Under Armour Inc [UAA] stock is trading at $6.92, up 0.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The UAA shares have gain 3.44% over the last week, with a monthly amount glided 1.02%, and 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 July 23, 2024, when Morgan Stanley downgraded its rating to a Underweight and also revised its price target to $4 from $8. Previously, Oppenheimer downgraded its rating to Perform on May 23, 2024. On May 17, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $7 on the stock. William Blair downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to a Underweight and reduced its price target to $6 on May 16, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on May 10, 2024, and downed its price target to $8. In a note dated March 14, 2024, Exane BNP Paribas downgraded an Neutral rating on this stock.
Under Armour Inc [UAA] stock has fluctuated between $6.18 and $9.50 over the past year. Currently, Wall Street analysts expect the stock to reach $14.67 within the next 12 months. Under Armour Inc [NYSE: UAA] shares were valued at $6.92 at the most recent close of the market. An investor can expect a potential return of 111.99% based on the average UAA price forecast.
Analyzing the UAA fundamentals
Under Armour Inc [NYSE:UAA] reported sales of 5.69B for the trailing twelve months, which represents a drop of -4.07%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.
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 6.83 points at the first support level, and at 6.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.98, and for the 2nd resistance point, it is at 7.03.
Ratios To Look Out For
For context, Under Armour Inc’s Current Ratio is 2.46. Also, the Quick Ratio is 1.63, while the Cash Ratio stands at 0.51. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 13.44.
