Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Uniti Group Inc (NASDAQ: UNIT) closed at $4.57 up 1.11% from its previous closing price of $4.52. In other words, the price has increased by $1.11 from its previous closing price. On the day, 2.75 million shares were traded.
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 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:
As of this moment, Uniti’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.43, and their Forward P/E ratio for the next fiscal year is 6.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96.
Stock Price History:
Over the past 52 weeks, UNIT has reached a high of $6.31, while it has fallen to a 52-week low of $2.57. The 50-Day Moving Average of the stock is -5.68%, while the 200-Day Moving Average is calculated to be -12.05%.
Shares Statistics:
A total of 238.56M shares are outstanding, with a floating share count of 228.40M. Insiders hold about 6.95% of the company’s shares, while institutions hold 83.19% stake in the company.
