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Discussing Under Armour’s Stock Market Performance

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Feb. 1 2018, Updated 7:33 a.m. ET

A look at UAA’s stock market performance

Under Armour’s (UAA) unimpressive financial performance over the last two years has hit its stock price hard. After the company delivered strong performances in 2014 and 2015, its stock price slid 30% and 50% in 2016 and 2017, respectively. Under Armour was among the top S&P 500 losers in 2017.

In comparison, most of UAA’s close sportswear competitors stayed in the green during 2017. Nike (NKE), Skechers (SKX), Columbia Sportswear (COLM), and Lululemon Athletica (LULU) surged 23%, 50%, 23%, and 21%, respectively, in the year. The S&P 500 Apparel and Accessories Index, which also includes Under Armour, rose close to 20% during the year. The S&P 500 Index (SPX) also jumped ~19%.

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Year-to-date stock performance

Under Armour started the new year on a positive note, surging more than 10% in the first three trading days. However, a couple of Wall Street downgrades, which we’ll discuss in the next article, drove down its stock price. The sportswear player is now trading at $14.53, a rise of 1% year-to-date.

What to expect from UAA stock this year

Wall Street doesn’t expect a revival in UAA’s stock price in the near term. In fact, UAA’s stock price is expected to fall 6% to $13.75 over the next 12 months.

Wall Street doesn’t see substantial upsides for many of UAA’s sportswear competitors either. Analysts expect the stock prices of Nike and Columbia Sportswear to fall 3% and 2%, respectively, while they expect Lululemon and Skechers to rise 4% each.

Move on to the next article to learn more about Wall Street’s recommendations on the company.

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