Alert: New Earnings Report (11/8/23)-Under Armour Inc (NYSE: UAA).

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Under Armour Inc (NYSE: UAA) has reported E.P.S. of $0.25 for its second fiscal quarter (ending September 30) versus $0.19 for the same period a year ago — an increase of 32%.

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Recent Price Action

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Under Armour Inc (NYSE: UAA) stock enjoyed a large increase of 2.9% on 11/8/23. The stock closed at $7.42. Relative to the market the stock has been weak over the last nine months but has risen 8.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, UAA is expected to continue to be a Value Builder.

Under Armour has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Under Armour has a slightly positive Appreciation Score of 62 but a poor Power Rating of 27, leading to the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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