Under Armour Inc. [UA] shares are down more than -38.67% this year and recently decreased 0.0% or $0.05 to settle at $11.31. Analysts expect UA to grow earnings at a 21.80% annual rate over the next 5 years. UA has a short ratio of 4.75. This implies that the market is currently less bearish on the outlook for UA.

On 16, October 2020, Under Armour Announces Third Quarter 2020 Earnings And Conference Call Date. According to news published on Yahoo Finance, Under Armour, Inc. (NYSE: UA, UAA) plans to release the results of its third quarter (ended Sept. 30) on Oct. 30, 2020 at 6:55 a.m. Eastern Daylight Time (EDT). Following the news release, Under Armour management will host a conference call at approximately 8:30 a.m. EDT to review results.

Analyst Birdseye View:

The most recent analyst activity for Under Armour Inc. [NYSE:UA] stock was on February 14, 2017, when it was Upgrade with an Equal-weight rating from Morgan Stanley. On November 28, 2016, Stifel Reiterated a Hold rating and plunged its price target on this stock from $33 to $28. On October 26, 2016, Telsey Advisory Group Downgrade a Market perform rating and decreased its price target from $49 to $35. On October 26, 2016, Mizuho Downgrade a Neutral rating and decreased its price target to $32. On October 26, 2016, Deutsche Bank Downgrade a Hold rating and boosted its amount target on this stock to $32. On October 14, 2016, Piper Jaffray Upgrade an Overweight rating. Wells Fargo elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.37 and a peak of $19.65. Right now, the middling Wall Street analyst 12-month amount mark is $11.00. At the most recent market close, shares of Under Armour Inc. [NYSE:UA] were valued at $11.31. According to the average price forecast, investors can expect a potential return of -22.73%.

FUNDAMENTAL ANALYSIS

Under Armour Inc. [NYSE:UA] most recently reported quarterly sales of 706.0 million, which represented growth of -40.60%. This publicly-traded organization’s revenue is $320,021 per employee, while its income is $5,618 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.03, 4.42, 6.89 and 3.05 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 37.67 and the whole liability to whole assets at 26.82. It shows enduring liability to the whole principal at 34.02 and enduring liability to assets at 0.24 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 10.88 points at 1st support level, the second support level is making up to 10.50. But as of 1st resistance point, this stock is sitting at 11.46 and at 11.66 for 2nd resistance point.

Under Armour Inc. [UA] reported its earnings at -$0.31 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.41/share signifying the difference of 0.1 and 24.40% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.34 calling estimates for -$0.21/share with the difference of -0.13 depicting the surprise of -61.90%.

Important Ratio’s To Watch

Quick ratio, showing Cash ratio at 0.56. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.87 and it’s amount to book ratio is 4.54.

Insider Stories

The most recent insider trade was by Eskridge Kevin, Chief Product Officer, and it was the sale of 19348.0 shares on Nov 26.