Alert: Negative Fundamental Signals (6/7/24)-Under Armour Inc (NYSE: UAA)

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Under Armour Inc (NYSE: UAA) suffers from exceptional negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for March, 2025 decreased significantly, and the consensus estimate for March, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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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 D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Under Armour has a neutral Appreciation Score of 59 but a poor Power Rating of 25, resulting in the Negative Value Trend Rating.

Recent Price Action

On 6/7/24, Under Armour Inc (NYSE: UAA) stock declined slightly by -0.4%, closing at $6.91. However, this decline was accompanied by below average trading volume at 69% of normal. Relative to the market the stock has been weak over the last nine months and has declined -0.6% during the last week.

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