It’s Not A Fantasy To Think That Under Armour Inc (UAA) Has Big Future Potential

Under Armour Inc (NYSE:UAA) currently has a daily average trading volume of 13.87M but it saw 11817077 shares traded in last market. With a market cap of 3.70B USD, the company’s current market price of $8.56 came falling about -4.57 while comparing to the previous closing price of $8.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.58 and as low as $6.17. In the recent trading on the day, stock has struck highest price mark of $8.48 while lowest mark touched by it was $8.9.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which reiterated the stock as “Market Perform” in its note to investors issued on August 09, 2024, recommending a price target of between $7 and $8 for it. Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on July 23, 2024 while assigning a price target range of $8-$4.

Over the week, UAA’s stock price is moving -9.89% down while it is 7.13% when we observe its performance for the past one month. Year-to-date it is -2.62% down and over the past year, the stock is showing an upside performance of 19.05%.

Currently, Under Armour Inc’s total number of outstanding shares is 188.80M. Company’s return on investment (ROI) stands at -2.48% and return on equity (ROE) at -3.93%. It has a 24.16 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 2.04 while price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is -1.54% on average.