Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Under Armour Inc (NYSE: UAA) was $6.69 for the day, down -2.34% from the previous closing price of $6.85. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 3.46 million shares were traded. UAA stock price reached its highest trading level at $6.79 during the session, while it also had its lowest trading level at $6.64.
Ratios:
Our analysis of UAA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.35. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2862329856 and an Enterprise Value of 3345624576. As of this moment, Under’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.51, and their Forward P/E ratio for the next fiscal year is 11.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is 8.059.
Stock Price History:
Over the past 52 weeks, UAA has reached a high of $9.50, while it has fallen to a 52-week low of $6.29. The 50-Day Moving Average of the stock is -11.83%, while the 200-Day Moving Average is calculated to be -12.52%.
Shares Statistics:
UAA traded an average of 7.03M shares per day over the past three months and 5033210 shares per day 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 34.21% stake in the company. Shares short for UAA as of 1713139200 were 20277085 with a Short Ratio of 2.88, compared to 1710460800 on 17612703. Therefore, it implies a Short% of Shares Outstanding of 20277085 and a Short% of Float of 10.75.
