Under Armour Inc. [UAA] Stock trading around $8.25 per share: What’s Next?

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Under Armour Inc. [NYSE: UAA] closed the trading session at $8.25 on 07/18/22. The day’s price range saw the stock hit a low of $8.21, while the highest price level was $8.68. The company report on June 3, 2022 that Keurig Dr Pepper, VICI Properties and ON Semiconductor Set to Join S&P 500; Others to Join S&P MidCap 400, and S&P SmallCap 600.


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S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:.

VICI Properties Inc. (NYSE:VICI) will replace Cerner Corp. (NASD: CERN) in the S&P 500 prior to the open of trading on Wednesday, June 8. S&P 500 constituent Oracle Corp. (NYSE:ORCL) is acquiring Cerner in a deal expected to be completed soon.

The stocks have a year to date performance of -61.07 percent and weekly performance of -4.29 percent. The stock has been moved at -57.25 percent over the last six months. The stock has performed -13.70 percent around the most recent 30 days and changed -48.63 percent over the most recent 3-months.

If compared to the average trading volume of 9.40M shares, UAA reached to a volume of 8490916 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $15.22 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 2.20. 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.

Jefferies have made an estimate for Under Armour Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 11, 2022. While these analysts kept the previous recommendation, Cowen dropped their target price from $13 to $10. The new note on the price target was released on June 21, 2022, representing the official price target for Under Armour Inc. stock. Previously, the target price had yet another drop from $19 to $10, while Citigroup kept a Neutral rating on UAA stock. On May 19, 2022, analysts decreased their price target for UAA shares from 14 to 11.

The Average True Range (ATR) for Under Armour Inc. is set at 0.42, with the Price to Sales ratio for UAA stock in the period of the last 12 months amounting to 0.63. The Price to Book ratio for the last quarter was 2.25, with the Price to Cash per share for the same quarter was set at 2.30. Price to Free Cash Flow for UAA in the course of the last twelve months was 9.20 with Quick ratio for the last quarter at 1.50.

UAA stock trade performance evaluation

Under Armour Inc. [UAA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.29. With this latest performance, UAA shares dropped by -13.70% in over the last four-week period, additionally sinking by -57.25% over the last 6 months – not to mention a drop of -57.17% 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 36.68, with the RSI for the last a single of trading hit 36.44, and the three-weeks RSI is set at 36.65 for Under Armour Inc. [UAA]. The present Moving Average for the last 50 days of trading for this stock 9.75, while it was recorded at 8.37 for the last single week of trading, and 17.19 for the last 200 days.

Under Armour Inc. [UAA]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Under Armour Inc. [UAA] shares currently have an operating margin of +9.62 and a Gross Margin at +50.58. Under Armour Inc.’s Net Margin is presently recorded at +6.33.

Return on Equity for this stock inclined to 19.13, with Return on Assets sitting at 7.19.

Under Armour Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.20.

Earnings per share (EPS) analysis for Under Armour Inc. [UAA] stock

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 11.86%.

Under Armour Inc. [UAA]: Insider Ownership positions

There are presently around $1,429 million, or 91.90% of UAA stock, in the hands of institutional investors. The top three institutional holders of UAA stocks are: VANGUARD GROUP INC with ownership of 20,911,825, which is approximately 5.113% of the company’s market cap and around 0.27% of the total institutional ownership; AMERIPRISE FINANCIAL INC, holding 18,692,354 shares of the stock with an approximate value of $155.71 million in UAA stocks shares; and BLACKROCK INC., currently with $94.21 million in UAA stock with ownership of nearly 1.196% of the company’s market capitalization.

Positions in Under Armour Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 208 institutional holders increased their position in Under Armour Inc. [NYSE:UAA] by around 37,834,024 shares. Additionally, 202 investors decreased positions by around 39,314,859 shares, while 112 investors held positions by with 94,353,650 shares. The mentioned changes placed institutional holdings at 171,502,533 shares, according to the latest SEC report filing. UAA stock had 63 new institutional investments in for a total of 11,743,350 shares, while 71 institutional investors sold positions of 13,991,568 shares during the same period.

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