Under Armour Inc (NYSE:UAA) has a beta value of 1.68 and has seen 11.03 million shares traded in the last trading session. The company, currently valued at $3.68B, closed the last trade at $8.86 per share which meant it gained $0.22 on the day or 2.55% during that session. The UAA stock price is -8.13% off its 52-week high price of $9.58 and 30.36% above the 52-week low of $6.17. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.48 million shares traded. The 3-month trading volume is 13.69 million shares.
The consensus among analysts is that Under Armour Inc (UAA) is Buy stock at the moment, with a recommendation rating of 2.74. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 16 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.2.
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Under Armour Inc (NYSE:UAA) trade information
Sporting 2.55% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the UAA stock price touched $8.86 or saw a rise of 0.34%. Year-to-date, Under Armour Inc shares have moved 0.80%, while the 5-day performance has seen it change 1.61%. Over the past 30 days, the shares of Under Armour Inc (NYSE:UAA) have changed 4.24%. Short interest in the company has seen 28.88 million shares shorted with days to cover at 2.13.
Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could jump 11.4% from current levels. The projected low price target is $4.0 while the price target rests at a high of $35.0. In that case, then, we find that the current price level is -295.03% off the targeted high while a plunge would see the stock lose 54.85% from current levels.
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 32.04% over the past 6 months, with this year growth rate of -59.26%, compared to -1.30% for the industry. Revenue growth from the last financial year stood is estimated to be -10.50%.
20 analysts offering their estimates for the company have set an average revenue estimate of 1.39B for the current quarter. 20 have an estimated revenue figure of 1.33B for the next ending quarter.
Earnings growth for 2024 is a modest -59.36% while over the next 5 years, the company’s earnings are expected to decrease by -9.15%.
UAA Dividends
Under Armour Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Under Armour Inc (NYSE:UAA)’s Major holders
Insiders own 0.17% of the company shares, while shares held by institutions stand at 92.97% with a share float percentage of 93.13%. Investors are also buoyed by the number of investors in a company, with Under Armour Inc having a total of 467.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 17.96 million shares worth more than $119.82 million. As of 2024-06-30, VANGUARD GROUP INC held 4.0502% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 16.35 million shares as of 2024-06-30. The firm’s total holdings are worth over $109.04 million and represent 3.686% of shares outstanding.
