How to Buy Under Armour Stock
Under Armour Inc
Under Armour is a apparel manufacturing company located in Maryland, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker UAA on the NYSE exchange.
Under Armour stock last closed at $6.85, up 0% from the previous day, and has decreased 23.46% in one year. It has underperformed other stocks in the Apparel Manufacturing industry by 0.36 percentage points. Under Armour stock is currently +8.9% from its 52-week low of $6.29, and -27.89% from its 52-week high of $9.50.
As of Apr 24, 2024, there are 435.28M shares of UAA outstanding. The market cap of UAA is $2.98B. In the past 24 hours, 4.39M UAA shares were traded.
How to Buy Under Armour Stock
Not sure how to invest in Under Armour stock? Here's how.
- Figure out where to buy Under Armour stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Under Armour stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your information.
- Research Under Armour stock: The Under Armour ticker symbol is UAA. Is Under Armour stock a good investment? Should you buy shares of UAA? How do UAA's underlying business fundamentals look? Do top analysts think Under Armour is a good buy? Why has UAA's stock price moved recently? (Hint: Our stock market research website can help you evaluate if UAA is a good stock to buy).
- Execute your UAA buy order: Decide if you will purchase UAA shares at the current market price or use a limit order to purchase UAA stock at a given price.
- Monitor your UAA investment: Create a watchlist to important updates regarding your investment in Under Armour stock.
Step 1: Figure out where to buy Under Armour stock
You need an online brokerage account in order to access the NYSE market and buy UAA shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to invest in UAA stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on apps for stock market, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Research Under Armour stock
Once you have decided on the best place to buy Under Armour stock, it's critical to evaluate their stock prior to buying, so you truly understand the risk as well as the opportunity.
Overview of key UAA info
UAA Zen Score
WallStreetZen was created to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on UAA's stock page.
Is UAA stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge UAA's fair value.
Using relative valuations ratios:
- UAA may be undervalued based on its P/E ratio of 7.53x, relative to Apparel Manufacturing industry P/E ratio of 18.86x
- UAA could be undervalued based on its P/B ratio of 1.37x, relative to Apparel Manufacturing industry P/B ratio of 2.54x
- UAA could be undervalued based on its PEG ratio of 0.73x
You can access additional valuation analysis on UAA's stock here.
UAA Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the UAA balance sheet.
- There are more short-term assets than long-term liabilities on the UAA balance sheet.
- UAA profit margin has gone up from 2.7% to 7% in the past year.
- UAA's operating cash flow of $408.81M allows it to safely service it's debt of $1.47B.
- UAA earnings of $297.41M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- UAA has a relatively high debt to equity ratio of 1.32.
- Total UAA debt is higher than 5 years ago, relative to shareholder equity.
Is UAA stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Equities analysts who monitor UAA, the consensus analyst rating on Under Armour is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Under Armour stock forecast page.
Metrics for Advanced UAA Traders
UAA Growth Metrics
Last year, UAA earnings were $402.85M. During the last four year, UAA's earnings have grown by 46.05% per year. This was faster than the Apparel Manufacturing industry average of 0.52%.
Last year, UAA revenue was $5.77B. Over the past five year, UAA's revenue has increased by 2.12% per year. This was slower than the Apparel Manufacturing industry average of 2.71%.
Dig into UAA's earnings and revenue performance here.
Latest Insiders Trades at UAA
Over the past 12 months, executives and large shareholders at UAA have sold more shares than they have bought.
Kevin A. Plank, Exec. Chair Brand Chief of UAA, was the latest UAA insider to sell. They sold $19,939,357.50 worth of UAA stock on May 31, 2023.
Get more info about who owns UAA stock here.
Does UAA stock generate passive income?
No, Under Armour doesn't provide an income stream by paying out dividends.
What others are saying about UAA
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your UAA buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Monitor your UAA investment
Now that you own some UAA stock, you'll want to keep up with your investment.
Start a watchlist to get notified of important updates regarding your UAA stock.
UAA Feed
How to Buy Stock in Under Armour
To reiterate, here are the 6 steps to buy stock in Under Armour:
- Figure out where to buy Under Armour stock
- Sign up for your brokerage account
- Fund your investment account
- Research Under Armour stock
- Execute your UAA buy order
- Monitor your UAA investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Under Armour, create your watchlist below.
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