Under Armour Inc. (NYSE:UA) does about 3.00M shares in volume on a normal day but saw 1675141 shares change hands in Monday trading. The company now has a market cap of 5.09B USD. Its current market price is $10.58, marking an increase of 2.42% compared to the previous close of $10.33. The 52 week high reached by this stock is $17.75 whilst the lowest price level in 52 weeks is $5.74. The script in recent trading has seen the stock touch a high of $10.60 and a low of $10.28.
Under Armour Inc. (UA) has a 20-day trading average at $9.50 and the current price is -40.38% off the 52-week high compared with 84.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.84 and its 200-day simple moving average is $8.84. If we look at the stock’s price movements over the week, volatility stands at 3.71%, which increases to 3.78% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 69.19 to suggest the stock is neutral.
27 analysts observing the Under Armour Inc. (UA) stock have set the 12-month price targets for the company’s shares at between $8.00 and $15.00. The median price target is 3.82% away from the current levels at $11.00.
FactSet Research has provided data showing that 27 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 1 advise that it is a overweight. 12 analysts have rated it as a buy and 13 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Hold the stock.
Stifel reiterated its price target at $33-$28.
The current price level is 12.57%, 20.61%, and 19.31% away from its SMA20, SMA50, and SMA200 respectively, with the UA price moving below the 50-day SMA on January 23. Under Armour Inc. (UA) stock is up 4.13% over the week and 28.09% over the past month. Its price is 18.61% year-to-date and -33.79% over the past year.
The company’s next earnings report is expected on 05/02/2023.
Its 12-month price target is $11.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $8.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $15.00.
Outstanding shares total 229.10M with insiders holding 15.41% of the shares and institutional holders owning 71.32% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 23.00. Price to book ratio is 2.63 and price to sales ratio is 0.97.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has added its position in Under Armour Inc. (UA) to 6,335,652 shares, mirroring a recent increase by 0.87%. Vanguard Total Stock Market Index added 54778.0 shares of Under Armour Inc. common stock bringing its total worth to about $56.51 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by iShares Core S&P Mid Cap ETF, which sold off 1157.0 shares to end up with 6,072,634 shares worth $54.17 million. Janus Henderson Global Select Fun cut their holdings by -1.22% in the company over the course of the most recent quarter. It now holds a 2.63% position in Under Armour Inc. thanks to 6.02 million shares amounting to $53.66 million.