Under Armour Inc (NYSE:UA)’s traded shares stood at 0.98 million during the latest session, with the company’s beta value hitting 1.63. At the last check today, the stock’s price was $7.09, to imply an increase of 1.65% or $0.12 in intraday trading. The UA share’s 52-week high remains $8.99, putting it -26.8% down since that peak but still an impressive 17.35% since price per share fell to its 52-week low of $5.86. The company has a valuation of $3.08B, with an average of 5.09 million shares in intraday trading volume over the past 10 days and average of 3.38 million shares over the past 3 months.
Under Armour Inc (NYSE:UA) trade information
After registering a 1.65% upside in the latest session, Under Armour Inc (UA) has traded red over the past five days. The stock hit a weekly high of 7.14, jumping 1.65% in its intraday price action. The 5-day price performance for the stock is -0.07%, and -17.71% over 30 days. With these gigs, the year-to-date price performance is -15.15%. Short interest in Under Armour Inc (NYSE:UA) saw shorts transact 11.6 million shares and set a 3.02 days time to cover.
Under Armour Inc (UA) estimates and forecasts
The rating firms project that company’s revenue will shrink -3.20% compared to the previous financial year. Revenue forecast for the current quarter as set by 15 analysts is $1.33 billion. Meanwhile, for the quarter ending Jun 2024, a total of 11 analyst(s) estimate revenue growth to $1.31 billion.
UA Dividends
Under Armour Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Under Armour Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Under Armour Inc (NYSE:UA)’s Major holders
Under Armour Inc insiders hold 17.47% of total outstanding shares, with institutional holders owning 75.81% of the shares at 91.85% float percentage. In total, 75.81% institutions holds shares in the company, led by BDT Capital Partners, LLC. As of Dec 30, 2023, the company held over 42.95 million shares (or 20.26% of shares), all amounting to roughly $304.76 million.
The next major institution holding the largest number of shares is Vanguard Group Inc with 19.63 million shares, or about 9.26% of shares outstanding. As of the market price on Dec 30, 2023, these shares were worth $139.26 million.
We also have iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Under Armour Inc (UA) shares. Going by data provided on Jan 30, 2024, iShares Core S&P Midcap ETF holds roughly 5.87 million shares. This is just over 2.77% of the total shares, with a market valuation of $41.63 million. Data from the same date shows that the other fund manager holds a little less at 5.45 million, or 2.57% of the shares, all valued at about 38.67 million.
