Market Watch Highlights: UWM Holdings Corporation (UWMC) Ends on an Downturn Note at 6.33

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

As of close of business last night, UWM Holdings Corporation’s stock clocked out at $6.33, down -0.94% from its previous closing price of $6.39. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 1.26 million shares were traded. UWMC stock price reached its highest trading level at $6.52 during the session, while it also had its lowest trading level at $6.28.

Ratios:

To gain a deeper understanding of UWMC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.33. In the meantime, Its Debt-to-Equity ratio is 77.55 whereas as Long-Term Debt/Eq ratio is at 62.78.

Keefe Bruyette Downgraded its Mkt Perform to Underperform on January 10, 2024, while the target price for the stock was maintained at $6.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’23 when Verdun Robert bought 40,000 shares for $5.20 per share. The transaction valued at 208,000 led to the insider holds 204,725 shares of the business.

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 10202124288 and an Enterprise Value of 11163924480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 5.27. Its current Enterprise Value per Revenue stands at 5.155 whereas that against EBITDA is 37.97.

Stock Price History:

The Beta on a monthly basis for UWMC is 1.67, which has changed by 0.08762884 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, UWMC has reached a high of $7.75, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is -4.33%, while the 200-Day Moving Average is calculated to be 3.94%.

Shares Statistics:

It appears that UWMC traded 1.84M shares on average per day over the past three months and 1416830 shares per day over the past ten days. A total of 93.65M shares are outstanding, with a floating share count of 85.91M. Insiders hold about 9.52% of the company’s shares, while institutions hold 44.68% stake in the company. Shares short for UWMC as of 1713139200 were 19885664 with a Short Ratio of 10.81, compared to 1710460800 on 15794514. Therefore, it implies a Short% of Shares Outstanding of 19885664 and a Short% of Float of 21.16.

Dividends & Splits

With its trailing 12-month dividend rate of 0.4, UWMC has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.06259781

Earnings Estimates

Its stock is currently analyzed by 10.0 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.02, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.06.

Analysts are recommending an EPS of between $0.48 and $0.2 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.42, with 10.0 analysts recommending between $0.55 and $0.33.

Revenue Estimates

In the current quarter, 7 analysts expect revenue to total $451.73M. It ranges from a high estimate of $574.59M to a low estimate of $396.3M. As of the current estimate, UWM Holdings Corporation’s year-ago sales were $161.27MFor the next quarter, 7 analysts are estimating revenue of $548.77M. There is a high estimate of $597.65M for the next quarter, whereas the lowest estimate is $514.95M.

A total of 7 analysts have provided revenue estimates for UWMC’s current fiscal year. The highest revenue estimate was $2.47B, while the lowest revenue estimate was $1.97B, resulting in an average revenue estimate of $2.15B. In the same quarter a year ago, actual revenue was $1.31BBased on 7 analysts’ estimates, the company’s revenue will be $2.53B in the next fiscal year. The high estimate is $2.73B and the low estimate is $2.42B.

Most Popular

[the_ad id="945"]