In last trading session, Under Armour Inc (NYSE:UA) saw 2.63 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $6.89 trading at -$0.2 or -2.82% at ring of the bell on the day assigns it a market valuation of $3.00B. That closing price of UA’s stock is at a discount of -30.48% from its 52-week high price of $8.99 and is indicating a premium of 14.95% from its 52-week low price of $5.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.27 million shares which gives us an average trading volume of 3.51 million if we extend that period to 3-months.
Under Armour Inc (NYSE:UA) trade information
Upright in the red during last session for losing -2.82%, in the last five days UA remained trading in the red while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $6.89 price level, adding 3.37% to its value on the day. Under Armour Inc’s shares saw a change of -17.49% in year-to-date performance and have moved -0.86% in past 5-day. Under Armour Inc (NYSE:UA) showed a performance of -14.73% in past 30-days. Number of shares sold short was 11.6 million shares which calculate 3.51 days to cover the short interests.
Under Armour Inc (UA) estimates and forecasts
This year revenue growth is estimated to fall -3.20% from the last financial year’s standing.
15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.33 billion for the same. And 11 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 -9.52% while estimates for its earnings growth in next 5 years are of 21.80%.
UA Dividends
Under Armour Inc is more likely to be releasing its next quarterly report in April 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:UA)’s Major holders
Insiders are in possession of 17.47% of company’s total shares while institution are holding 75.79 percent of that, with stock having share float percentage of 91.84%. Investors also watch the number of corporate investors in a company very closely, which is 75.79% institutions for Under Armour Inc that are currently holding shares of the company. BDT Capital Partners, LLC is the top institutional holder at UA for having 42.95 million shares of worth $295.95 million. And as of Dec 30, 2023, it was holding 20.26% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 19.63 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 9.26% of outstanding shares, having a total worth of $135.23 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 Jan 30, 2024, the former fund manager was holding 5.87 million shares of worth $40.43 million or 2.77% of the total outstanding shares. The later fund manager was in possession of 5.45 million shares on Dec 30, 2023, making its stake of worth around $37.56 million in the company or a holder of 2.57% of company’s stock.
