Should You Invest in Under Armour Inc (UA) Now?

The 36-month beta value for UA is at 1.64. 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.”

The public float for UA is 123.39M, and currently, shorts hold a 8.66% of that float. The average trading volume for UA on September 23, 2024 was 3.09M shares.

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UA) stock’s latest price update

Under Armour Inc (NYSE: UA) has seen a rise in its stock price by 1.47 in relation to its previous close of 7.49. However, the company has experienced a 4.97% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-09-21 that NEW YORK, NY / ACCESSWIRE / September 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Under Armour, Inc. (“Under Armour, Inc.”) (NYSE:UA) concerning possible violations of federal securities laws. Under Armour issued a press release on September 9, 2024, “announc[ing] an update to its Fiscal 2025 restructuring plan, including additional initiatives to optimize the company’s strategic supply chain capabilities and overall business performance.

UA’s Market Performance

Under Armour Inc (UA) has experienced a 4.97% rise in stock performance for the past week, with a -6.17% drop in the past month, and a 10.79% rise in the past quarter. The volatility ratio for the week is 3.55%, and the volatility levels for the past 30 days are at 4.16% for UA. The simple moving average for the past 20 days is 1.54% for UA’s stock, with a 5.19% 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 6.00% 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 -15.46% of loss for the given period.

Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares sank -5.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.44% upper at present.

During the last 5 trading sessions, UA rose by +4.97%, which changed the moving average for the period of 200-days by -5.47% in comparison to the 20-day moving average, which settled at $7.46. In addition, Under Armour Inc saw -8.98% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at UA starting from Dausch James A, who proposed sale 20,453 shares at the price of $7.80 back on Sep 04 ’24. After this action, Dausch James A now owns shares of Under Armour Inc, valued at $159,607 using the latest closing price.

Rocker Tchernavia, the Former Affiliate of Under Armour Inc, proposed sale 110,357 shares at $7.67 during a trade that took place back on Aug 14 ’24, which means that Rocker Tchernavia is holding shares at $846,616 based on the most recent closing price.

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 -3.93, with -1.54 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 0.98. 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 1.73.

Conclusion

In conclusion, Under Armour Inc (UA) has had a mixed 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.

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