 months gives it a -18.60%, and is -7.04% 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 5.04% over the week and 3.94% over the month.
Under Armour Inc. (UAA) has around 7100 employees, a market worth around $3.72B and $5.81B in sales. Current P/E ratio is 25.09 and Fwd P/E is 13.84. Profit margin for the company is 2.70%. Distance from 52-week low is 34.48% and -52.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.30%).
Under Armour Inc. (UAA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Under Armour Inc. (UAA) is a “Overweight”. 30 analysts offering their recommendations for the stock have an average rating of 2.40, where 15 rate it as a Hold and 2 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Under Armour Inc. is expected to release its quarterly report on 05/09/2023.The EPS is expected to shrink by -116.50% this year
Under Armour Inc. (UAA) Top Institutional Holders
The shares outstanding are 448.83M, and float is at 381.36M with Short Float at 7.31%.
Under Armour Inc. (UAA) Insider Activity
A total of 0 insider transactions have happened at Under Armour Inc. (UAA) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Rocker Tchernavia, the company’s Chief Administrative Officer. SEC filings show that Rocker Tchernavia sold 69,823 shares of the company’s common stock on Feb 10 at a price of $9.32 per share for a total of $0.65 million. Following the sale, the insider now owns 0.26 million shares.
Under Armour Inc. disclosed in a document filed with the SEC on May 31 that Gibbs David W (Director) bought a total of 25,000 shares of the company’s common stock. The trade occurred on May 31 and was made at $9.60 per share for $0.24 million. Following the transaction, the insider now directly holds 50000.0 shares of the UAA stock.
Still, SEC filings show that on May 27, Gibbs David W (Director) acquired 25,000 shares at an average price of $9.39 for $0.23 million. The insider now directly holds 25,000 shares of Under Armour Inc. (UAA).
Under Armour Inc. (UAA): Who are the competitors?
The company’s main competitors (and peers) include NIKE Inc. (NKE) that is trading 1.05% up over the past 12 months. Lululemon Athletica Inc. (LULU) is 2.58% up on the 1-year trading charts.
