Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, UWM Holdings Corporation (NYSE: UWMC) closed at $5.97 up 1.53% from its previous closing price of $5.88. In other words, the price has increased by $1.53 from its previous closing price. On the day, 1.23 million shares were traded. UWMC stock price reached its highest trading level at $5.98 during the session, while it also had its lowest trading level at $5.76.
Ratios:
For a deeper understanding of UWM Holdings Corporation’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 101.47 whereas as Long-Term Debt/Eq ratio is at 51.17.
On October 08, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $6 to $8.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on April 09, 2024, while the target price for the stock was maintained at $6.
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 Sep 16 ’24 when Mat Ishbia sold 1,200,000 shares for $8.45 per share. The transaction valued at 10,140,000 led to the insider holds 0 shares of the business.
Mat Ishbia sold 10,842,012 shares of UWMC for $91,615,001 on Sep 13 ’24. The President and CEO now owns 0 shares after completing the transaction at $8.45 per share. On Aug 30 ’24, another insider, Mat Ishbia, who serves as the President and CEO of the company, sold 5,000,000 shares for $9.11 each. As a result, the insider received 45,550,000 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UWMC now has a Market Capitalization of 9868589056 and an Enterprise Value of 14545065984. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.53 while its Price-to-Book (P/B) ratio in mrq is 5.66. Its current Enterprise Value per Revenue stands at 5.333 whereas that against EBITDA is 48.453.
Stock Price History:
The Beta on a monthly basis for UWMC is 1.70, which has changed by -0.14658928 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, UWMC has reached a high of $9.74, while it has fallen to a 52-week low of $5.31. The 50-Day Moving Average of the stock is -1.30%, while the 200-Day Moving Average is calculated to be -16.98%.
Shares Statistics:
For the past three months, UWMC has traded an average of 3.37M shares per day and 2357440 over the past ten days. A total of 157.91M shares are outstanding, with a floating share count of 120.53M. Insiders hold about 23.67% of the company’s shares, while institutions hold 45.45% stake in the company. Shares short for UWMC as of 1736899200 were 16281559 with a Short Ratio of 4.83, compared to 1734048000 on 14710066. Therefore, it implies a Short% of Shares Outstanding of 16281559 and a Short% of Float of 10.3599995.
Dividends & Splits
According to the company, the forward annual dividend rate for UWMC is 0.40, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06802721
Earnings Estimates
A detailed examination of UWM Holdings Corporation (UWMC) is currently in progress, with 9.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.08, with high estimates of $0.1 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.31 and $0.16 for the fiscal current year, implying an average EPS of $0.22. EPS for the following year is $0.43, with 8.0 analysts recommending between $0.54 and $0.31.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $645.75M this quarter.It ranges from a high estimate of $776M to a low estimate of $559M. As of the current estimate, UWM Holdings Corporation’s year-ago sales were -$114.58MFor the next quarter, 6 analysts are estimating revenue of $587.44M. There is a high estimate of $631.6M for the next quarter, whereas the lowest estimate is $562.8M.
A total of 6 analysts have provided revenue estimates for UWMC’s current fiscal year. The highest revenue estimate was $2.21B, while the lowest revenue estimate was $1.87B, resulting in an average revenue estimate of $2.12B. In the same quarter a year ago, actual revenue was $1.31BBased on 6 analysts’ estimates, the company’s revenue will be $2.67B in the next fiscal year. The high estimate is $2.93B and the low estimate is $2.32B.
