Under Armour Inc (NYSE: UAA) stock suffered a major decline of -13.0% on 11/8/24. The shares closed at $9.68. Moreover, above average trading volume at 136% of normal accompanied the decline. The stock has risen 13.2% during the last week and has been strong 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Under Armour has a neutral Appreciation Score of 48 and a neutral Power Rating of 59, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative 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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