The stock of Under Armour Inc (UAA) has seen a 12.64% increase in the past week, with a 18.03% gain in the past month, and a 39.91% flourish in the past quarter. The volatility ratio for the week is 4.46%, and the volatility levels for the past 30 days are at 3.53% for UAA. The simple moving average for the last 20 days is 7.32% for UAA’s stock, with a simple moving average of 24.97% for the last 200 days.
Is It Worth Investing in Under Armour Inc (NYSE: UAA) Right Now?
The stock has a 36-month beta value of 1.66. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 19 as “hold,” and 6 as “sell.”
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The public float for UAA is 188.42M, and at present, short sellers hold a 12.64% of that float. On October 21, 2024, the average trading volume of UAA was 13.93M shares.
UAA) stock’s latest price update
Under Armour Inc (NYSE: UAA) has experienced a decline in its stock price by -1.27 compared to its previous closing price of 9.48. However, the company has seen a gain of 12.64% in its stock price over the last five trading days. zacks.com reported 2024-10-14 that UAA is focusing on direct-to-consumer initiatives, prioritizing digital innovation, cost savings and product innovation.
Analysts’ Opinion of UAA
Many brokerage firms have already submitted their reports for UAA stocks, with Telsey Advisory Group repeating the rating for UAA by listing it as a “Market Perform.” The predicted price for UAA in the upcoming period, according to Telsey Advisory Group is $8 based on the research report published on August 09, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see UAA reach a price target of $4, previously predicting the price at $8. The rating they have provided for UAA stocks is “Underweight” according to the report published on July 23rd, 2024.
UAA Trading at 13.67% from the 50-Day Moving Average
After a stumble in the market that brought UAA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.30% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 4.46%, as shares surge +17.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.40% upper at present.
During the last 5 trading sessions, UAA rose by +12.64%, which changed the moving average for the period of 200-days by +14.43% in comparison to the 20-day moving average, which settled at $8.72. In addition, Under Armour Inc saw 6.48% 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 UAA 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 UAA
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.47 for the gross margin
The net margin for Under Armour Inc stands at 0.04. The total capital return value is set at 0.05. Equity return is now at value -3.93, with -1.54 for asset returns.
Based on Under Armour Inc (UAA), 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 -83.39.
Currently, EBITDA for the company is 421.43 million with net debt to EBITDA at 3.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 3.58for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.
Conclusion
To sum up, Under Armour Inc (UAA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” 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.
