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, down 1.15% from the previous day, and has decreased 11.61% in one year. It has underperformed other stocks in the Apparel Manufacturing industry by 0.14 percentage points. Under Armour stock is currently +7.37% from its 52-week low of $6.38, and -47.49% from its 52-week high of $13.05.
There are currently 445.34M shares of UAA outstanding. The market value of UAA is $3.05B. In the past 24 hours, 5.59M 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 brokerages and apps to help you decide where to buy Under Armour stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your info.
- 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 analysis website can help you figure out 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 particular price.
- Monitor your UAA investment: Create a watchlist to get the latest news on your new investment in Under Armour stock.
Step 1: Figure out where to buy Under Armour stock
You will need an online brokerage account in order to access the NYSE market and buy UAA shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to invest in UAA stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal info to start your new brokerage account.
- Send your info by hitting the "Create Account" button.
Step 3: Fund your investment account
Now that you've created your account on our top ranked stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Research Under Armour stock
After you have selected the best place to buy Under Armour stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk as well as the opportunity.
Under Armour shares data
Under Armour Fundamentals
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on UAA's stock page.
What is the fair value of UAA stock?
Investors use many financial metrics, analyses, models, and charts to gauge UAA's intrinsic value.
Using relative valuations methods:
- UAA could be undervalued based on its P/E ratio of 7.97x, relative to Apparel Manufacturing industry P/E ratio of 22.36x
- UAA could be undervalued based on its P/B ratio of 1.52x, relative to Apparel Manufacturing industry P/B ratio of 2.13x
- UAA could be undervalued based on its PEG ratio of 0.9x
You can access additional valuation analysis on UAA's stock here.
How do UAA Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the UAA balance sheet.
- UAA profit margin has gone up from 3% to 6.6% in the past year.
- There are more short-term assets than long-term liabilities on the UAA balance sheet.
- UAA has cash burn of 288019000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- UAA has a relatively high debt to equity ratio of 1.43.
- Total UAA debt is higher than 5 years ago, relative to shareholder equity.
- UAA has $703.59M in cash and short term investments. This is not enough to cover its annual cash burn of $288.02M.
Is UAA stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Wall Street analysts who give ratings on UAA, the consensus analyst rating on UAA is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest UAA Analyst Forecasts
Joe Feldman, a bottom 7% analyst from Telsey Advisory Group maintains UAA with a hold rating and lowers their UAA price target from $10.00 to $9.00, on Aug 9, 2023.
Kate Fitzsimons, a top 10% analyst from Wells Fargo downgrades UAA to a hold rating and lowers their UAA price target from $12.00 to $8.00, on Jun 23, 2023.
Jonathan Komp, a top 23% analyst from Baird maintains UAA with a hold rating and raises their UAA price target from $9.00 to $10.00, on May 10, 2023.
Kimberly Greenberger, a bottom 2% analyst from Morgan Stanley maintains UAA with a hold rating and lowers their UAA price target from $10.00 to $8.00, on May 10, 2023.
Adrienne Yih, a top 6% analyst from Barclays maintains UAA with a hold rating and lowers their UAA price target from $9.00 to $8.00, on May 10, 2023.
You can dive deeper into what analysts are saying on the Under Armour stock forecast page.
Metrics for Advanced UAA Traders
UAA Performance Metrics
Last year, UAA earnings were $387.64M. In the last 4 year, UAA's earnings have gone up by 45.86% per year. This was faster than the Apparel Manufacturing industry average of 2.83%.
Last year, UAA revenue was $5.87B. During the past 5 year, UAA's revenue has increased by 2.7% per year. This was slower than the Apparel Manufacturing industry average of 3.85%.
Find out more about UAA's earnings and revenue performance here.
Are UAA executives and large shareholders buying or selling the stock?
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 shares on May 31, 2023.
Research more about who owns UAA shares here.
Can I get consistent income from UAA stock?
No, Under Armour doesn't provide an income stream by paying out dividends.
What do other investors have to say about UAA?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your UAA buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your UAA investment
Now that you own some UAA shares, you'll want to keep up with your investment.
Add UAA to a watchlist to keep track of your UAA stock.
UAA Feed
How to Buy Stock in Under Armour
To reiterate, here are the 6 steps you need to take to buy Under Armour stock right now:
- 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 are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Under Armour, click below.
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