Under Armour Inc. (NYSE:UAA) finished Thursday with a subtraction of -$0.31 to close at $7.75, a downside of -3.85 percent. An average of 5,701,620 shares of common stock have been traded in the last five days. There was a fall of -$0.69 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 5,851,060 shares traded, while the 50-day average volume stands at 6,364,378.
UAA stock has decreased by -13.79% in the last month. The company shares reached their 1-month lowest point of $7.74 on 09/22/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $8.02 and a high of $27.28 in 52 weeks. It has reached a new high 2 times so far this year and lost -63.43% or -$13.44 in price. In spite of this, the price is down -71.59% from the 52-week high.
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Under Armour Inc. (UAA) has a trailing price-to-earnings (P/E) ratio of 21.65. The stock’s beta is 1.34. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.58, the price-to-book (PB) ratio at 2.06, and the price-to-cash flow ratio at 15.84.
The quick ratio of Under Armour Inc. for the three months ended March 30 was 1.40, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.39 and a total debt to equity ratio of 0.39 for the quarter ending March 30. Its gross profit as reported stood at $2.86 billion compared to revenue of $5.68 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Under Armour Inc.’s return on assets was 3.60%.
The analyst consensus anticipated Under Armour Inc.’s latest quarter earnings to come in at $0.06 per share, but it turned out to be -$0.01, a -116.70% surprise. For the quarter, EBITDA amounted to $69.35 million. Shareholders own equity worth $455.24 million.
From a technical analysis perspective, let’s take a brief look at Under Armour Inc. (UAA) price momentum. RSI 9-day as of the close on 22 September was 29.60%, suggesting the stock is oversold, with historical volatility in this time frame at 44.12%.
As of today, UAA’s price is $8.20 -8.18% or -$0.69 from its 5-day moving average. UAA is currently trading -13.98% lower than its 20-day SMA and -49.54% lower than its 100-day SMA. However, the stock’s current price level is -9.14% below the SMA50 and -67.68% below the SMA200.
The stochastic %K and %D were 7.65% and 19.86%, respectively, and the average true range (ATR) was 0.37. With the 14-day stochastic at 0.48% and the average true range at 0.38, the RSI (14) stands at 34.49%. The stock has reached -0.41 on the 9-day MACD Oscillator while the 14-day reading was at -0.47.
Robert W. Baird downgraded Under Armour Inc. (NYSE: UAA) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Under Armour Inc. (UAA) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell UAA, while 14 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 11 others rate it as a “buy”.
What is UAA’s price target for the next 12 months?
Analysts predict a range of price targets between $7.00 and $34.00, with a median target of $11.70. Taking a look at these predictions, the average price target given by analysts for Under Armour Inc. (UAA) stock is $13.15.