What is the Under Armour stock price all-time high?
The all-time high Under Armour stock closing price was 52.05 on September 17, 2015. The Under Armour 52-week high stock price is 27.28, which is 39.4% above the current share price. The Under Armour 52-week low stock price is 17.52, which is 10.5% below the current share price.
Is Under Armour’s soft outlook a threat to the business?
That soft outlook is no threat to the wider investing thesis for the business since executives believe supply chain issues will ease beginning in mid-2022. However, investors were hoping that Under Armour could avoid significant inventory challenges, which now appear set to have a meaningful (if temporary) impact on growth this year.
What is Under Armour known for?
Under Armour, the originator of performance footwear, apparel and equipment, revolutionized how athletes across the world dress. Designed to make all athletes better, the brand's innovative products are sold worldwide to athletes at all levels.
Should you buy lululemon athletica and Under Armour stock?
John Ballard has no position in any of the stocks mentioned. The Motley Fool owns and recommends Lululemon Athletica, Nike, and Under Armour (C Shares). The Motley Fool recommends Under Armour (A Shares). The Motley Fool has a disclosure policy.
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Why did Under Armour stock go up?
The changes have expanded gross margins—they topped 50% in 2021—at the same time that Under Armour is generating more money. The company produced nearly $600 million in cash last year, about 8.4% of its stock market value, and it ended 2021 with $1.7 billion in cash and equivalents, more than double 2019 levels.
What was Under Armour's highest stock price?
The latest closing stock price for Under Armour as of July 01, 2022 is 8.50. The all-time high Under Armour stock closing price was 52.05 on September 17, 2015. The Under Armour 52-week high stock price is 27.28, which is 220.9% above the current share price.
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.
Why has Under Armour stock dropped?
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.
When did Under Armour stock split?
The first split for UA took place on July 10, 2012. This was a 2 for 1 split, meaning for each share of UA owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. UA's second split took place on April 15, 2014.
Is UAA stock a good buy?
Out of 22 analysts, 5 (22.73%) are recommending UAA as a Strong Buy, 5 (22.73%) are recommending UAA as a Buy, 12 (54.55%) 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 Under Armor a good investment?
One of the top athletic apparel brands has been a lousy investment over the last 10 years. Shares of Under Armour (UA 1.19%) (UAA 2.04%) are down 28% since April 2012, underperforming the S&P 500 return of 209%. But the stock could be set for much better showing over the next decade.
What's the difference between 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.
Is unity a buy?
Unity stock might not be worth buying today, but it certainly isn't worth selling, either. Unity needs to clearly show that it is successfully retraining its machine learning engine with good data that will pay off for customers aiming to make money off their video games.
Is Under Armour losing money?
And the company posted a quarterly loss of $60 million, or 13 cents per share, compared with a profit of $77.8 million, or 17 cents per share in 2021′s first three months. On an adjusted basis, Under Armour lost $3 million, or a penny a share.
Why is UAA stock down?
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.
When did Under Armour go public?
The company went public in November of that year.
Who is the founder of Under Armour?
Kevin Plank founded the performance sports apparel company, Under Armour ( NYSE:UA) ( NYSE:UAA), on an idea that he had as a walk-on football player at the University of Maryland. The story goes that the cotton T-shirt Plank wore under his uniform would hold so much sweat, he felt it slowed him down. He was determined there had to be a better way.
Where is Under Armour located?
Under Armour's 25,000 square foot Brand House store in Chicago. Image Source: Under Armour. After his successful senior year Valentine's day sale blitz, the 22-year-old Plank started to do research and development work on the T-shirt that launched his billion dollar business.
Did Under Armour capitalize word of mouth?
Plank would take the order and figure out how to deliver. Under Armour continued to capitalize on the word of mouth recommendations of Plank's growing network of NFL football players. So much so that the company was offered the license for NFL Europe for free.
What happened
Shares of Under Armour (NYSE: UAA) (NYSE: UA) jumped on Tuesday after the maker of athletic apparel delivered a strong third-quarter earnings report.
So what
Under Armour's revenue rose 8% year over year to $1.5 billion, fueled by strong growth in international markets. The gains were broad-based, with wholesale revenue rising 10% to $911 million and direct-to-consumer sales growing 12% to $604 million.
Now what
These strong results and ongoing positive sales trends prompted Under Armour to raise its full-year guidance.
What happened
The stock of Under Armour ( UAA -2.36% ) ( UA -1.52% ) lost ground to the market on Friday, dropping 9% by 12:30 p.m. ET today, compared to a 0.3% decline in the S&P 500. The decline was sparked by news that the retailer is struggling with supply chain challenges.
So what
Revenue for the holiday period that ended in late December was up 8% after accounting for currency exchange swings. That result was just above most investors' hopes.
Now what
Instead of that good news, investors focused on management's cautious outlook for the next several months. For the current quarter, sales will rise in the mid-single-digit range, executives said.
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The sportswear company got a downgrade from Moody's
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What happened
Shares of Under Armour ( NYSE:UAA) ( NYSE:UA) were falling today as the company received a downgrade from Moody's, the latest sign of trouble at the sports apparel retailer. As of 3:07 p.m. EDT on Thursday, Class A shares (UAA), which hold voting rights, were down 7.9%, while nonvoting Class C shares (UA) were down 10.5%.
So what
The ratings agency lowered its corporate family rating on Under Armour from Ba1 to Ba2, putting it further into junk territory, and it gave the company a negative outlook.
Now what
Moody's isn't really saying anything new here, though the credit agency's critiques deserve to be taken seriously. Under Armour has been struggling for several years as a number of poor decisions and bad p.r. have hammered the stock.
