Under Armour Inc (NYSE: UA) on Monday, soared 1.39% from the previous trading day, before settling in for the closing price of $6.47. Within the past 52 weeks, UA’s price has moved between $5.86 and $8.99.
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Annual sales at Consumer Cyclical sector company grew by 4.12% over the past five years. The company achieved an average annual earnings per share of -9.31%. With a float of $145.81 million, this company’s outstanding shares have now reached $221.35 million.
Let’s look at the performance matrix of the company that is accounted for 15000 employees.
Under Armour Inc (UA) Insider Updates
Observing investor behavior towards Apparel Manufacturing industry stocks is more important than anything else. The insider ownership of Under Armour Inc is 66.50%, while institutional ownership is 26.74%. The most recent insider transaction that took place on May 31 ’23, was worth 98,080,000. In this transaction Exec. Chair & Brand Chief of this company sold 16,000,000 shares at a rate of $6.13, taking the stock ownership to the 0 shares.
Under Armour Inc (UA) Performance Highlights and Predictions
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported $0.19 earnings per share (EPS) for the period topping the consensus outlook (set at $0.1) by $0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.31% per share during the next fiscal year.
Under Armour Inc (NYSE: UA) Trading Performance Indicators
Under Armour Inc (UA) is currently performing well based on its current performance indicators. A quick ratio of 1.38 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 12.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.89, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Under Armour Inc (UA)
Under Armour Inc (NYSE: UA) saw its 5-day average volume 2.78 million, a negative change from its year-to-date volume of 3.3 million. As of the previous 9 days, the stock’s Stochastic %D was 61.54%. Additionally, its Average True Range was 0.19.
During the past 100 days, Under Armour Inc’s (UA) raw stochastic average was set at 13.83%, which indicates a significant decrease from 54.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.21% in the past 14 days, which was lower than the 37.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.35, while its 200-day Moving Average is $7.20. Nevertheless, the first resistance level for the watch stands at $6.64 in the near term. At $6.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.80. If the price goes on to break the first support level at $6.48, it is likely to go to the next support level at $6.40. Assuming the price breaks the second support level, the third support level stands at $6.32.
Under Armour Inc (NYSE: UA) Key Stats
Market capitalization of the company is 2.86 billion based on 435,281K outstanding shares. Right now, sales total 5,904 M and income totals 386,770 K. The company made 1,486 M in profit during its latest quarter, and 114,140 K in sales during its previous quarter.
