For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
UWM Holdings Corporation (NYSE: UWMC) closed the day trading at $6.08 down -1.94% from the previous closing price of $6.20. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 4.52 million shares were traded.
Ratios:
For a better understanding of UWMC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 79.50 whereas as Long-Term Debt/Eq ratio is at 40.37.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, UWM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 95.30, and their Forward P/E ratio for the next fiscal year is 11.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.00 while its Price-to-Book (P/B) ratio in mrq is 5.95.
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 $5.31. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be -15.20%.
Shares Statistics:
A total of 157.94M shares are outstanding, with a floating share count of 120.55M. Insiders hold about 23.66% of the company’s shares, while institutions hold 56.51% stake in the company.
