Under Armour (UAA) Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Under Armour in the last twelve months. There are currently 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" UAA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UAA, but not buy additional shares or sell existing shares.
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16 Wall Street research analysts have issued twelve-month price objectives for Under Armour's shares. Their UAA share price forecasts range from $6.50 to $15.00. On average, they expect the company's share price to reach $10.21 in the next year. This suggests a possible upside of 47.3% from the stock's current price.
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Under Armour's stock was trading at $10.16 at the beginning of the year. Since then, UAA stock has decreased by 31.8% and is now trading at $6.93.
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Under Armour saw a increase in short interest in August. As of August 31st, there was short interest totaling 12,870,000 shares, an increase of 19.8% from the August 15th total of 10,740,000 shares. Based on an average daily volume of 6,360,000 shares, the short-interest ratio is presently 2.0 days. Approximately 6.8% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our UAA earnings forecast.

Under Armour, Inc. (NYSE:UAA) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.05. The firm earned $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. Under Armour had a trailing twelve-month return on equity of 13.59% and a net margin of 6.60%. The firm's revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.03 earnings per share.
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ETFs with the largest weight of Under Armour (NYSE:UAA) stock in their portfolio include First Trust Consumer Discretionary AlphaDEX Fund (FXD), IQ Engender Equality ETF (EQUL), First Trust Mid Cap Value AlphaDEX Fund (FNK), Global X Health & Wellness ETF (BFIT), IQ Healthy Hearts ETF (HART) and Natixis U.S. Equity Opportunities ETF (EQOP).First Trust Mid Cap Core AlphaDEX Fund (FNX) and

Under Armour shares split on the morning of Tuesday, April 15th 2014. The 2-1 split was announced on Monday, March 17th 2014. The newly created shares were issued 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.

Under Armour announced that its board has approved a share repurchase plan on Wednesday, February 23rd 2022, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Under Armour issued an update on 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 earnings per share estimate of $0.50. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Under Armour investors own include Netflix (NFLX), Gilead Sciences (GILD), Walt Disney (DIS), Tesla (TSLA), Starbucks (SBUX), NIKE (NKE), NVIDIA (NVDA), Twitter (TWTR), Alibaba Group (BABA) and Intel (INTC).

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

Under Armour's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.79%), State Street Corp (2.39%), Dimensional Fund Advisors LP (1.01%), Geode Capital Management LLC (0.62%), Charles Schwab Investment Management Inc. (0.54%) and Bank of New York Mellon Corp (0.40%). Insiders that own company stock include David W Gibbs, Kevin A Plank and Tchernavia Rocker.
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Shares of UAA 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 UAA stock can currently be purchased for approximately $6.93.

Under Armour (NYSE:UAA) has a market capitalization of $3.09 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.