Buy/Sell Signals for Under Armour Inc. (UA) and Zillow Group Inc. (Z)

You should consider shares of Under Armour Inc. (NYSE:UA) and Zillow Group Inc. (NASDAQ:Z) if you are looking for a great stocks to invest in. Starting with the UA shares, which traded at $16.63 at the close of the recent session, dropping -1.42%. On Tuesday, the company’s shares shed -$0.24 from its value which represented in intraday trading. The stock is now -25.53% lower in year-to-date (YTD) trading. UA’s intraday high was $16.79 while its lowest price touched $16.40. The stock’s 52-week high price is $24.55, which means the current price is at -32.26%. In terms of trading activity, the daily trading volume fell to 2224719 against 200-day average trading volume of 2,252,821 shares.

What are analyst forecasts for Under Armour Inc. (NYSE:UA)?

At a consensus rating of 2.00, UA is trending as a streaking Moderate Sell, as it has been the case a month ago when 2 analysts called it a Hold. Two months ago, 2 analysts recommended, on average, that UA stock is a Hold. The Consumer Goods company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $16.53 on the day.

Forecasts for Under Armour Inc. (NYSE:UA) give the stock a fair value for the growth of 16.85% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $20.00, which means the price per share could rise by nearly $3.37. The price range target is between a low of $12.00 and a high of $30.00. The stock would need to gain by about $44.57 to hit the estimated high or 0.9% from its 12-month low.

The consensus among 29 analysts is that it is a good time for one to Hold in the Under Armour Inc. 7 analysts rate UA as a Buy, with 2 of 29 analysts rate it as a Sell. 0 have valued the stock as Overweight and 18 have recommended that investors Hold.

Under Armour Inc. (NYSE:UA) Upgrades and Downgrades

In terms of rating changes, Instinet on February 27, 2017, Downgrade Under Armour Inc. (UA) at Reduce. Analysts at Morgan Stanley have assigned a Equal-Weight rating for the stock in their research note on February 14, 2017. Moreover, Stifel analysts issued a rating of Hold for the stock on November 28, 2016, giving it a price target of $28 for the next 12 months. On October 26, 2016, the stock earned a Market Perform rating due to an analyst call from Telsey Advisory Group, while analysts from Mizuho on October 26, 2016 suggested that the stock is Neutral.

Zillow Group Inc. (NASDAQ:Z) adds $0.32 on Tuesday

The Z stock has risen 27.23% year-to-date and is currently trading at $40.18, which is -21.93% below its 52-week high. The company shares gained 0.80% on the day and have risen nearly 44.99% off a low hit. At current levels, Zillow Group Inc. has a valuation of about $2.16B. As of 12/03/19, this stock has fallen -1.74% during the week and closed at $39.86 in the previous session. However, recent Zillow Group Inc. stock performance shows that Z shares are 19.26% up over the last month, and 24.67% up for the last three months.

Earnings per share (EPS) estimates for the current quarter are $0, with the trailing 12-month share earnings at -$1.47. The ratio is expected to be down by -259.00% for the current year 2019 and -83.90% for next year. Over the next 5-year period, earnings per share will be 93.70%. But will the Z stock surprise in the current quarter results, where the -$0.12 actual EPS reported on 9/29/2019 surprised by 45.50% or was higher by $0.1 from the estimated -$0.22.

Sales Growth to climb 84.00% for the year

How well will Zillow Group Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $805.5M and $818.1M in current quarter sales. The consensus estimated for the current quarter is $811M from sales. Forecasts for this fiscal year are between $2.6B and $2.62B and the consensus estimate for sales is at $2.61B. Z has its next quarter sales estimates at between $866.23M and $1.03B, with the quarter-over-quarter growth estimates at 111.20% and the annual growth forecast for the year at 84.00%.

Who owns shares in Zillow Group Inc. (Z)?

Let’s briefly focus on the share ownership of the Zillow Group Inc. (NASDAQ:Z) stock, where we find that 2.55% of shares are held by institutions. Caledonia (Private) Investments Pty Ltd tops the list of institutional owners as it is holding 35.27 million shares or 24.71% of shares outstanding. Baillie Gifford and Company and Vanguard Group, Inc. (The) held 11.47 million and 9.91 million representing 8.04% and 6.94% respectively at the close of the last trading session. As of Sep 29, 2019, Srs Investment Management, Llc accounted for 7.45 million shares at over 222.15 million. This represented 5.22% of shares outstanding. Blackrock Inc. held 6.44 million shares at over 191.97 million representing 4.51% of shares outstanding.

Z Insider Activity

Insider activity can also give a signal in terms of price direction. Looking at Zillow Group Inc. (Z), a total of 533608 shares have been sold by insiders over the last 6 months while 197801 shares were added in the same time span. On 5/24/2019, Director by the name Tcmi Inc bought 642903.0 shares worth $27.0 million at the price of $41.95 per share. Filings also show that Tcmi Inc bought a total of 488436.0 shares on 5/28/2019 valued at $20.5 million. Since the last insider activity, the company’s share price has dropped -4.37%.