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 $6.27 down -1.10% from its previous closing price of $6.34. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 2.36 million shares were traded. UWMC stock price reached its highest trading level at $6.43 during the session, while it also had its lowest trading level at $6.22.
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 10021027840 and an Enterprise Value of 14592440320. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.81 while its Price-to-Book (P/B) ratio in mrq is 5.94. Its current Enterprise Value per Revenue stands at 5.35 whereas that against EBITDA is 48.611.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $9.74, while it has fallen to a 52-week low of $5.59. The 50-Day Moving Average of the stock is -7.91%, while the 200-Day Moving Average is calculated to be -14.39%.
Shares Statistics:
For the past three months, UWMC has traded an average of 3.00M shares per day and 2882550 over the past ten days. A total of 113.15M shares are outstanding, with a floating share count of 69.09M. Insiders hold about 27.74% of the company’s shares, while institutions hold 71.48% stake in the company. Shares short for UWMC as of 1731628800 were 12124687 with a Short Ratio of 4.04, compared to 1728950400 on 12539609. Therefore, it implies a Short% of Shares Outstanding of 12124687 and a Short% of Float of 7.7199996.
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 0.06309148
