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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.68 million shares were traded.
Ratios:
Our analysis of UNIT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.08.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 15.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19.
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 2.23%, while the 200-Day Moving Average is calculated to be 19.20%.
Shares Statistics:
A total of 237.51M shares are outstanding, with a floating share count of 227.20M. Insiders hold about 6.97% of the company’s shares, while institutions hold 84.17% stake in the company.