In the latest session, Under Armour Inc (NYSE: UAA) closed at $7.15 down -1.11% from its previous closing price of $7.23. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 10400052 shares were traded. UAA stock price reached its highest trading level at $7.28 during the session, while it also had its lowest trading level at $7.11.
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Ratios:
For a deeper understanding of Under Armour Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.57.
On March 14, 2024, Evercore ISI Downgraded its rating to Underperform which previously was In-line and also lowered its target price recommendation from $8 to $7.
On November 17, 2023, Truist started tracking the stock assigning a Hold rating and target price of $8.Truist initiated its Hold rating on November 17, 2023, with a $8 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 31 ’23 when Plank Kevin A sold 16,000,000 shares for $6.13 per share. The transaction valued at 98,080,000 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UAA now has a Market Capitalization of 3.07B and an Enterprise Value of 3.50B. As of this moment, Under’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.03, and their Forward P/E ratio for the next fiscal year is 12.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 0.61 whereas that against EBITDA is 9.08.
Stock Price History:
Over the past 52 weeks, UAA has reached a high of $9.59, while it has fallen to a 52-week low of $6.29. The 50-Day Moving Average of the stock is 8.07, while the 200-Day Moving Average is calculated to be 7.72.
Shares Statistics:
For the past three months, UAA has traded an average of 7.24M shares per day and 8.67M over the past ten days. A total of 188.70M shares are outstanding, with a floating share count of 188.40M. Insiders hold about 56.72% of the company’s shares, while institutions hold 34.75% stake in the company. Shares short for UAA as of Feb 29, 2024 were 15.73M with a Short Ratio of 2.17, compared to 17.03M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.61% and a Short% of Float of 8.34%.
Earnings Estimates
There are 21 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.06, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.04, with high estimates of $0.06 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.58 and $0.51 for the fiscal current year, implying an average EPS of $0.52. EPS for the following year is $0.6, with 26 analysts recommending between $0.72 and $0.51.
Revenue Estimates
A total of 21 analysts believe the company’s revenue will be $1.33B this quarter.It ranges from a high estimate of $1.36B to a low estimate of $1.31B. As of the current estimate, Under Armour Inc’s year-ago sales were $1.4B, an estimated decrease of -4.80% from the year-ago figure.
A total of 26 analysts have provided revenue estimates for UAA’s current fiscal year. The highest revenue estimate was $5.96B, while the lowest revenue estimate was $5.68B, resulting in an average revenue estimate of $5.71B. In the same quarter a year ago, actual revenue was $5.9B, down -3.30% from the average estimate. Based on 26 analysts’ estimates, the company’s revenue will be $5.84B in the next fiscal year. The high estimate is $6.45B and the low estimate is $5.6B. The average revenue growth estimate for next year is up 2.30% from the average revenue estimate for this year.
