Alert: Negative Investment/Fundamental Signals (7/19/24)-Under Armour Inc (NYSE: UAA)

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

Recent meaningful negative changes in investment behavior have impacted Under Armour Inc (NYSE: UAA): its shorter term price trend turned down.

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 very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Under Armour has a slightly positive Appreciation Score of 60 but a very low Power Rating of 7, with the Negative Value Trend Rating the result.

Recent Price Action

Under Armour Inc (NYSE: UAA) stock closed at $6.70 on 7/19/24 after a modest gain of 0.8%. However, trading volume in this advance was below average at 77% of normal. The stock has declined -4.1% during the last week and has been weak relative to the market over the last nine months.

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