Mar 13, 2024
 in 
Hot Stocks 🔥

Under Armour Company Leaders Invest In The Sportswear Company Themselves

Name of opportunity: 👀

Under Armour, Inc

Working out: 🏋️‍♀️

Stock in Under Armour, or UAA, is up 15.22% in the last 6 months.

The company’s earnings per share has increased by 48% a year over the last 3 years, according to one analyst from Simply Wall St. This might predict continued growth for the company. 

The fact that company leaders at Under Armour invest so much capital in the company themselves suggests that they feel confident about the future. It also means Under Armour is likely to make decisions that benefit shareholders, and that shareholders’ interests and the company’s interests could match up well.

How hot is this investment opportunity? 🔥🔥🔥

Analysts rate UAA as a ‘Buy’ currently. Investors who put in $1000 could profit $148.48 in 12 months time, if the stock’s value does increase by the predicted 14.85%. 

Under Armour's total revenue for the trailing twelve months is $5.77 billion. Demand is high for this company’s products. 

Don’t sweat it: 🎽

Under Armour’s first products were items of sportswear made from synthetic fabrics that wick sweat away from the body, which launched on the market in 1996. The company makes athletic clothes, footwear and accessories. Under Armour still specialises in state of the art materials designed to increase athletic performance, with trademarked fabrics which aim to keep you cool, keep you warm, reduce odour or which are even embedded with infrared technology.

In 2015, Under Armour bought the app MyFitnessPal, but it was sold in 2020 to investment firm Francisco Partners for $345 million in order to streamline and focus the business. 

Which neme?: 🔍

‘Sports’

Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.