Under Armour Inc (UAA) down -7.96% since start of the year

Under Armour Inc (NYSE: UAA) is -7.96% lower on its value in year-to-date trading and has touched a low of $6.29 and a high of $11.44 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 $7.71 in the last trading session, with the day’s gains setting it 0.38%.

Currently trading at $8.09, the stock is 5.01% and -1.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.03 million and changing 4.93% at the moment leaves the stock 5.57% off its SMA200. UAA registered -27.90% loss for a year compared to 6-month gain of 1.63%. The firm has a 50-day simple moving average (SMA 50) of $0.68 and a 200-day simple moving average (SMA200) of $10.11.

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The stock witnessed a -3.35% loss in the last 1 month and extending the period to 3 months gives it a 9.03%, and is 4.39% up 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 5.33% over the week and 4.18% over the month.

Current P/E ratio is 9.08 and Fwd P/E is 13.53. Profit margin for the company is 7.00%. Distance from 52-week low is 28.62% and -29.28% from its 52-week high. The company has generated returns on investments over the last 12 months (11.77%).

Under Armour Inc quarterly earnings per share for the current quarter are estimated at $0.09 with sales reaching $1.34B over the same period.The EPS is expected to shrink by -10.51% this year, but quarterly earnings will post -3.20% year-over-year. Quarterly sales are estimated to shrink -4.50% in year-over-year returns.

Under Armour Inc (UAA) Top Institutional Holders

491 institutions hold shares in Under Armour Inc (UAA), with institutional investors hold 80.66% of the company’s shares. The shares outstanding are 188.70M, and float is at 188.39M with Short Float at 9.04%. Institutions hold 80.45% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 16.93 million shares valued at $122.22 million. The investor’s holdings represent 8.97% of the UAA Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 16.86 million shares valued at $121.76 million to account for 8.94% of the shares outstanding. The other top investors are State Street Corporation which holds 10.62 million shares representing 5.63% and valued at over $76.69 million, while Disciplined Growth Investors, Inc. holds 2.74% of the shares totaling 5.17 million with a market value of $37.32 million.

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 Plank Kevin A ,the company’sExec. Chair & Brand Chief. SEC filings show that Plank Kevin A sold 16,000,000 shares of the company’s common stock on May 31 at a price of $6.13 per share for a total of $98.08 million. Following the sale, the insider now owns 0.0 shares.

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

The company’s main competitors (and peers) include Nike Inc. Cl B (NKE) that is trading -16.50% down over the past 12 months.