A share price of Under Armour Inc [UAA] is currently trading at $6.60, up 0.61%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UAA shares have lost -3.37% over the last week, with a monthly amount drifted -7.69%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Under Armour Inc [NYSE: UAA] stock has seen the most recent analyst activity on March 14, 2024, when Exane BNP Paribas downgraded its rating to a Neutral. Previously, Evercore ISI downgraded its rating to Underperform on March 14, 2024, and dropped its price target to $7. On November 17, 2023, Truist initiated with a Hold rating and assigned a price target of $8 on the stock. Evercore ISI started tracking the stock assigning a In-line rating and suggested a price target of $8 on November 07, 2023. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $8 on June 23, 2023. Barclays downgraded its rating to Equal Weight for this stock on May 02, 2023. In a note dated March 16, 2023, Redburn initiated an Buy rating and provided a target price of $13.50 on this stock.
Under Armour Inc experienced fluctuations in its stock price throughout the past year between $6.29 and $9.50. Currently, Wall Street analysts expect the stock to reach $18.54 within the next 12 months. Under Armour Inc [NYSE: UAA] shares were valued at $6.60 at the most recent close of the market. An investor can expect a potential return of 180.91% based on the average UAA price forecast.
Analyzing the UAA fundamentals
Trailing Twelve Months sales for Under Armour Inc [NYSE:UAA] were 5.75B which represents -5.34% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.21 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.48 points at the first support level, and at 6.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.66, and for the 2nd resistance point, it is at 6.73.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Under Armour Inc [NYSE:UAA] is 2.13. As well, the Quick Ratio is 1.38, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 7.41.
Transactions by insiders
Recent insider trading involved Plank Kevin A, Exec. Chair & Brand Chief, that happened on May 31 ’23 when 16.0 million shares were sold.
