With a one year PEG ratio of 0.51, Under Armour Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than only 17.25% of US stocks.
With a year-over-year growth in debt of 73.09%, Under Armour Inc's debt growth rate surpasses 84.36% of about US stocks.
Over the past twelve months, UAA has reported earnings growth of -1,613.31%, putting it ahead of only 1.01% of US stocks in our set.
Stocks that are quantitatively similar to UAA, based on their financial statements, market capitalization, and price volatility, are NTN, ISIG, DBI, UIHC, and NVFY.
Under Armour develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company was founded in 1996 and is based in Baltimore, Maryland.
Under Armour reportedly is looking to sell MyFitnessPal, a smartphone app and website that tracks diet and exercise. Under Armour is looking to sell the app, which it bought in 2015 for around $475 million, according to The Information, which cited two people familiar with the matter. Founded in 2005, MyFitnessPal had 80 million users at the time it was purchased.
This past weekend, athletic apparel company Under Armour (NYSE: UA) (NYSE: UAA) informed collegiate sports powerhouse UCLA that it wanted out the 15-year, $280 million sponsorship deal it signed in 2016. Under Armour didn't specify if the "extended period of time" in question was solely due to coronavirus-related cancellations or if it had more to do with UCLA's somewhat diminished reputation of late as a sports powerhouse. It wouldn't be naive of investors to wonder, however, if the proposed end to the largest collegiate athletics sponsorship deal on record actually points to a much bigger fiscal problem for the company.