Under Armour (UAA, $18.93) gets rating boost from Raymond James analyst
Under Armour Inc. shares got a rating upgrade from after analysts at Raymond James.
Raymond James analyst Matthew McClintock raised his rating on the sports apparel and footwear retailer to "strong buy" from "outperform", citing the company’s risk/return profile. McClintock maintained his price target on the stock at $30 a share.
McClintock said that Under Armour was ahead of schedule on new product sales. He also mentioned that the headline risks related to a recent Department of Justice investigation might be less than initially anticipated.
Under Armour’s revenue recognition accounting is being investigated by the U.S. Department of Justice and the Securities and Exchange Commission, as was reported by the Wall Street Journal. Under Armour said its "practices and disclosures were appropriate" and that it has been co-operating with the agencies on the investigations.
For the full-year 2019, Under Armour is expecting earnings at the higher end of its prior forecast range of between 33 cents and 34 cents per share. The company now projects revenues to experience + 2% growth in the year partly due to lower-than-expected excess inventory; the forecast is lower than its prior guidance of +3% to +4% growth.
UAA's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for UAA turned positive on January 13, 2025. Looking at past instances where UAA's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UAA advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where UAA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on February 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on UAA as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UAA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
UAA broke above its upper Bollinger Band on January 21, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for UAA entered a downward trend on January 28, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. UAA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.464) is normal, around the industry mean (3.082). P/E Ratio (8.213) is within average values for comparable stocks, (28.555). Projected Growth (PEG Ratio) (1.862) is also within normal values, averaging (1.991). Dividend Yield (0.000) settles around the average of (0.036) among similar stocks. P/S Ratio (0.574) is also within normal values, averaging (1.500).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. UAA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
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Fundamental Analysis Ratings
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General Information
a designer of branded performance products for men, women and youth
Industry ApparelFootwear