Under Armour (UAA) Stock Price, News & Analysis

Company Overview

Under Armour, Inc., together with its subsidiaries, engages developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications. In addition, the company provides accessories, which include gloves, bags, headwear, and socks; and engages in brand licensing, digital subscription, advertising, and other digital business activities. It primarily offers its products under the UNDER ARMOUR, ARMOUR, HEATGEAR, COLDGEAR, HOVR, UA, PROTECT THIS HOUSE, I WILL, ARMOUR FLEECE, and ARMOUR BRA brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through Brand and Factory House stores, as well as through e-commerce websites. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company was incorporated in 1996 and is headquartered in Baltimore, Maryland.

Key Stats

• Today's Range: $8.18 to $8.77
• 50-Day Range: $8.33 to $11.12
• 52-Week Range: $6.17 to $11.89
• Volume: 21.17 million shs
• Average Volume: 10.22 million shs
• Market Capitalization: $3.73 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.28
• Consensus Rating: Hold

Under Armour Stock Analysis - MarketRank™

Under Armour scored higher than 69% of companies evaluated by MarketBeat, and ranked 81st out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Under Armour has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 4 buy ratings, 13 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Under Armour has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 29.63%

Earnings Growth

Earnings for Under Armour are expected to grow by 29.63% in the coming year, from $0.27 to $0.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Under Armour is -287.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Under Armour is -287.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Under Armour has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.41% of the float of Under Armour has been sold short.

Short Interest Ratio / Days to Cover

Under Armour has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Under Armour has recently increased by 6.46%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Under Armour does not currently pay a dividend.

Dividend Growth

Under Armour does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -3.41

Percentage of Shares Shorted

17.41% of the float of Under Armour has been sold short.

Short Interest Ratio / Days to Cover

Under Armour has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Under Armour has recently increased by 6.46%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.49

News Sentiment

Under Armour has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Under Armour this week, compared to 8 articles on an average week.

Search Interest

8 people have searched for UAA on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

4 people have added Under Armour to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Under Armour insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $508,642.00 in company stock.

Percentage Held by Insiders

15.60% of the stock of Under Armour is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.58% of the stock of Under Armour is held by institutions.

UAA Stock Analysis - Frequently Asked Questions

How have UAA shares performed this year?

Under Armour's stock was trading at $8.79 on January 1st, 2024. Since then, UAA stock has decreased by 1.9% and is now trading at $8.62.
View the best growth stocks for 2024 here.

How were Under Armour's earnings last quarter?

Under Armour, Inc. (NYSE:UAA) issued its earnings results on Thursday, May, 16th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. The business's quarterly revenue was down 4.7% on a year-over-year basis.
Read the conference call transcript.

When did Under Armour's stock split?

Under Armour shares split on Tuesday, April 15th 2014. The 2-1 split was announced on Monday, March 17th 2014. The newly minted shares were distributed to shareholders after the market closes on Monday, April 14th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Is Under Armour buying back stock?

Under Armour's board authorized a stock buyback program on Thursday, May 16th 2024, which permits the company to repurchase $500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 16.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Who are Under Armour's major shareholders?

Top institutional shareholders of Under Armour include FMR LLC (2.24%), Pacer Advisors Inc. (2.22%), State Street Corp (1.34%) and Disciplined Growth Investors Inc. MN (1.33%). Insiders that own company stock include Kevin A Plank, Tchernavia Rocker, Mehri Shadman and David W Gibbs.
View institutional ownership trends.

How do I buy shares of Under Armour?

Shares of UAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Under Armour own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Under Armour investors own include Humana (HUM), Meta Platforms (META), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 5/16/2024
• Today: 12/21/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel
• Current Symbol: NYSE:UAA
• CUSIP: N/A
• CIK: 1336917
• Web: www.underarmour.com
• Phone: (410) 468-2512
• Fax: 410-367-2400
• Employees: 15,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.28
• High Stock Price Target: $16.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +7.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 21 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 31.93
• P/E Growth: N/A
• Net Income: $232.04 million
• Net Margins: -0.27%
• Pretax Margin: -0.33%
• Return on Equity: 13.20%
• Return on Assets: 5.60%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 2.18
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: $5.40 billion
• Price / Sales: 0.69
• Cash Flow: $0.87 per share
• Price / Cash Flow: 9.86
• Book Value: $4.94 per share
• Price / Book: 1.74

Miscellaneous

• Outstanding Shares: 432,388,000
• Free Float: 364,935,000
• Market Cap: $3.73 billion
• Optionable: Optionable
• Beta: 1.69