After finishing at $6.82 in the prior trading day, Under Armour Inc (NYSE: UAA) closed at $6.80, down -0.29%. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 5477267 shares were traded. UAA stock price reached its highest trading level at $6.94 during the session, while it also had its lowest trading level at $6.79.
Ratios:
Our goal is to gain a better understanding of UAA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.55. 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:
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 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 2.90B and an Enterprise Value of 3.33B. As of this moment, Under’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.64, and their Forward P/E ratio for the next fiscal year is 11.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. 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 1.36. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is 8.64.
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 7.86, while the 200-Day Moving Average is calculated to be 7.68.
Shares Statistics:
The stock has traded on average 7.34M shares per day over the past 3-months and 6.37M shares per day over the last 10 days, according to various share statistics. 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 34.76% stake in the company. Shares short for UAA as of Mar 15, 2024 were 17.61M with a Short Ratio of 2.40, compared to 15.98M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.05% and a Short% of Float of 9.34%.
Earnings Estimates
Its stock is currently analyzed by 21 different market analysts. 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
21 analysts predict $1.33B in revenue for the current 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.
