The stock of Under Armour Inc (UA) has gone up by 6.36% for the week, with a 2.89% rise in the past month and a 0.80% rise in the past quarter. The volatility ratio for the week is 3.21%, and the volatility levels for the past 30 days are 2.91% for UA. The simple moving average for the past 20 days is 3.53% for UA’s stock, with a -2.32% simple moving average for the past 200 days.
Is It Worth Investing in Under Armour Inc (NYSE: UA) Right Now?
Under Armour Inc (NYSE: UA) has a higher price-to-earnings ratio of 13.49x compared to its average ratio, The 36-month beta value for UA is at 1.66. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for UA is 134.59M, and currently, shorts hold a 8.39% of that float. The average trading volume for UA on June 24, 2024 was 3.01M shares.
UA) stock’s latest price update
Under Armour Inc (NYSE: UA)’s stock price has gone rise by 1.24 in comparison to its previous close of 6.86, however, the company has experienced a 6.36% increase in its stock price over the last five trading days. proactiveinvestors.com reported 2024-06-24 that Under Armour Inc (NYSE:UA) has agreed to a $434 million settlement to resolve a 2017 class action lawsuit accusing the company of misleading shareholders about its revenue growth to meet Wall Street expectations. The deal, pending court approval, avoids a trial that was set for July 15 in Baltimore federal court.
Analysts’ Opinion of UA
Stifel gave a rating of “Hold” to UA, setting the target price at $28 in the report published on November 28th of the previous year.
UA Trading at 5.22% from the 50-Day Moving Average
After a stumble in the market that brought UA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.75% of loss for the given period.
Volatility was left at 2.91%, however, over the last 30 days, the volatility rate increased by 3.21%, as shares surge +5.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.23% upper at present.
During the last 5 trading sessions, UA rose by +5.91%, which changed the moving average for the period of 200-days by +2.15% in comparison to the 20-day moving average, which settled at $6.73. In addition, Under Armour Inc saw -16.83% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UA
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.45 for the gross margin
The net margin for Under Armour Inc stands at 0.07. The total capital return value is set at 0.09. Equity return is now at value 11.51, with 4.97 for asset returns.
Based on Under Armour Inc (UA), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is -145.75.
Currently, EBITDA for the company is 421.43 million with net debt to EBITDA at 1.87. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 7.28for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.46.
Conclusion
In conclusion, Under Armour Inc (UA) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
