The stock of Under Armour Inc (NYSE:UA) last traded at $6.39, down -0.93% from the previous session.
UA stock price is now -15.15% away from the 50-day moving average and -11.46% away from the 200-day moving average. The market capitalization of the company currently stands at $2.78B.
, while ‘Stifel’ rates the stock as ‘Hold’
In other news, Plank Kevin A, Exec. Chair & Brand Chief sold 16,000,000 shares of the company’s stock on May 31 ’23. 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. A total of 66.50% of the company’s stock is owned by insiders.
During the past 12 months, Under Armour Inc has had a low of $5.86 and a high of $8.99. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 2.13, and a quick ratio of 1.38. According to the stock market information, the enterprise value for the company is $3.27B, which is based on a 7.17 price-to-earnings ratio, a 0.33 price-to-earnings-growth ratio, and a beta of 1.63. The fifty day moving average price for UA is $7.50 and a two-hundred day moving average price translates $7.25 for the stock.
The latest earnings results from Under Armour Inc (NYSE: UA) was released for Dec, 2023. According to the Apparel Manufacturing Company, earnings per share came in at $0.19, beating analysts’ expectations of $0.1 by 0.09. This compares to $0.27 EPS in the same period last year. The net profit margin was 7.00% and return on equity was 20.12% for UA. The company reported revenue of $1.49 billion for the quarter, compared to $1.58 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.05 percent. For the current quarter, analysts expect UA to generate $1.33B in revenue.
