Under Armour Inc (NYSE:UAA), 30.44% Above Its High, Could Make A Strong Comeback.

In recent trading session, Under Armour Inc (NYSE:UAA) saw 2.72 million shares changing hands at last check today with its beta currently measuring 1.66. Company’s recent per share price level of $8.87 trading at $0.13 or 1.49% at last check today assigns it a market valuation of $3.83B. That most recent trading price of UAA’s stock is at a discount of -7.1% from its 52-week high price of $9.50 and is indicating a premium of 30.44% from its 52-week low price of $6.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 15.37 million shares which gives us an average trading volume of 14.03 million if we extend that period to 3-months.

For Under Armour Inc (UAA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.68. Splitting up the data highlights that, out of 16 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.2 in the current quarter.

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Under Armour Inc (NYSE:UAA) trade information

Upright in the green today for gaining 1.49%, in the last five days UAA remained trading in the green while hitting it’s week-highest on Friday, 09/27/24 when the stock touched $8.87 price level, subtracting -0.45% to its value on the day. Under Armour Inc’s shares saw a change of 0.91% in year-to-date performance and have moved 11.01% in past 5-day. Under Armour Inc (NYSE:UAA) showed a performance of 14.01% in past 30-days. Number of shares sold short was 23.2 million shares which calculate 1.6 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 19.36% to its recent value today. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would jump 54.9% in reaching the projected high whereas dropping to the targeted low would mean a gain of 54.9% for stock’s current value.

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 added 20.19% of value to its shares in past 6 months, showing an annual growth rate of -59.26% while that of industry is -2.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -10.50% from the last financial year’s standing.

21 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.38B for the same. And 21 analysts are in estimates of company making revenue of 1.33B in the next quarter.

In 2024, company’s earnings growth rate is likely to be around -59.29% while estimates for its earnings growth in next 5 years are of -13.40%.

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

Insiders are in possession of 0.17% of company’s total shares while institution are holding 91.34 percent of that, with stock having share float percentage of 91.50%. Investors also watch the number of corporate investors in a company very closely, which is 91.34% 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 17.96 million shares of worth $119.82 million. And as of 2024-06-30, it was holding 4.0502 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 16.35 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.686 of outstanding shares, having a total worth of $109.04 million.