The stock of Under Armour Inc. (NYSE:UAA) decreased by $0.0 on Friday to finish at $7.84, down -0.06 percent. The last five days have seen an average of 7,171,256 shares of common stock traded. 13 times new highs were reached in the current year, with a fall of -$2.34. The average number of shares traded over the last 20 days was 6,587,454, while the average volume over the last 50 days totaled 6,431,813.
UAA stock appreciated 2.96% since last month. On 07/17/23, the company’s shares reached a one-month low of $7.43. The stock touched a high of $13.05 on 02/02/23, after rallying from a low of $6.38 in 52 weeks. The price of UAA stock has declined by -22.88% or -$2.34 this year, reaching a new high 13 times. Still, the stock price is down -39.94% from the 52-week high.
Insider Transactions
UAA stock investors should be aware that Under Armour Inc. (UAA) stock had its last reported insider trading activity 75 days ago on May 31. On May 31, Exec. Chair & Brand Chief Plank Kevin A sold 16,000,000 shares at $6.13 each. This transaction resulted in the insider making $98,080,000. On Feb 10, Rocker Tchernavia sold 69,823 shares at a price of US$9.32. After the transaction, the insider now owns 260,291 shares.
Valuation Metrics
Under Armour Inc. (UAA) has a trailing price-to-earnings (P/E) ratio of 9.26. Beta for the stock is 1.62. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.57, the price-to-book (PB) ratio of 1.74.
Financial Health
For the three months ended June 29, Under Armour Inc.’s quick ratio was 1.10, while its current ratio was 2.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.30, and the total debt to equity ratio is 0.34. As far as profitability goes, gross margin for the trailing twelve months is 44.70% percent. Under Armour Inc.’s EBITDA margin for the year ended June 29 was 6.43%, whereas its operating margin stood at 4.60% for the same period. Based on annual data, it had gross profit of $2.65 billion and revenue of $5.9 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. UAA’s return on assets (ROA) during the last 12 months has been 8.00%. There was a 14.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 20.30%.
Earnings Surprise
According to Under Armour Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Under Armour Inc.’s quarterly earnings would be $0.02, but it ended up being -$0.02. EBITDA was $57.65 million for the quarter. At the end of Under Armour Inc.’s most recent quarter ended June 29, its liabilities totaled 2.86 billion, while its total debt was $1.49 billion. Equity owned by shareholders amounts to $445.34 million.
Technical Picture
Here’s a quick look at Under Armour Inc.’s (UAA) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 48.90%, suggesting the stock is Neutral, with a 23.47% historical volatility rate.
The stochastic %K and %D were 44.49% and 40.99% respectively, while the average true range (ATR) was 0.26. Based on the 14-day stochastic reading of 37.10%, the RSI (14) reading is 50.21%. On the 9-day MACD Oscillator, the stock is at 0.07, and the 14-day reading is at 0.01.
Analyst Ratings
Under Armour Inc. (NYSE: UAA) was downgraded by Wells Fargo to a an Equal weight rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned Under Armour Inc. (UAA) an Overweight rating. UAA is a stock that is recommended for selling by 0 brokerage firms, while 14 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 12 others recommend it as a buy.
What is UAA’s price target for the next 12 months?
The current consensus forecast for the stock is between $7.00 and $15.00, with a median target price of $9.50. In analyzing these forecasts, the average price target given by analysts for Under Armour Inc. (UAA) is $10.05.
