UAA Earnings: Under Armour Nosedives After Outlook Disappoints
TipRanks (Thu, 16-May 11:39 AM ET)
Telsey Advisory Reaffirms Their Hold Rating on Under Armour (UAA)
TipRanks (Thu, 16-May 8:55 AM ET)
Under Armour's gloomy FQ4 results prompts company to undertake restructuring plan
Seeking Alpha News (Thu, 16-May 8:17 AM ET)
Under Armour Non-GAAP EPS of $0.11 beats by $0.03, revenue of $1.3B misses by $30M
Seeking Alpha News (Thu, 16-May 7:32 AM ET)
PRNewswire (Thu, 16-May 7:30 AM ET)
Options Volatility and Implied Earnings Moves Today, May 16, 2024
TipRanks (Thu, 16-May 7:05 AM ET)
Under Armour Q4 2024 Earnings Preview
Seeking Alpha News (Wed, 15-May 1:22 PM ET)
Notable earnings before Thursday's open
Seeking Alpha News (Wed, 15-May 11:47 AM ET)
Options Volatility and Implied Earnings Moves This Week, May 13 – May 16, 2024
TipRanks (Mon, 13-May 7:00 AM ET)
UNDER ARMOUR ANNOUNCES FOURTH QUARTER AND FULL-YEAR FISCAL 2024 EARNINGS CONFERENCE CALL DATE
PRNewswire (Thu, 2-May 4:30 PM ET)
Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.
Under Armour Class A trades on the NYSE stock market under the symbol UAA.
As of May 16, 2024, UAA stock price climbed to $6.89 with 17,352,026 million shares trading.
UAA has a beta of 1.54, meaning it tends to be more sensitive to market movements. UAA has a correlation of 0.20 to the broad based SPY ETF.
UAA has a market cap of $3.00 billion. This is considered a Mid Cap stock.
Last quarter Under Armour Class A reported $1 billion in Revenue and $.19 earnings per share. This fell short of revenue expectation by $-14 million and exceeded earnings estimates by $.08.
In the last 3 years, UAA stock traded as high as $27.28 and as low as $6.18.
The top ETF exchange traded funds that UAA belongs to (by Net Assets): VTI, IJH, VB, VBR, FXD.
UAA has underperformed the market in the last year with a price return of -10.2% while the SPY ETF gained +30.2%. UAA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -16.6% and +3.8%, respectively, while the SPY returned +6.1% and +6.1%, respectively.
UAA support price is $6.67 and resistance is $6.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UAA stock will trade within this expected range on the day.