Under Armour
Under Armour, Inc. is an American company that manufactures footwear, sports, and casual apparel. Under Armour's global headquarters are located in Baltimore, Maryland with additional offices located in Amsterdam, Austin, Guangzhou, Hong Kong, Houston, Jakarta, London, Mexico Ci…
Full Answer
Is Under Armour a good stock to buy?
(Getty Images) Under Armour Inc. (ticker: UA, UAA) stock is a great example of why being an informed investor – even on boring issues like corporate governance – can help with stock selection. Owning a share of stock simply means you own a slice of a given company.
What is Under Armour’s business model?
However, Under Armour found its niche in the sporting goods industry by focusing primarily on American Football. Furthermore, when Under Armour started its business back in 1996, the company focused on making clothes with the aim of improving the performance of athletes.
What are Under Armour’s risks?
Another risk factor I currently see is that Under Armour could be affected negatively by periods of inflation. The fact that Under Armour has still not been able to create such a strong brand image compared to its competitors Nike and Adidas, I see the company being less able to pass higher prices to its customers than its rivals.
What is the history of Under Armour?
Under Armour was founded in 1996 by Kevin Plank, at the time a 24-year-old former captain of the University of Maryland football team. Under Armour's principal business activities are the development, marketing and distribution of branded performance apparel, footwear and accessories.
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Is Under Armor stock a good buy?
Under Armour / UAA Analysts estimate that it will earn 79 cents a share in calendar 2022 after last year's 77 cents, on a 6% increase in sales, to $6 billion. The consensus calls for 2022 sales to rise about 9% and 22% at Nike and Lululemon, respectively.
Is Under Armour stock undervalued?
Athleisure apparel and footwear maker Under Armour (NYSE: UAA) stock has been falling within the proximity of revisiting its pandemic lows. Athleisure apparel and footwear maker Under Armour (NYSE: UAA) stock has been falling within the proximity of revisiting its pandemic lows.
Who owns the most Under Armour stock?
Kevin PlankKevin Plank, Founder, and CEO and the University of Maryland College Park Foundation. His academic qualifications include a Master of Business Administration from the University of Maryland. Plank is the largest Under Armour shareholder, with 33.8 million Class C shares owned indirectly through a series of trusts.
Where does Under Armour trade stock?
Stock Information Under Armour has two classes of publicly traded common stock listed on the New York Stock Exchange: UAA (Class A) and UA (Class C).
Should I buy UAA stock?
Out of 22 analysts, 5 (22.73%) are recommending UAA as a Strong Buy, 6 (27.27%) are recommending UAA as a Buy, 11 (50%) are recommending UAA as a Hold, 0 (0%) are recommending UAA as a Sell, and 0 (0%) are recommending UAA as a Strong Sell. What is UAA's earnings growth forecast for 2022-2023?
Is UAA a buy or sell?
Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy)....Consensus Analyst Price Target.High Price Target$40.00Low Price Target$10.001 more row
How much money is Under Armour worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Under Armour net worth as of June 24, 2022 is $4.56B.
What is the difference between Under Armour UA and UAA stock?
UAA Stock Differences. The most striking difference between UA stock and UAA stock is that the former has no voting rights, while the latter has one vote per share. The ticker "UA" represents Class C shares, while "UAA" represents Class A voting shares.
What is Dwayne Johnson's brand?
Project RockProject Rock, actor Dwayne Johnson's athletic-wear label with Under Armour Inc., has signed a multiyear deal with the Ultimate Fighting Championship to bring his shoes to the mixed-martial arts promotion's bouts.
Why is Under Armour stock so cheap?
Under Armour reported an unexpected loss and sales below estimates as the company grappled with global supply chain challenges and Covid lockdowns in China. The athletic apparel retailer's stock fell as it also issued profit guidance that came in below Wall Street estimates.
Does Under Armour pay dividends?
Does Under Armour pay a dividend? At the present time we do not pay a dividend on our common stock.
Why did UAA stock drop?
UAA plunged 23.8% during the trading session on May 6, following the company's lackluster performance in the transition quarter ended Mar 31, 2022 and a muted outlook for fiscal 2023. The impact of supply chain disruptions and higher shipping costs was visible in the sportswear maker's quarterly results.
What is Under Armour's revenue goal for 2021?
Under Armour's stated goals for 2021 are to simply get its business back to where it was previously . It's projecting double-digit year-over-year revenue growth in 2021, taking it back to its 2019 figure at around $5.2 billion. And the company hopes its operating margin can reach double-digit levels long term, also what it generated in previous years. For what it's worth, management said its business is now set up to break even around $4.7 billion in annual revenue, so its revenue goal should help it achieve the profitability it's targeting.
Is Under Armour a short term stock?
Under Armour already trades in line to slightly above where it traded for much of 2019. Therefore, this isn't even a short-term value-stock opportunity. If you buy the stock today, you're counting on its business returning to what it once was and also expecting it to reach new heights.
What happened
Shares of athletic apparel maker Under Armour ( UA 0.21% )( UAA -0.06% ) dropped 13% in September according to data provided by S&P Global Market Intelligence. There wasn't any significant news about Under Armour in September, and in August the company demonstrated solid growth and raised its full-year guidance.
So what
Under Armour has been undergoing challenges for several years. Once a leading contender to challenge Nike for the top spot in activewear, the company began to decline amid a brand that went from premium to mass market and fraud allegations.
Now what
In the second-quarter conference call, CFO David Bergman said that the supply issued negatively affected the company's gross margin by 10 basis points. He also said that third-quarter supply chain problems were already factored into the company's outlook, but that it's "a developing situation."
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UA Stock vs. UAA Stock Differences
The most striking difference between UA stock and UAA stock is that the former has no voting rights, while the latter has one vote per share. The ticker "UA" represents Class C shares, while "UAA" represents Class A voting shares.
The Rationale Behind Under Armour's Two Stock Classes
Under Armour's dual-class shares aren't wholly unique. A number of other prominent public companies have more than one class of shares as well.
The Future of Dual-Class Shares
While the 2010s were the heyday of the dual-class share structure, its popularity could also be its undoing.
Should You Buy UA or UAA Stock?
When it comes to the implications for current or prospective Under Armour shareholders, the practical takeaway is that both UA and UAA offer virtually no say over how the company will operate.
