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After finishing at $6.03 in the prior trading day, Uniti Group Inc (NASDAQ: UNIT) closed at $4.44, down -26.37%. In other words, the price has decreased by -$26.37 from its previous closing price. On the day, 20.97 million shares were traded. UNIT stock price reached its highest trading level at $5.79 during the session, while it also had its lowest trading level at $4.175.
Ratios:
Our goal is to gain a better understanding of UNIT by taking a closer look at its different ratios.
On November 16, 2020, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $6 to $10.
Wells Fargo Upgraded its Underweight to Equal Weight on August 12, 2020, while the target price for the stock was maintained at $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNIT now has a Market Capitalization of 1066612352 and an Enterprise Value of 6773814784. As of this moment, Uniti’s Price-to-Earnings (P/E) ratio for their current fiscal year is 79.43, and their Forward P/E ratio for the next fiscal year is 8.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87. Its current Enterprise Value per Revenue stands at 5.909 whereas that against EBITDA is 7.662.
Stock Price History:
The Beta on a monthly basis for UNIT is 1.40, which has changed by 0.59102905 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, UNIT has reached a high of $6.71, while it has fallen to a 52-week low of $3.07. The 50-Day Moving Average of the stock is -24.75%, while the 200-Day Moving Average is calculated to be -17.27%.
Shares Statistics:
The stock has traded on average 2.04M shares per day over the past 3-months and 3056560 shares per day over the last 10 days, according to various share statistics. A total of 236.56M shares are outstanding, with a floating share count of 230.97M. Insiders hold about 3.26% of the company’s shares, while institutions hold 85.61% stake in the company. Shares short for UNIT as of 1713139200 were 17472900 with a Short Ratio of 8.55, compared to 1710460800 on 19787464. Therefore, it implies a Short% of Shares Outstanding of 17472900 and a Short% of Float of 10.97.
Dividends & Splits
In the trailing 12 months, UNIT’s forward annual dividend rate was 0.6, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 0.09950249The stock’s 5-year Average Dividend Yield is 8.45.
Earnings Estimates
The performance of Uniti Group Inc (UNIT) in the stock market is under the watchful eye of 9.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.09, while EPS last year was -$0.08. The consensus estimate for the next quarter is $0.12, with high estimates of $0.15 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.61 and $0.36 for the fiscal current year, implying an average EPS of $0.48. EPS for the following year is $0.54, with 10.0 analysts recommending between $0.69 and $0.34.
Revenue Estimates
8 analysts predict $287.54M in revenue for the current quarter. It ranges from a high estimate of $289M to a low estimate of $285.6M. As of the current estimate, Uniti Group Inc’s year-ago sales were $286.47MFor the next quarter, 8 analysts are estimating revenue of $289.73M. There is a high estimate of $291.1M for the next quarter, whereas the lowest estimate is $288.15M.
A total of 10 analysts have provided revenue estimates for UNIT’s current fiscal year. The highest revenue estimate was $1.17B, while the lowest revenue estimate was $1.16B, resulting in an average revenue estimate of $1.16B. In the same quarter a year ago, actual revenue was $1.15BBased on 10 analysts’ estimates, the company’s revenue will be $1.2B in the next fiscal year. The high estimate is $1.22B and the low estimate is $1.18B.
