Under Armour Inc (UAA) Falls -1.46%, Causing Bears To Lose

Under Armour Inc (NYSE:UAA) has a beta value of 1.64 and has seen 4.44 million shares traded in the last trading session. The company, currently valued at $2.93B, closed the last trade at $6.73 per share which meant it lost -$0.1 on the day or -1.46% during that session. The UAA stock price is -41.16% off its 52-week high price of $9.50 and 6.54% above the 52-week low of $6.29. The 3-month trading volume is 6.90 million shares.

Under Armour Inc (NYSE:UAA) trade information

Sporting -1.46% in the red in last session, the stock has traded in the red over the last five days, when the UAA stock price touched $6.73 or saw a rise of 2.46%. Year-to-date, Under Armour Inc shares have moved -23.44%, while the 5-day performance has seen it change -1.75%. Over the past 30 days, the shares of Under Armour Inc (NYSE:UAA) have changed -7.93%.

Under Armour Inc (UAA) estimates and forecasts

Figures show that Under Armour Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 2.44% over the past 6 months, with this year growth rate of -10.34%, compared to 1.40% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -55.60% and 100.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -3.30%.

20 analysts offering their estimates for the company have set an average revenue estimate of $1.33 billion for the current quarter. 16 have an estimated revenue figure of $1.31 billion for the next quarter concluding in Jun 2024.

Earnings growth for 2024 is a modest -9.28% while over the next 5 years, the company’s earnings are expected to increase by 8.50%.

UAA Dividends

Under Armour Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.