Under Armour (UA) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Under Armour in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UA, but not buy additional shares or sell existing shares.
View UA analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued twelve-month price targets for Under Armour's stock. Their UA share price forecasts range from $8.00 to $8.00. On average, they predict the company's share price to reach $8.00 in the next year. This suggests a possible upside of 25.8% from the stock's current price.
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Under Armour's stock was trading at $8.92 at the beginning of 2023. Since then, UA shares have decreased by 28.7% and is now trading at $6.36.
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Under Armour saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 10,560,000 shares, an increase of 19.5% from the August 15th total of 8,840,000 shares. Based on an average daily volume of 3,080,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 6.4% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our UA earnings forecast.

Under Armour, Inc. (NYSE:UA) announced its earnings results on Tuesday, August, 8th. The company reported $0.02 EPS for the quarter. The company earned $1.32 billion during the quarter. Under Armour had a trailing twelve-month return on equity of 13.59% and a net margin of 6.60%.

Future Fund Long/Short ETF holds 8,500 shares of UA stock, representing -3.17% of its portfolio.

Under Armour updated its FY 2024 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $0.47-$0.51 for the period, compared to the consensus EPS estimate of $0.50. The company issued revenue guidance of -.

85 employees have rated Under Armour Chief Executive Officer Patrik Frisk on Glassdoor.com. Patrik Frisk has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Under Armour investors own include Walt Disney (DIS), NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Activision Blizzard (ATVI), Micron Technology (MU), Citigroup (C), Intel (INTC), Tesla (TSLA) and Starbucks (SBUX).

Under Armour trades on the New York Stock Exchange (NYSE) under the ticker symbol "UA."

Under Armour's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.61%), ArrowMark Colorado Holdings LLC (1.92%), State Street Corp (1.21%), Dimensional Fund Advisors LP (1.19%), Victory Capital Management Inc. (0.97%) and Geode Capital Management LLC (0.62%). Insiders that own company stock include Aditya Maheshwari, Colin Browne, David Bergman, David W Gibbs, John Patrick Stanton, Kevin A Plank and Tchernavia Rocker.
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Shares of UA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UA stock can currently be purchased for approximately $6.36.

Under Armour (NYSE:UA) has a market capitalization of $2.83 billion and generates $5.90 billion in revenue each year. The company earns $386.77 million in net income (profit) each year or $0.86 on an earnings per share basis.

The company employs 7,600 workers across the globe.

Under Armour's mailing address is 1020 HULL STREET, BALTIMORE MD, 21230. The official website for the company is www.underarmour.com. The company can be reached via phone at (410) 468-2512, via email at svcinvestorrelations@underarmour.com, or via fax at 410-367-2400.