Under Armour Inc (NYSE: UA) is -11.38% lower on its value in year-to-date trading and has touched a low of $5.86 and a high of $8.99 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 UA stock was last observed hovering at around $7.60 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $7.40, the stock is -0.85% and 2.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.8 million and changing -2.63% at the moment leaves the stock 2.46% off its SMA200. UA registered 16.17% gain for a year compared to 6-month gain of 7.40%.
The stock witnessed a -7.85% loss in the last 1 month and extending the period to 3 months gives it a 6.47%, and is -0.54% 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 3.80% over the week and 4.31% over the month.
Under Armour Inc (UA) has around 15000 employees, a market worth around $3.20B and $5.57B in sales. Fwd P/E is 20.76. Profit margin for the company is -1.35%. Distance from 52-week low is 26.28% and -17.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.48%).
The EPS is expected to shrink by -59.29% this year.
Under Armour Inc (UA) Top Institutional Holders
403.0 institutions hold shares in Under Armour Inc (UA), with institutional investors hold 86.21% of the company’s shares. The shares outstanding are 212.71M, and float is at 123.39M with Short Float at 8.66%. Institutions hold 78.32% of the Float.
The top institutional shareholder in the company is BDT CAPITAL PARTNERS, LLC with over 59.84 million shares valued at $390.74 million. The investor’s holdings represent 13.4915% of the UA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.86 million shares valued at $129.7 million to account for 4.4784 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 16.89 million shares representing 3.807% and valued at over $110.26 million, while DIMENSIONAL FUND ADVISORS LP holds 2.5004 of the shares totaling 11.09 million with a market value of $72.41 million.
Under Armour Inc (UA) Insider Activity
#####
