A look at its monthly performance shows that Under Armour, Inc. (NYSE:UA) has recorded a 12.04% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 60.59% and is now up by 23.75% since start of this year. The equity price rose 4.76% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price dipped by -3.52% over the past three months which led to its overall six-month increase to stand at 4.55%.
Experts from research firms are bullish about the near-term performance of Under Armour, Inc. with most of them predicting a $15.5 price target on a short-term (12 months) basis. The average price target by the analysts will see a -22.54% rise in the stock and would lead to UA’s market cap to surge to $0. The stock has been rated an average 3, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 31 analysts that track Under Armour, Inc. (NYSE:UA) and find out that 17 of them rated it as a Hold. 7 of the 14 analysts rated it as a Buy or a Strong Buy while 7 advised investors to desist from buying the stock or sell it if they already possess it.
A look at UA technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 65.01 point. Its trading volume has added 7304390 shares compared to readings over the past three months as it recently exchanged 10144390 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 2840000 shares, and this is 3.57 times the normal volume.
The OI stock Stochastic Oscillator (%D) is at 32.07%, which means that it is currently neutral. The shares P/S ratio stands at 0.46 which compares to the 1.08 recorded by the industry or the 2.72 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 6.09, which is lower than the 23.04 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -1.4% over the past five years.
Analysts view Owens-Illinois, Inc. (NYSE:OI) as a Hold, with 2.7 consensus rating. Reuters surveyed 14 analysts that follow OI and found that 9 of those analysts rated the stock as a Hold. The remaining 5 were divided, with 3 analyst rating it as a Buy or a Strong Buy while 2 analysts advised investors to desist from buying Owens-Illinois, Inc. (OI) shares or sell it if they already own it.