In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Uniti Group Inc (NASDAQ: UNIT) closed at $4.75 down -7.59% from its previous closing price of $5.14. In other words, the price has decreased by -$7.59 from its previous closing price. On the day, 2.94 million shares were traded. UNIT stock price reached its highest trading level at $5.13 during the session, while it also had its lowest trading level at $4.73.
Ratios:
For a deeper understanding of Uniti Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 97.82.
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 February 24, 2025, Upgraded its rating to Strong Buy and sets its target price to $8 from $6 previously.
On May 06, 2024, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $8 to $6.
BofA Securities Downgraded its Neutral to Underperform on November 07, 2023, while the target price for the stock was maintained at $3.50.
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 1160087680 and an Enterprise Value of 6886242816. As of this moment, Uniti’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99. Its current Enterprise Value per Revenue stands at 5.901 whereas that against EBITDA is 7.8.
Stock Price History:
The Beta on a monthly basis for UNIT is 1.58, which has changed by -0.23633438 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, UNIT has reached a high of $6.39, while it has fallen to a 52-week low of $2.57. The 50-Day Moving Average of the stock is -13.56%, while the 200-Day Moving Average is calculated to be -2.30%.
Shares Statistics:
For the past three months, UNIT has traded an average of 2.02M shares per day and 2590380 over the past ten days. A total of 237.51M shares are outstanding, with a floating share count of 227.25M. Insiders hold about 6.95% of the company’s shares, while institutions hold 84.41% stake in the company. Shares short for UNIT as of 1740700800 were 12970099 with a Short Ratio of 6.43, compared to 1738281600 on 11931184. Therefore, it implies a Short% of Shares Outstanding of 12970099 and a Short% of Float of 8.3000004.
Dividends & Splits
According to the company, the forward annual dividend rate for UNIT is 0.30, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.058365762The stock’s 5-year Average Dividend Yield is 8.51.
