Closing Bell Recap: Under Armour Inc (UAA) Ends at 8.50, Reflecting a -3.85 Downturn

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Under Armour Inc (NYSE: UAA) closed the day trading at $8.50 down -3.85% from the previous closing price of $8.84. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 11.87 million shares were traded. UAA stock price reached its highest trading level at $8.81 during the session, while it also had its lowest trading level at $8.4201.

Ratios:

For a better understanding of UAA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.66.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on August 09, 2024, Reiterated its Market Perform rating but revised its target price to $8 from $7 previously.

On July 23, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $8 to $4.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 04 ’24 when Dausch James A bought 20,453 shares for $7.80 per share.

Rocker Tchernavia bought 110,357 shares of UAA for $846,616 on Aug 14 ’24.

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 3637600512 and an Enterprise Value of 4131330816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 2.02. Its current Enterprise Value per Revenue stands at 0.742 whereas that against EBITDA is 11.404.

Stock Price History:

The Beta on a monthly basis for UAA is 1.66, which has changed by 0.28205132 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, UAA has reached a high of $9.50, while it has fallen to a 52-week low of $6.17. The 50-Day Moving Average of the stock is 8.71%, while the 200-Day Moving Average is calculated to be 13.47%.

Shares Statistics:

Over the past 3-months, UAA traded about 13.94M shares per day on average, while over the past 10 days, UAA traded about 12217990 shares per day. A total of 188.80M shares are outstanding, with a floating share count of 188.42M. Insiders hold about 56.40% of the company’s shares, while institutions hold 39.17% stake in the company. Shares short for UAA as of 1726185600 were 23200526 with a Short Ratio of 1.66, compared to 1723680000 on 24293500. Therefore, it implies a Short% of Shares Outstanding of 23200526 and a Short% of Float of 12.3.

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