Under Armour, Inc. (NYSE:UAA)’s traded shares stood at 2,453,937 during the last session, with the company’s beta value hitting 1.02. At the close of trading, the stock’s price was $16.76, to imply an increase of 0.42% or $0.07 in intraday trading. The UAA share’s 52-week high remains $21.96, putting it -31.03% down since that peak but still an impressive +57.34% since price per share fell to its 52-week low of $7.15. The company has a valuation of $7.14 Billion, with an average of 6.63 Million shares in intraday trading volume over the past 10 days and average of 7.36 Million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Under Armour, Inc. (UAA), translating to a mean rating of 2.8. Of 34 analyst(s) looking at the stock, 2 analyst(s) give UAA a Sell rating. None of those analysts rate the stock as Overweight while 22 advise Hold as 7 recommend it as a Buy. 3 analyst(s) have given it an Underweight rating. Estimates put the company’s earnings per share at -$0.07.
Under Armour, Inc. (NYSE:UAA) trade information
After registering a 0.42% upside on the day, Under Armour, Inc. (UAA) has traded green over the past five days. The stock hit a weekly high of $16.85- this Friday, Nov 20, jumping 0.77% in its intraday price action. The 5-day price performance for the stock is 12.29%, and 24.13% over 30 days. With these gigs, the year-to-date price performance is -22.59%. Short interest in Under Armour, Inc. (NYSE:UAA) saw shorts transact 16.53 Million shares and set a 2.25 days time to cover.
Analysts on Wall Street suggest a consensus price target of $13.82, implying a decline of-17.54% to the stock’s current value. The extremes give us $5 and $23 for target low and target high price respectively. As such, UAA is trading +37.23% off suggested target high and -70.17% from its likely low.
Under Armour, Inc. (UAA) estimates and forecasts
Looking at statistics comparing Under Armour, Inc. share performance against respective industry, we note that the company has underperformed competitors. Under Armour, Inc. (UAA) shares are +100.12% up over the last 6 months, with its year-to-date growth rate lower than industry average at -247.06% against -21.9%. But the company is tempering its growth estimates for the 2020 fiscal year. Revenue is forecast to decline -170% this quarter before jumping 85.3% for the next one. The company projects its revenue will drop -18.1% compared to the previous financial year.
Forecast revenue for the current quarter as set by 27 analysts is $1.26 Billion. Meanwhile, for the quarter ending March 01, 2021, a total of 18 analyst(s) estimate revenue growth to $1.1 Billion. Earnings reports from the last fiscal year show that sales brought in $1.44 Billion for this quarter and $930.24 Million the next quarter. In this case, analysts estimate current quarter sales to dip -12.6% before jumping 18.4% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings fell an estimated -26.5% for the past 5-year period. While 2020 is set for a -238.2% return in earnings, projections for the next 5 years are at -4.5% annually.
Under Armour, Inc. (NYSE:UAA)’s Major holders
Under Armour, Inc. insiders hold 0.43% of total outstanding shares, with institutional holders owning 91.56% of the shares at 91.95% float percentage. In total, 555 institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Sep 29 this year, the company held over 19.9 Million shares (or 10.55% of shares), all amounting to roughly $223.47 Million.
The next major institution holding the largest number of shares is Adage Capital Partners GP L.L.C. with 15.68 Million shares, or about 8.32% of shares outstanding. As of the market price on 44103, these shares were worth $176.1 Million.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Under Armour, Inc. (UAA) shares. Going by data provided on 44011, Vanguard Total Stock Market Index Fund holds roughly 5,485,668 shares. This is just over 2.91% of the total shares, with a market valuation of $53.43 Million. Data from the same date shows that the other fund manager holds a little less at 3.95 Million, or 2.1% of the shares, all valued at about $38.49 Million.