Under Armour Inc [NYSE: UAA] traded at a low on Monday, posting a -2.40 loss after which it closed the day’ session at $6.51.
The results of the trading session contributed to over 13240973 shares changing hands. Over the past one week, the price volatility of Under Armour Inc stands at 3.64% while the volatility over the past one month is 3.46%.
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The market cap for UAA stock reached $2.84 billion, with 188.80 million shares outstanding and 188.40 million shares in the current float. Compared to the average trading volume of 8.40M shares, UAA reached a trading volume of 13240973 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $7.34 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 2.63. 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.
Oppenheimer have made an estimate for Under Armour Inc shares, keeping their opinion on the stock as Perform, with their previous recommendation back on May 23, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $8 to $7. The new note on the price target was released on May 17, 2024, representing the official price target for Under Armour Inc stock. On May 16, 2024, analysts decreased their price target for UAA shares from 8 to 6.
The Average True Range (ATR) for Under Armour Inc is set at 0.25, with the Price to Sales ratio for UAA stock in the period of the last 12 months amounting to 0.50. The Price to Book ratio for the last quarter was 1.32, with the Price to Cash per share for the same quarter was set at 2.01. Price to Free Cash Flow for UAA in the course of the last twelve months was 13.95 with Quick ratio for the last quarter at 1.63.
How has UAA stock performed recently?
Under Armour Inc [UAA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.70. With this latest performance, UAA shares dropped by -6.33% in over the last four-week period, additionally sinking by -27.26% over the last 6 months – not to mention a drop of -8.82% 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 37.81, with the RSI for the last a single of trading hit 32.16, and the three-weeks RSI is set at 40.74 for Under Armour Inc [UAA]. The present Moving Average for the last 50 days of trading for this stock 6.82, while it was recorded at 6.80 for the last single week of trading, and 7.44 for the last 200 days.
Under Armour Inc [UAA]: Deeper insight into the fundamentals
Under Armour Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.63 and a Current Ratio set at 2.46.
Earnings analysis for Under Armour Inc [UAA]
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 -12.75%.
Insider trade positions for Under Armour Inc [UAA]
The top three institutional holders of UAA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in UAA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in UAA stock with ownership which is approximately 5.1238%.
