The leading market experts have placed a mean price target of $53.620 on Under Armour, Inc. (NYSE:UA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.240 a share for the upcoming quarter and $0.580 for the current fiscal.
The technical analysis of Under Armour, Inc. Class A Comm plainly substantiates that the 50-day moving average of Under Armour, Inc. Class A Comm is $40.015, and stock is trading $-0.720 points away or -1.799% from its 50-day moving average of $40.015. Further it is trading $-0.893 or -2.222% away its 200-day moving average of $40.188. Under Armour, Inc. (NYSE:UA) 52-week high is $52.945 and the 52-week low is $31.615.
This explains if the stock moves $-13.650, it will post a 52-week high. In event of +24.292% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Under Armour, Inc. Class A Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Under Armour, Inc. (NYSE:UA) ratio came in at 101.276.
The stock last ended the trading session at $39.295 and registered a market cap of $17.18B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Under Armour, Inc. (NYSE:UA) PEG ratio is at 2.400.
1 Chart Pattern Every Investor Should Know
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