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The closing price of Uniti Group Inc (NASDAQ: UNIT) was $5.30 for the day, down -1.30% from the previous closing price of $5.37. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 0.78 million shares were traded. UNIT stock price reached its highest trading level at $5.485 during the session, while it also had its lowest trading level at $5.29.
Ratios:
Our analysis of UNIT’s different ratios will help us gain a deeper understanding of the company.
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 1273208448 and an Enterprise Value of 6831484928. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10. Its current Enterprise Value per Revenue stands at 5.941 whereas that against EBITDA is 7.674.
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 $2.94. The 50-Day Moving Average of the stock is -8.36%, while the 200-Day Moving Average is calculated to be -0.37%.
Shares Statistics:
UNIT traded an average of 1.76M shares per day over the past three months and 1210540 shares per day over the past ten days. A total of 236.56M shares are outstanding, with a floating share count of 230.88M. Insiders hold about 3.30% of the company’s shares, while institutions hold 86.60% stake in the company. Shares short for UNIT as of 1711584000 were 18909079 with a Short Ratio of 10.76, compared to 1709164800 on 19401684. Therefore, it implies a Short% of Shares Outstanding of 18909079 and a Short% of Float of 11.92.
Dividends & Splits
With its trailing 12-month dividend rate of 0.6, UNIT has a forward annual dividend rate of 0.60. The stock’s 5-year Average Dividend Yield is 8.56.
Earnings Estimates
A comprehensive evaluation of Uniti Group Inc (UNIT) is underway, with the input of UnitedHealth Group Incorporated analysts contributing to its current rating.The consensus estimate for the next quarter is $48.74, with high estimates of $23.72 and low estimates of $142.25.
Analysts are recommending an EPS of between $Technology and $Industrials for the fiscal current year, implying an average EPS of $Industrials.
