Is Now the Time to Invest in Under Armour?

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Is now the time to invest in Under Armour ($NYSE:UAA)? Currently, Under Armour, Inc. is a sportswear and accessories company based in Baltimore, Maryland. It produces apparel, footwear, and casual accessories and is best known for its moisture-wicking fabric technology. In the past year, the stock has more than doubled in value, making it an attractive option for investors. Furthermore, Under Armour’s recent partnerships with Microsoft and Kohl’s have opened up new avenues of revenue and have made the company more attractive to potential investors.

Overall, investing in Under Armour, Inc. at this time could be a good move for investors looking to take advantage of the company’s recent success and potential growth opportunities. Its strong financials and potential expansion into new markets make it an attractive option for those looking for long-term growth in their portfolios. Of course, due diligence should always be conducted before investing in any stock, and investors should weigh the risks and potential rewards of investing in Under Armour, Inc. carefully.

Share Price

Monday saw a 3.5% increase in the stock price of Under Armour, with the stock opening at $7.6 and closing at $8.0. With this jump, it is becoming increasingly attractive to investors looking for a viable option to invest in. The company has been able to produce quality products at a competitive price in a market that is becoming increasingly crowded. With its strong financials and potential for future growth, Under Armour might be an ideal investment option for those looking for a long-term commitment. Under Armour has been able to maintain a strong presence in the sports apparel and footwear industry.

Its innovative designs and products have been able to capture the attention of consumers all over the world. This, coupled with its strong growth potential make Under Armour an attractive option for investors willing to make a long-term commitment. The recent increase in the stock price of Under Armour is a sign that the company is on the rise and investors are beginning to take notice. With its strong fundamentals, Under Armour could be an ideal investment option for those looking to capitalize on its current growth trend. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Under Armour. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Under Armour. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Under Armour. More…

Key Ratios Snapshot

Some of the financial key ratios for Under Armour are shown below. More…

Analysis

GoodWhale recently conducted an analysis of UNDER ARMOUR‘s wellbeing. Our team looked at the Star Chart, which revealed that the company is strong in asset, medium in growth, profitability and weak in dividend. We also found that UNDER ARMOUR has a high health score of 8/10 with regard to its cashflows and debt, meaning it is capable to pay off debt and fund future operations. Based on these findings, we classified UNDER ARMOUR as ‘rhino’, a type of company we conclude that has achieved moderate revenue or earnings growth. This makes it a great investment option for those looking for a steady return on their investment. Investors who are interested in these types of companies should consider investing in UNDER ARMOUR. More…

Peers

Under Armour, Inc. is an American company that manufactures footwear, sports, and casual apparel. Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour is the second-largest sportswear manufacturer in the United States. UA’s competitors include Nike, Lululemon Athletica, and Capri Holdings.

– Nike Inc ($NYSE:NKE)

Nike Inc is a publicly traded company with a market capitalization of 137.7 billion as of 2022. The company has a return on equity of 25.1%. Nike is a designer, manufacturer, and marketer of athletic footwear, apparel, equipment, and accessories. The company’s products are sold in over 190 countries worldwide. Nike has endorsement deals with some of the world’s most popular athletes, including LeBron James, Cristiano Ronaldo, and Tiger Woods.

– Lululemon Athletica Inc ($NASDAQ:LULU)

Lululemon Athletica Inc. is a Canadian athletic apparel retailer. The company was founded in 1998 by Chip Wilson and is headquartered in Vancouver, British Columbia. Lululemon Athletica Inc. designs, manufactures and markets athletic apparel and accessories for women, men and girls. The company’s product line includes pants, shorts, tops, jackets, hoodies, and accessories such as bags, socks, and headwear. Lululemon Athletica Inc. also operates a website and provides online shopping services. As of 2022, the company’s market cap is $37.96 billion and its ROE is 34.51%.

– Capri Holdings Ltd ($NYSE:CPRI)

Capri Holdings Ltd is a fashion company with a market cap of 5.96B as of 2022. The company has a Return on Equity of 25.1%. Capri Holdings Ltd is a luxury fashion company that owns and operates a portfolio of iconic fashion brands, including Michael Kors, Versace, and Jimmy Choo. The company’s brands are available in more than 100 countries through a network of company-operated stores, licensed stores, and e-commerce sites.

Summary

Under Armour, Inc. is a leading manufacturer of performance apparel, footwear, and accessories. Analysts have highlighted a number of factors that could drive future growth, including Under Armour’s strong brand recognition, innovative product designs, and expanding product offerings. Additionally, the company’s partnerships with leading retailers and athletes have further strengthened its presence in the marketplace. Despite the strong potential of this stock, investors should also do their own research to ensure they are comfortable with the associated risks before making an investment.