Something To Watch Before Buying Under Armour Inc. (NYSE:UAA)

Under Armour Inc. (NYSE:UAA) previous close was $21.72 while the outstanding shares total 456.01M. The firm has a beta of 1.28, a 12-month trailing P/E ratio of 97.22, and a growth ratio of 4.86. UAA’s shares traded higher over the last trading session, gaining 1.61% on 06/07/21. The shares fell to a low of $21.51 before closing at $22.07. Intraday shares traded counted 5.95 million, which was -9.64% lower than its 30-day average trading volume of 5.43M. The stock’s Relative Strength Index (RSI) is 46.19, with weekly volatility at 3.23% and ATR at 0.85. The UAA stock’s 52-week price range has touched low of $8.94 and a $26.45 high.

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Investors have identified the Apparel Manufacturing company Under Armour Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.55 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Under Armour Inc. (UAA) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3.16 billion total, with 1.23 billion as their total liabilities.

UAA were able to record -159.05 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by -168.84 million. In cash movements, the company had a total of -150.59 million as operating cash flow.

Potential earnings growth for Under Armour Inc. (UAA)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, Under Armour Inc. recorded a total of 1.26 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 26.01% coming in sequential stages and their sales for the 08/03/2021 quarter reducing by -11.66%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 628.55 million trying to sell their products during the last quarter, with the result yielding a gross income of 628.64 million. This allows shareholders to hold on to 456.01M with the recently reported earning now reading 0.17 cents per share. This is a figure that compared to analyst’s prediction for their 08/03/2021 (0.16 cents a share).

Having a look at the company’s valuation, the company is expected to record 0.46 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UAA sounds very interesting.

Is the stock of UAA attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.

10 out of 30 analysts covering the stock have rated it a Buy, while 15 have maintained a Hold recommendation on Under Armour Inc.. 3 analysts has assigned a Sell rating on the UAA stock. The 12-month mean consensus price target for the company’s shares has been set at $25.60.