Under Armour Inc (NYSE: UAA) has recently experienced extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.
Significant negative changes in fundamentals have recently occurred for Under Armour Inc (NYSE: UAA): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
UAA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Under Armour has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Under Armour has a neutral Appreciation Score of 52 and a neutral Power Rating of 44, producing the Low Neutral Value Trend Rating.
Recent Price Action
Under Armour Inc (NYSE: UAA) stock closed at $6.70 on 5/20/24 after a modest decline of -1.2%. Moreover, trading volume in this decline was exceptionally high at 232% of normal. Relative to the market the stock has been weak over the last nine months and is unchanged during the last week.
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