Under Armour Inc (NYSE: UAA) has reported earnings for its second fiscal quarter (ending September 30) of $0.39 versus $0.25 for the same period a year ago — an increase of 56%. For the latest four quarters through September 30, E.P.S. were $-0.05 compared to $0.92 a year ago — a decline of -105%.
Recent Price Action
On 11/7/24, Under Armour Inc (NYSE: UAA) stock enjoyed a major increase of 27.2%, closing at $11.13. Moreover, this advance was accompanied by exceptionally high trading volume at 276% of normal. The stock has been strong relative to the market over the last nine months and has risen 28.4% during the last week.
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 (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Under Armour has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 68, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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