Under Armour Inc. [NYSE: UAA] stock went on an upward path that rose over 5.61% on Thursday, amounting to a one-week price increase of more than 7.72%.
Over the last 12 months, UAA stock dropped by -38.39%. The one-year Under Armour Inc. stock forecast points to a potential downside of -14.15. The average equity rating for UAA stock is currently 2.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.99 billion, with 454.12 million shares outstanding and 382.05 million shares in the current float. Compared to the average trading volume of 7.50M shares, UAA stock reached a trading volume of 7471119 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Under Armour Inc. [UAA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UAA shares is $10.39 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UAA stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Susquehanna have made an estimate for Under Armour Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 03, 2020. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $8 to $11. The new note on the price target was released on August 03, 2020, representing the official price target for Under Armour Inc. stock. Previously, the target price had yet another drop from $17 to $10, while Pivotal Research Group kept a Hold rating on UAA stock.
The Average True Range (ATR) for Under Armour Inc. is set at 0.54, with the Price to Sales ratio for UAA stock in the period of the last 12 months amounting to 1.11. The Price to Book ratio for the last quarter was 3.79, with the Price to Cash per share for the same quarter was set at 2.57. Price to Free Cash Flow for UAA in the course of the last twelve months was 139.72 with Quick ratio for the last quarter at 1.20.
UAA Stock Performance Analysis:
Under Armour Inc. [UAA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.72. With this latest performance, UAA shares gained by 15.71% in over the last four-week period, additionally plugging by 52.25% over the last 6 months – not to mention a drop of -38.39% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UAA stock in for the last two-week period is set at 59.84, with the RSI for the last a single of trading hit 61.46, and the three-weeks RSI is set at 57.70 for Under Armour Inc. [UAA]. The present Moving Average for the last 50 days of trading for this stock 10.76, while it was recorded at 11.35 for the last single week of trading, and 12.47 for the last 200 days.
Insight into Under Armour Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Under Armour Inc. [UAA] shares currently have an operating margin of +4.06 and a Gross Margin at +46.51. Under Armour Inc.’s Net Margin is presently recorded at +1.76.
Return on Total Capital for UAA is now 6.89, given the latest momentum, and Return on Invested Capital for the company is 3.05. Return on Equity for this stock inclined to 4.42, with Return on Assets sitting at 2.03. When it comes to the capital structure of this company, Under Armour Inc. [UAA] has a Total Debt to Total Equity ratio set at 60.43. Additionally, UAA Total Debt to Total Capital is recorded at 37.67, with Total Debt to Total Assets ending up at 26.82. Long-Term Debt to Equity for the company is recorded at 54.57, with the Long-Term Debt to Total Capital now at 34.02.
Reflecting on the efficiency of the workforce at the company, Under Armour Inc. [UAA] managed to generate an average of $5,618 per employee. Receivables Turnover for the company is 7.55 with a Total Asset Turnover recorded at a value of 1.15.Under Armour Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.90.
UAA Stock EPS
With the latest financial reports released by the company, Under Armour Inc. posted 0.23/share EPS, while the average EPS was predicted by analysts to be reported at 0.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 27.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UAA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Under Armour Inc. go to -8.11%.
Under Armour Inc. [UAA] Insider Position Details
There are presently around $1,766 million, or 81.50% of UAA stock, in the hands of institutional investors. The top three institutional holders of UAA stocks are: VANGUARD GROUP INC with ownership of 19,157,548, which is approximately -9.457% of the company’s market cap and around 0.33% of the total institutional ownership; BLACKROCK INC., holding 11,146,306 shares of the stock with an approximate value of $132.19 million in UAA stocks shares; and ADAGE CAPITAL PARTNERS GP, L.L.C., currently with $118.46 million in UAA stock with ownership of nearly -28.833% of the company’s market capitalization.
Positions in Under Armour Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 159 institutional holders increased their position in Under Armour Inc. [NYSE:UAA] by around 30,623,566 shares. Additionally, 213 investors decreased positions by around 40,416,013 shares, while 96 investors held positions by with 77,868,157 shares. The mentioned changes placed institutional holdings at 148,907,736 shares, according to the latest SEC report filing. UAA stock had 49 new institutional investments in for a total of 9,998,576 shares, while 87 institutional investors sold positions of 21,711,032 shares during the same period.