Will Under Armour Inc (UAA) meet earnings estimates this quarter?

Currently, Under Armour Inc’s (UAA) stock is trading at $10.25, marking a gain of 0.79% from last night’s close. At this price, the stock is -13.79% below its 52-week high of $11.89 and 66.13% above its 52-week low of $6.17. Based on the past 30-day period, the stock price is -13.33% below the high and +17.91% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, UAA’s SMA-200 is $7.74.

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As well, it is important to consider UAA stock ratios such as price-to-sales, which is currently 0.78.UAA’s price to book ratio for the most recent quarter was 2.23, resulting in an 7.63 price to cash per share for the period.

How does Under Armour Inc (UAA) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 23 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.13 in simple terms.

Under Armour Inc (UAA): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 12 different analysts, who are expecting earnings to fall in between the range of 0.05 and 0.02 with an average Earnings Estimate of 0.03 which is in contrast with the last year earnings estimate of 0.19 and also replicates -84.21% growth rate year over year.

Under Armour Inc (NYSE: UAA) Ownership Details

I will give a breakdown of the key shareholders in Under Armour Inc (UAA). Recent figures show that the company’s insiders hold 0.17% of shares. A total of 491 institutional investors hold shares in the company, making 107.41% of its stock and 107.60% of its float.

Sep 30, 2024, it was reported that the Company’s largest institutional holder is Vanguard Group Inc holding total of 15.28 shares that make 8.09% of the company’s total number of shares and are currently priced at 156.05 million.

The securities firm Blackrock Inc. holds 15.28 shares of UAA, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 8.09%, and the holding percentage of shares is valued at 156.04 million.

An overview of Under Armour Inc’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Under Armour Inc (UAA) traded 10,828,050 shares per day, with a moving average of $9.82 and price change of +1.56. With the moving average of $9.20 and a price change of +2.02, about 10,937,770 shares changed hands on average over the past 50 days. Finally, UAA’s 100-day average volume is 12,697,503 shares, alongside a moving average of $8.36 and a price change of +3.64.

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