Under Armour, Inc. (UAA) will probably climb 7.66 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $30price as 12-month high target. This represents a whopping 56.25 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $21, which represents a return potential of 9.38 percent when compared to the closing price of the stock of $19.2 on Thursday, January 10. The lowest price target for the stock is $8 — slightly more than -58.33 percent from UAA’s current share price.
The stock is currently hovering around the first support level of $18.75. Below this, the next support is placed in the zone of $18.29. Till the time, the UAA stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 48.66 on daily chart, which may remain a cause for concern. If the price breaks below $18.29 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $19.49 mark may result into a pull-back move towards $19.77 level.
On 10th of January, Under Armour, Inc. (NYSE:UAA) shares ended lower after a volatile session. The shares dropped -0.02 points or -0.1 percent at $19.2 with a light trade volume of 3.867 million shares. After opening the session at $18.81, the shares went as high as $19.32 and as low as $18.58, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $8.13 billion and now has 423.47 million shares outstanding. Under Armour, Inc. (UAA) stock has lost -14.25 percent of market value in 21 trading days.
UAA stock has a trailing 3-year beta of 0.24, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.2 a share in the trailing twelve months. The stock’s value has surged 8.66 percent year to date (YTD) against a rise of 27.07 percent in 12 month’s time. The company’s shares still trade -23.07 percent away from its 1-year high of $24.96 and 53.6 percent up from 52-week low of $12.50. The average consensus rating on the company is 3.1, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.
Shares of Under Armour, Inc. (UAA) are trading at a P/E ratio of 35.08 times earnings reported for the past 12 months. The industry UAA operates in has an average P/E of 26.09. Its P/E ratio went as low as 20.71X and as high as 65.27 over the 5-year span. Further, it is sporting a 1.57 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.78. 44.6 percent is the gross profit margin for Under Armour, Inc. and operating margin sits at -1 percent. Along with this, the net profit margin is -2.7 percent.
Let’s take a look at some insider activity at Under Armour, Inc. (NYSE:UAA) and see the pattern. The earliest insider trade took place on 11/30/2018. Bergman David parted with a total of 2.5 thousand shares of company at average share price of $22. The total for the sales was set at $55 thousand. After this transaction, the CFO account balance stood at 157.67 thousand shares. The stock lost -12.73 percent since that insider sale. On 11/06/2018, Bergman David, CFO, sold 5 thousand shares at a price per share of $21.3. This removed 106.5 thousand shares from the insider’s fortune and the stock saw a -9.86 percent retreat in value since the news became public. This transaction left 160.17 thousand shares in the CFO account.
On 08/22/2018, CFO Bergman David performed a sale transaction worth $99.45 thousand. This sale at $19.89 each has eliminated 5 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -3.47 percent decrease since the transaction was reported. The insider now is left with 165.17 thousand shares remaining in the account. Frisk Patrik, who performs the President & COO job, bought 14 thousand shares for $259 thousand. The acquisition occurred on 05/11/2018 was priced at $18.5 per share. The share price soared 3.78 percent since the reporting date. Frisk Patrik now left with a stake of 14 thousand UAA stock worth $268.8 thousand after the insider buying.