Under Armour’s total fourth-quarter revenue increased 9% to $1.5 billion. Under Armour’s turnaround maintained momentum quarter as the activewear brand reported fourth-quarter sales and earnings that beat estimates.
In this post
Is Under Armor a good investment?
One of the top athletic apparel brands has been a lousy investment over the last 10 years. Shares of Under Armour (UA 1.60%) (UAA 0.92%) are down 28% since April 2012, underperforming the S&P 500 return of 209%. But the stock could be set for much better showing over the next decade.
Will Under Armour stock go up?
We expect Under Armour stock to trade higher post-transition quarter 2022 results, with revenues and earnings likely beating consensus. Under Armour announced that it was changing its fiscal year-end date from December 31 to March 31.
Why is Under Armour stock so low?
Under Armour reported an unexpected loss and sales below estimates as the company grappled with global supply chain challenges and Covid lockdowns in China. The athletic apparel retailer’s stock fell as it also issued profit guidance that came in below Wall Street estimates.
Should I invest in UAA?
Under Armour, Inc.
may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of UAA, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
How is Under Armour performing?
Under Armour reported net income of $109.7 million, or 23 cents a share, compared with $184.5 million, or 40 cents a share, a year earlier. Excluding one-time items, it earned 14 cents a share, beating analysts’ estimates for 7 cents. Revenue grew to $1.53 billion from $1.4 billion a year earlier.
How is Under Armour doing financially?
Under Armour missed analysts’ revenue expectations of $1.33 billion, posting $1.3 billion in sales, a 3% gain, for the three months that ended March 31 compared with revenue of $1.25 billion during the same period in 2021.
When did Under Armour stock split?
The first split for UA took place on July 10, 2012. This was a 2 for 1 split, meaning for each share of UA owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. UA’s second split took place on April 15, 2014.
Is Under Armour a buy or sell?
Under Armour has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Is Under Armour a good company?
Labour conditions. On the labour front, Under Armour is rated ‘Not Good Enough’. While some of its supply chain is certified by FLA Workplace Code of Conduct (including all of the final stage of production), the brand lacks transparency and received a score of 21-30% in the Fashion Transparency Index.
Does Under Armour make money?
Under Armour projected an adjusted per-share profit between 63 cents and 68 cents for fiscal year 2023, below Refinitiv estimates of 83 cents. It sees 5% to 7% growth in sales, while analysts expect a 5.4% increase.
Does UAA stock pay dividends?
Under Armour (NYSE: UAA) does not pay a dividend.
What is difference between UA and UAA?
UAA Stock Differences. The most striking difference between UA stock and UAA stock is that the former has no voting rights, while the latter has one vote per share. The ticker “UA” represents Class C shares, while “UAA” represents Class A voting shares.
Is Under Armour struggling?
Under Armour Inc. sank the most in five years after an earnings report revealed it’s struggling with supply-chain issues and pandemic-related shutdowns in China. Revenue is projected to rise 5% to 7% in the fiscal year ending in March, the company said Friday in a statement.
Is Under Armour still popular?
2021 was a notable year for Under Armour. It was the year Lululemon’s revenue overtook Under Armour’s. The athleisure brand brought in $6.3 billion to Under Armour’s $5.7 billion, amounting to 42% growth, with plans to double that amount by 2026. Under Armour’s sales growth, by contrast, was in the mid-20% range.
Where does Under Armour rank?
Under Armour is ranked #25 in Fashion and Beauty Brands.
Why is uaa stock down?
Under Armour (UAA) stock price was down over 23% yesterday after the earnings report. “The Under Armour challenges include supply chain issues, transportation expenses, and Chinese Covid lockdowns. The company’s strategy should be to focus on brand elevation and higher pricing,” says Kris Ruggeri.
Will Under Armour ever pay a dividend?
At the present time we do not pay a dividend on our common stock.
Share Statistics
| Avg Vol (3 month) 3 | 5.52M |
|---|---|
| Shares Outstanding 5 | 232.1M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 384.05M |
| % Held by Insiders 1 | 14.90% |
What Stock Exchange does Under Armour trade on?
Stock Information
Under Armour has two classes of publicly traded common stock listed on the New York Stock Exchange: UAA (Class A) and UA (Class C).
Whats a good PEG ratio?
What Is a Good PEG Ratio? As a general rule, a PEG ratio of 1.0 or lower suggests a stock is fairly priced or even undervalued. A PEG ratio above 1.0 suggests a stock is overvalued.