Under Armour Inc (UA) Stock Could Soon Reward Patient Investors

Under Armour Inc (NYSE: UA) is 0.72% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UA stock was last observed hovering at around $8.20 in the last trading session, with the day’s gains setting it 0.21%.

Currently trading at $8.41, the stock is 13.46% and 15.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.46 million and changing 2.56% at the moment leaves the stock 16.49% off its SMA200. UA registered 40.87% gain for a year compared to 6-month gain of 17.79%. The firm has a 50-day simple moving average (SMA 50) of $7.3328 and a 200-day simple moving average (SMA200) of $7.17425.

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The stock witnessed a 11.39% loss in the last 1 month and extending the period to 3 months gives it a 28.79%, and is 10.66% 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 3.98% over the week and 4.36% over the month.

Under Armour Inc (UA) has around 15000 employees, a market worth around $3.63B and $5.57B in sales. Fwd P/E is 23.60. Profit margin for the company is -1.35%. Distance from 52-week low is 43.52% and -6.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.48%).

with sales reaching $1.38B over the same period.The EPS is expected to shrink by -59.29% this year, but quarterly earnings will post -10.50% year-over-year.

Under Armour Inc (UA) Top Institutional Holders

402.0 institutions hold shares in Under Armour Inc (UA), with institutional investors hold 86.20% of the company’s shares. The shares outstanding are 212.71M, and float is at 123.39M with Short Float at 8.78%. Institutions hold 78.31% 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.