Quarterly Metrics: Quick and Current Ratios for Uniti Group Inc (UNIT)

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As of close of business last night, Uniti Group Inc’s stock clocked out at $4.44, down -1.11% from its previous closing price of $4.49. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 1.59 million shares were traded. UNIT stock price reached its highest trading level at $4.555 during the session, while it also had its lowest trading level at $4.42.

Ratios:

To gain a deeper understanding of UNIT’s stock, we examine its different 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 May 06, 2024, Downgraded its rating to Outperform and sets its target price to $6 from $8 previously.

On November 07, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $3.50.

Citigroup Upgraded its Sell to Neutral on November 16, 2020, whereas the target price for the stock was revised from $6 to $10.

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 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 1093776256 and an Enterprise Value of 6834347008. As of this moment, Uniti’s Price-to-Earnings (P/E) ratio for their current fiscal year is 193.89, and their Forward P/E ratio for the next fiscal year is 10.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94. Its current Enterprise Value per Revenue stands at 5.904 whereas that against EBITDA is 7.696.

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 $2.57. The 50-Day Moving Average of the stock is 25.71%, while the 200-Day Moving Average is calculated to be -7.47%.

Shares Statistics:

It appears that UNIT traded 3.09M shares on average per day over the past three months and 2210210 shares per day over the past ten days. A total of 236.56M shares are outstanding, with a floating share count of 233.31M. Insiders hold about 4.44% of the company’s shares, while institutions hold 83.18% stake in the company. Shares short for UNIT as of 1722384000 were 16504854 with a Short Ratio of 5.34, compared to 1719532800 on 17383563. Therefore, it implies a Short% of Shares Outstanding of 16504854 and a Short% of Float of 10.11.

Dividends & Splits

With its trailing 12-month dividend rate of 0.6, UNIT has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 0.1336303The stock’s 5-year Average Dividend Yield is 8.57.

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