Alert: New Earnings Report (5/16/24)-Under Armour Inc (NYSE: UAA).

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For its fourth fiscal quarter (ending March 31), Under Armour Inc (NYSE: UAA) has reported E.P.S. of $0.02 compared to $0.38 a year ago. For the latest four quarters through March 31, E.P.S. were $0.53 versus $0.86 for the same period a year ago.

Recent Price Action

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Under Armour Inc (NYSE: UAA) stock closed at $6.71 on 5/16/24 after a modest decline of -1.3%. Moreover, trading volume in this decline was exceptionally high at 565% of normal. The stock has risen 1.1% during the last week but has been weak relative to the market over the last nine months.

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 (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 45, leading to the 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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