NYSE:UAA - New York Stock Exchange, Inc. - US9043111072 - Common Stock - Currency: USD
The heavy selling pressure might have exhausted for Under Armour (UAA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Under Armour (UAA) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Online fashion resale marketplace ThredUp (NASDAQ:TDUP) will be announcing earnings results tomorrow afternoon. Here’s what investors should know.
The heavy selling pressure might have exhausted for Under Armour (UAA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Retail sentiment on Stocktwits jumped further into the ‘extremely bullish’ territory.
Shares of athletic apparel maker Under Armour rose in premarket trading Thursday after the company's third-quarter sales and adjusted profit topped estimates.
Athletic apparel company Under Armour (NYSE:UAA) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 5.7% year on year to $1.40 billion. Its non-GAAP profit of $0.08 per share was significantly above analysts’ consensus estimates.
Under Armour Inc. raised its annual profit guidance, signaling that its turnaround strategy is working.
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