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 brokers have issued 12-month price targets for Under Armour's shares. Their UAA share price forecasts range from $6.50 to $15.00. On average, they expect the company's stock price to reach $10.21 in the next year. This suggests a possible upside of 55.9% from the stock's current price.
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Under Armour's stock was trading at $10.16 at the start of the year. Since then, UAA shares have decreased by 35.6% and is now trading at $6.5450.
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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 12,870,000 shares, an increase of 19.8% from the August 15th total of 10,740,000 shares. Based on an average daily trading volume, of 6,360,000 shares, the short-interest ratio is currently 2.0 days. Approximately 6.8% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
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Under Armour, Inc. (NYSE:UAA) posted its earnings results on Tuesday, August, 8th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.05. The company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.29 billion. Under Armour had a trailing twelve-month return on equity of 13.59% and a net margin of 6.60%. Under Armour's revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 closing bell 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 of Directors has initiated a stock buyback plan on Wednesday, February 23rd 2022, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.

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

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 $6.55.

Under Armour (NYSE:UAA) has a market capitalization of $2.91 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.