Under Armour Inc (NYSE:UAA) price on current trading day, fall -1.39% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.38.
A look at the stock’s price movement, the level at last check in today’s session was $6.47, moving within a range at $6.28 and $6.44. The beta value (5-Year monthly) was 1.639. Turning to its 52-week performance, $11.89 and $6.17 were the 52-week high and 52-week low respectively. Overall, UAA moved -10.89% over the past month.
Under Armour Inc’s market cap currently stands at around $2.67 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 1.16B for the company’s revenue for the quarter, with a low and high estimate of 1.14B and 1.21B respectively. The average forecast suggests down to a -12.75% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5.14B, representing a -9.78% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UAA is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
16 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 8 recommend UAA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
UAA’s current price about -7.46% and -14.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.42, while 7-day volatility ratio is 4.05% and 4.45% in the 30-day chart. Further, Under Armour Inc (UAA) has a beta value of 1.49, and an average true range (ATR) of 0.30. Analysts have given the company’s stock an average 52-week price target of $8, forecast between a low of $7.4 and high of $10. Looking at the price targets, the low is -15.99% off recent price level in today’s trading while to achieve the yearly target high, it has to move -56.74%. Nonetheless, investors will most likely welcome a -25.39% jump to $8 which is the analysts’ median price.
If we refocus on Under Armour Inc (NYSE:UAA), historical trading data shows that trading volumes averaged 14.76 over the past 10 days and 10.88 million over the past 3 months. The company’s latest data on shares outstanding shows there are 188.82 million shares.
The 56.17% of Under Armour Inc’s shares are in the hands of company insiders while institutional holders own 45.36% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 36.49 million on 2025-02-28, giving us a short ratio of 3.24. The data shows that as of 2025-02-28 short interest in Under Armour Inc (UAA) stood at 1935.0000000000002 of shares outstanding, with shares short rising to 32.74 million registered in 2025-01-31. Current price change has pushed the stock -22.95% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UAA stock continues to rise going into the next quarter.
