In today’s recent session, 1.42 million shares of the Under Armour Inc (NYSE:UA) have been traded, and its beta is 1.49. Most recently the company’s share price was $5.41, and it changed around $0.24 or 4.74% from the last close, which brings the market valuation of the company to $2.39B. UA at last check was trading at a discount to its 52-week high of $10.62, offering almost -96.3% off that amount. The share price’s 52-week low was $4.62, which indicates that the recent value has risen by an impressive 14.6% since then. We note from Under Armour Inc’s average daily trading volume that its 10-day average is 6.89 million shares, with the 3-month average coming to 4.40 million.
Under Armour Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.80. If we narrow it down even further, the data shows that 2 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended UA as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Under Armour Inc is expected to report earnings per share of 0 for the current quarter.
Under Armour Inc (NYSE:UA) trade information
Instantly UA has been showing a green trend so far today with a performance of 4.74% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.53 on recent trading dayincreased the stock’s daily price by 2.17%. The company’s shares are currently down -27.41% year-to-date, but still up 14.48% over the last five days. On the other hand, Under Armour Inc (NYSE:UA) is -15.13% down in the 30-day period. We can see from the shorts that 10.08 million shares have been sold at a short interest cover period of 2.48 day(s).
The consensus price target as assigned by Wall Street analysts is $11.5, which translates to bulls needing to increase their stock price by 52.96% from its current value. Analyst projections state that UA is forecast to be at a low of $8 and a high of $13.
Under Armour Inc (UA) estimates and forecasts
The year-over-year growth rate is expected to be -9.77%, down from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 1.16B in revenue for the current quarter. 13 analysts expect Under Armour Inc to make 1.16B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.33B and 1.18B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -12.68%. Forecasts for the next quarter put sales growth at -2.36%.
Under Armour Inc earnings are expected to increase by -43.81% in 2025, but the outlook is negative -3.20% per year for the next five years.
UA Dividends
Under Armour Inc’s next quarterly earnings report is expected to be released on 2025-Feb-05.
Under Armour Inc (NYSE:UA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.13% of Under Armour Inc shares, and 75.90% of them are in the hands of institutional investors. The stock currently has a share float of 83.53%. Under Armour Inc stock is held by 421.0 institutions, with BDT CAPITAL PARTNERS, LLC being the largest institutional investor. By 2024-06-30, it held 13.734% of the shares, which is about 59.84 million shares worth $390.74 million.
VANGUARD GROUP INC, with 4.4784% or 19.86 million shares worth $129.7 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.51 shares worth $29.17 million, making up 2.67% of all outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held roughly 4.24 shares worth around $22.45 million, which represents about 2.05% of the total shares outstanding.
