UAA Stock Summary and Trading Ideas (Under Armour Class A | NYSE:UAA)

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 April 19, 2024, UAA stock price climbed to $6.73 with 4,261,033 million shares trading.

UAA has a beta of 1.84, meaning it tends to be more sensitive to market movements. UAA has a correlation of 0.25 to the broad based SPY ETF.

UAA has a market cap of $2.93 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 $6.29.

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 return of -26.6%, while the SPY ETF gained +21.2%. In the last 3 month period, UAA fell short of the market, returning -10.3%, while SPY returned +4.3%. However, in the most recent 2 weeks UAA has outperformed the stock market by returning -2.5%, while SPY returned -3.5%.

UAA support price is $6.49 and resistance is $6.73 (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.