Under Armour Stock Soars After Analyst Upgrade
December 31, 2022
Trending News 🌥️
Under Armour Intrinsic Stock Value – Under Armour ($NYSE:UAA) is an American sportswear and accessories company that designs, develops, manufactures, and markets apparel, footwear, and accessories for men, women, and children. The company has experienced tremendous growth over the past few years and has become a major player in the sports apparel market. Recently, Investing.com reported that the stock of Under Armour has seen a significant surge due to an upgrade from analysts. The upgrade came from UBS which raised the stock rating of Under Armour from ‘Neutral’ to ‘Buy’. This boost in the stock rating has resulted in an impressive surge in the stock of Under Armour. UBS also said that they expect Under Armour to continue to grow and outpace the market with its innovation and strong brand.
This news has been welcomed by investors as they see this upgrade as a sign of confidence in the future of Under Armour. The company has been expanding rapidly and this positive news has only added to investor confidence. With the stock soaring and the company’s plans for continued growth, Under Armour looks set for a bright future. Overall, the news of the analyst upgrade has sent Under Armour stock soaring and investors seem excited about the future of the company. With its innovative products and strong brand, Under Armour is sure to remain a major player in the sports apparel market for years to come.
Market Price
The news sentiment surrounding Under Armour stock has been mostly positive until now. On Monday, the stock opened at $10.1 and closed at $9.5, a drop of 6.0% from its previous closing price of 10.2. This was a surprise to many investors, as the stock had seen steady growth over the past few weeks.
However, this week saw a major shift in sentiment when an analyst upgrade pushed Under Armour stock higher. The upgrade came from Credit Suisse, who upgraded their rating from Neutral to Outperform. The analyst cited a favorable outlook on Under Armour’s product portfolio and strong brand recognition as reasons for the upgrade. The surge in Under Armour’s stock price has been welcomed by investors, who have been eagerly awaiting news of a potential turnaround in the company’s fortunes. The stock has seen consistent growth since the start of the year and this upgrade has further bolstered investor confidence in the company’s prospects. With the positive news, investors are now looking forward to seeing how the company performs in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Under Armour. More…
| Total Revenues | Net Income | Net Margin |
| 5.73k | 222.7 | 5.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Under Armour. More…
| Operations | Investing | Financing |
| 493.97 | -100.36 | -725.81 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Under Armour. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.45k | 2.72k | 3.75 |
Key Ratios Snapshot
Some of the financial key ratios for Under Armour are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.2% | 31.9% | 7.4% |
| FCF Margin | ROE | ROA |
| 6.9% | 13.9% | 5.9% |
VI Analysis – Under Armour Intrinsic Stock Value
Under Armour is a company that has become renowned for its high-quality performance apparel and footwear. The company’s fundamentals reflect its long term potential and the value of its stock can be easily evaluated using the VI app. The VI Line, a metric used to determine fair value, has shown that the fair value of Under Armour stock is around $17.5. Currently, the stock is traded at $9.5, which is a significant 46% lower than its fair value. This suggests that there is an opportunity to buy Under Armour at a bargain price, given its potential for long term growth. Although there may be risks in investing in a company, the analysis made with the help of the VI app points to Under Armour as offering an attractive entry point for investors. More…
VI Peers
Under Armour, Inc. is an American company that manufactures footwear, sports, and casual apparel. Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour is the second-largest sportswear manufacturer in the United States. UA’s competitors include Nike, Lululemon Athletica, and Capri Holdings.
– Nike Inc ($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
Investing in Under Armour can be a lucrative way to add diversity to your portfolio. Under Armour is a sportswear and apparel company that has become well-known for its innovative and stylish products. The company has grown significantly in recent years, and its stock has become a popular choice for investors. It is important to note that the stock price of Under Armour is subject to market volatility, so investors should be aware of the risks associated with investing in this type of stock. Under Armour has a strong presence in the sports apparel industry, and its stock has been one of the most successful investments of the past decade. It has been able to develop innovative products, such as its Connected Fitness products, that have helped the company gain an edge over its competitors. Investors should also consider the company’s potential for future growth, as it is expected to continue to expand its product line and reach new markets. Under Armour’s stock has had periods of significant growth as well as periods of decline. Therefore, investors should also consider their risk tolerance when evaluating the potential of investing in Under Armour. It is important to conduct research and assess the company’s financial performance before investing. Additionally, investors should be aware of any news or developments that may affect the stock price, such as changes in management or new product launches. Overall, investing in Under Armour can be an excellent way to diversify an investment portfolio. The company has a strong presence in the sports apparel industry and has many opportunities for future growth.
However, investors should be aware of the risks associated with investing in this type of stock and should conduct thorough research before making any investment decisions.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
