An overview of Under Armour Inc’s (UA) institutional holdings

The price of Under Armour Inc (NYSE:UA) shares last traded on Wall Street fell -3.29% to $6.77.

Based on available information, 27 analysts follow Under Armour Inc (NYSE:UA). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $8.00, we find $9.00. Given the previous closing price of $7.00, this indicates a potential upside of 28.57 percent. UA stock price is now 4.08% away from the 50-day moving average and -9.28% away from the 200-day moving average. The market capitalization of the company currently stands at $3.01B.

Among analysts, 15 rate the stock a hold while 12 rate it a buy. Brokers who have rated the stock have averaged $9.88 as their price target over the next twelve months.

In other news, Plank Kevin A, Exec. Chair & Brand Chief sold 16,000,000 shares of the company’s stock on May 31. The stock was sold for $98,080,000 at an average price of $6.13. Upon completion of the transaction, the Exec. Chair & Brand Chief now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10, Chief Administrative Officer Rocker Tchernavia sold 69,823 shares of the business’s stock. A total of $650,689 was realized by selling the stock at an average price of $9.32. This leaves the insider owning 260,291 shares of the company worth $1.76 million. Insiders disposed of 16,316,757 shares of company stock worth roughly $110.46 million over the past 1 year. A total of 62.81% of the company’s stock is owned by insiders.

A candlestick chart of Under Armour Inc (NYSE: UA) showed a price of $7.07 on Thursday morning. During the past 12 months, Under Armour Inc has had a low of $5.86 and a high of $11.41. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 2.04, and a quick ratio of 1.14. According to the stock market information, the enterprise value for the company is $3.87B, which is based on a 8.00 price-to-earnings ratio, a 0.37 price-to-earnings-growth ratio, and a beta of 1.69. The fifty day moving average price for UA is $6.51 and a two-hundred day moving average price translates $7.34 for the stock.

The latest earnings results from Under Armour Inc (NYSE: UA) was released for Sep, 2023. According to the Apparel Manufacturing Company, earnings per share came in at $0.02, beating analysts’ expectations of -$0.04 by 0.06. This compares to $0.19 EPS in the same period last year. The net profit margin was 6.65% and return on equity was 20.76% for UA. The company reported revenue of $1.57 billion for the quarter, compared to $1.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.46 percent. For the current quarter, analysts expect UA to generate $1.57B in revenue.

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