Under Armour Inc (NYSE:UAA): Buy, Sell Or Hold At $7.82?

In recent trading session, Under Armour Inc (NYSE:UAA) saw 3.12 million shares changing hands at last check today with its beta currently measuring 1.64. Company’s recent per share price level of $7.82 trading at $0.11 or 1.40% at last check today assigns it a market valuation of $3.43B. That most recent trading price of UAA’s stock is at a discount of -46.29% from its 52-week high price of $11.44 and is indicating a premium of 19.57% from its 52-week low price of $6.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.4 million shares which gives us an average trading volume of 6.84 million if we extend that period to 3-months.

Under Armour Inc (NYSE:UAA) trade information

Upright in the green today for gaining 1.40%, in the last five days UAA remained trading in the green while hitting it’s week-highest on Thursday, 02/08/24 when the stock touched $7.82 price level, adding 5.44% to its value on the day. Under Armour Inc’s shares saw a change of -11.06% in year-to-date performance and have moved 0.88% in past 5-day. Under Armour Inc (NYSE:UAA) showed a performance of -6.59% in past 30-days. Number of shares sold short was 16.21 million shares which calculate 2.55 days to cover the short interests.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

Under Armour Inc (UAA) estimates and forecasts

Statistics highlight that Under Armour Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -1.78% of value to its shares in past 6 months, showing an annual growth rate of -13.79% while that of industry is -7.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -50.00% in the current quarter and calculating 100.00% increase in the next quarter. This year revenue growth is estimated to fall -3.20% from the last financial year’s standing.

23 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.34 billion for the same. And 17 analysts are in estimates of company making revenue of $1.31 billion in the next quarter that will end on Jun 2024.

In 2024, company’s earnings growth rate is likely to be around -10.78% while estimates for its earnings growth in next 5 years are of 8.55%.

UAA Dividends

Under Armour Inc is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Under Armour Inc (NYSE:UAA)’s Major holders

Insiders are in possession of 0.27% of company’s total shares while institution are holding 79.21 percent of that, with stock having share float percentage of 79.42%. Investors also watch the number of corporate investors in a company very closely, which is 79.21% institutions for Under Armour Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at UAA for having 16.93 million shares of worth $122.22 million. And as of Jun 29, 2023, it was holding 8.97% of the company’s outstanding shares.

The second largest institutional holder is Blackrock Inc., which was holding about 16.86 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 8.94% of outstanding shares, having a total worth of $121.76 million.

On the other hand, iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 5.9 million shares of worth $40.43 million or 3.13% of the total outstanding shares. The later fund manager was in possession of 5.66 million shares on Jun 29, 2023, making its stake of worth around $40.84 million in the company or a holder of 3.00% of company’s stock.

On Key

Related Posts