Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of UWM Holdings Corporation (NYSE: UWMC) was $6.56 for the day, up 2.34% from the previous closing price of $6.41. In other words, the price has increased by $2.34 from its previous closing price. On the day, 1.78 million shares were traded. UWMC stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $6.36.
Ratios:
Our analysis of UWMC’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 1.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.47. 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:
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 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 10473564160 and an Enterprise Value of 11185661952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 5.46. Its current Enterprise Value per Revenue stands at 5.165 whereas that against EBITDA is 38.044.
Stock Price History:
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 -1.24%, while the 200-Day Moving Average is calculated to be 7.90%.
Shares Statistics:
UWMC traded an average of 1.80M shares per day over the past three months and 1506640 shares per day over the past ten days. A total of 93.65M shares are outstanding, with a floating share count of 85.52M. Insiders hold about 9.52% of the company’s shares, while institutions hold 44.87% stake in the company. Shares short for UWMC as of 1711584000 were 16221781 with a Short Ratio of 8.99, compared to 1709164800 on 17112382. Therefore, it implies a Short% of Shares Outstanding of 16221781 and a Short% of Float of 17.26.
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 0.062402498
