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In the latest session, Uniti Group Inc (NASDAQ: UNIT) closed at $5.47 down -0.91% from its previous closing price of $5.52. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 0.75 million shares were traded. UNIT stock price reached its highest trading level at $5.52 during the session, while it also had its lowest trading level at $5.39.
Ratios:
For a deeper understanding of Uniti Group Inc’s stock, let’s take a closer look at its various ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on May 06, 2024, Downgraded its rating to Outperform and sets its target price to $6 from $8 previously.
On November 07, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $3.50.
Citigroup Upgraded its Sell to Neutral on November 16, 2020, whereas the target price for the stock was revised from $6 to $10.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 06 ’24 when Mudry Ronald J. sold 28,693 shares for $3.94 per share. The transaction valued at 113,050 led to the insider holds 513,761 shares of the business.
THE MUDRY FAM RLT bought 28,693 shares of UNIT for $113,071 on Aug 06 ’24.
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 1335309056 and an Enterprise Value of 7237398016. As of this moment, Uniti’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.14, and their Forward P/E ratio for the next fiscal year is 13.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15. Its current Enterprise Value per Revenue stands at 6.243 whereas that against EBITDA is 8.24.
Stock Price History:
Over the past 52 weeks, UNIT has reached a high of $6.71, while it has fallen to a 52-week low of $2.57. The 50-Day Moving Average of the stock is -4.59%, while the 200-Day Moving Average is calculated to be 14.23%.
Shares Statistics:
For the past three months, UNIT has traded an average of 2.19M shares per day and 2066320 over the past ten days. A total of 237.49M shares are outstanding, with a floating share count of 227.95M. Insiders hold about 6.62% of the company’s shares, while institutions hold 82.90% stake in the company. Shares short for UNIT as of 1732838400 were 12765961 with a Short Ratio of 5.90, compared to 1730332800 on 13236629. Therefore, it implies a Short% of Shares Outstanding of 12765961 and a Short% of Float of 7.8200005.
Dividends & Splits
According to the company, the forward annual dividend rate for UNIT is 0.30, from 0.45 in the trailing year. Against a Trailing Annual Dividend Yield of 0.081521735The stock’s 5-year Average Dividend Yield is 8.43.
