Under Armour Inc (NYSE: UA)’s stock price has increased by 2.56 compared to its previous closing price of 8.20. However, the company has seen a 10.66% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-09-29 that NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Under Armour, Inc. (“Under Armour” or the “Company”) (NYSE: UA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Is It Worth Investing in Under Armour Inc (NYSE: UA) Right Now?
The stock has a 36-month beta value of 1.64. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 2 as “sell.”
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The public float for UA is 123.39M, and at present, short sellers hold a 8.78% of that float. On September 30, 2024, the average trading volume of UA was 3.28M shares.
UA’s Market Performance
UA stock saw an increase of 10.66% in the past week, with a monthly gain of 11.39% and a quarterly increase of 28.79%. The volatility ratio for the week is 3.98%, and the volatility levels for the last 30 days are 4.36% for Under Armour Inc (UA). The simple moving average for the past 20 days is 13.46% for UA’s stock, with a 16.49% 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 15.58% 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 -6.45% of loss for the given period.
Volatility was left at 4.36%, however, over the last 30 days, the volatility rate increased by 3.98%, as shares surge +12.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.19% upper at present.
During the last 5 trading sessions, UA rose by +10.66%, which changed the moving average for the period of 200-days by +4.47% in comparison to the 20-day moving average, which settled at $7.46. In addition, Under Armour Inc saw 0.72% in overturn over a single year, with a tendency to cut further gains.
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 1.07. 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
To sum up, Under Armour Inc (UA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
