Under Armour Inc (NYSE: UA) is -0.36% lower on its value in year-to-date trading and has touched a low of $6.02 and a high of $10.62 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 $8.57 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $8.32, the stock is -1.12% and 2.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing -2.92% at the moment leaves the stock 13.77% off its SMA200. UA registered 13.51% gain for a year compared to 6-month gain of 23.26%. The firm has a 50-day simple moving average (SMA 50) of $8.153 and a 200-day simple moving average (SMA200) of $7.2894.
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The stock witnessed a 0.60% loss in the last 1 month and extending the period to 3 months gives it a 3.61%, and is -5.35% 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 4.00% over the week and 4.63% over the month.
Under Armour Inc (UA) has around 15000 employees, a market worth around $3.78B and $5.40B in sales. Fwd P/E is 20.78. Profit margin for the company is -0.27%. Distance from 52-week low is 38.21% and -21.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.45%).
The EPS is expected to shrink by -49.37% this year
418.0 institutions hold shares in Under Armour Inc (UA), with institutional investors hold 84.82% of the company’s shares. The shares outstanding are 212.71M, and float is at 123.30M with Short Float at 6.37%. Institutions hold 77.06% 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
The most recent transaction is an insider sale by Shadman Mehri, the company’s Chief Legal Officer. SEC filings show that Shadman Mehri sold 17,240 shares of the company’s common stock on Nov 15 ’24 at a price of $8.76 per share for a total of $0.15 million. Following the sale, the insider now owns 0.18 million shares.
Under Armour Inc disclosed in a document filed with the SEC on Nov 18 ’24 that Shadman Mehri (Chief Legal Officer) sold a total of 9,639 shares of the company’s common stock. The trade occurred on Nov 18 ’24 and was made at $8.81 per share for $84901.0. Following the transaction, the insider now directly holds 0.17 million shares of the UA stock.
Still, SEC filings show that on Nov 18 ’24, Shadman Mehri (Officer) Proposed Sale 9,639 shares at an average price of $8.81 for $84902.0. The insider now directly holds shares of Under Armour Inc (UA).
