Under Armour Inc (NYSE: UA)’s stock price has plunge by -1.38relation to previous closing price of 6.53. Nevertheless, the company has seen a -1.83% plunge in its stock price over the last five trading sessions. youtube.com reported 2024-07-10 that Expect volumes and product innovation to drive growth this year, notes Raam Ratnam. He discusses themes within the sportswear space, as well as sportswear industry growth prospects.
Is It Worth Investing in Under Armour Inc (NYSE: UA) Right Now?
Under Armour Inc (NYSE: UA) has a price-to-earnings ratio of 12.51x that is above its average ratio. Additionally, the 36-month beta value for UA is 1.66. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 2 rating it as “sell.”
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The public float for UA is 134.57M and currently, short sellers hold a 9.27% ratio of that float. The average trading volume of UA on July 23, 2024 was 3.04M shares.
UA’s Market Performance
UA’s stock has seen a -1.83% decrease for the week, with a -6.12% drop in the past month and a -1.83% fall in the past quarter. The volatility ratio for the week is 3.51%, and the volatility levels for the past 30 days are at 3.53% for Under Armour Inc The simple moving average for the past 20 days is -2.23% for UA’s stock, with a -9.64% simple moving average for the past 200 days.
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 -3.09% 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 -28.36% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 3.51%, as shares sank -6.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.26% lower at present.
During the last 5 trading sessions, UA fell by -1.07%, which changed the moving average for the period of 200-days by +5.70% in comparison to the 20-day moving average, which settled at $6.56. In addition, Under Armour Inc saw -22.87% 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
- 0.46 for the gross margin
The net margin for Under Armour Inc stands at 0.07. The total capital return value is set at 0.06. 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 -0.01. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is -55.33.
Currently, EBITDA for the company is 421.43 million with net debt to EBITDA at 2.65. When we switch over and look at the enterprise to sales, we see a ratio of 0.86. The receivables turnover for the company is 5.32for trailing twelve months and the total asset turnover is 0.9. 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 seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.