5 Reasons Under Armour stock may not trade under $10 for long
Under Armour(UA) MarketBeat·2024-01-03 15:01
Key PointsWhen Under Armour reports fourth quarter results next month, the market could be in for a blowout performance.With a current P/E ratio of 14x, UAA may become an attractive buy candidate if the value style of investing supplants growth in 2024 as some expect.With DTC now representing about 40% of total revenue, store count growth and effective technology investments will largely dictate the turnaround story.5 stocks we like better than Under ArmourOn two occasions last year, Under Armour, Inc. NYSE ...