In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $22.51 in the prior trading day, Unity Software Inc (NYSE: U) closed at $22.36, down -0.67%. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 5.78 million shares were traded. U stock price reached its highest trading level at $22.49 during the session, while it also had its lowest trading level at $21.91.
Ratios:
Our goal is to gain a better understanding of U by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.80. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.
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 this company, Wells Fargo on October 29, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $20.
On September 13, 2024, Stifel reiterated its Buy rating and also lowered its target price recommendation from $20 to $25.
Morgan Stanley Upgraded its Equal-Weight to Overweight on September 03, 2024, while the target price for the stock was maintained at $22.
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 Dec 16 ’24 when Barrysmith Mark sold 1,228 shares for $24.44 per share. The transaction valued at 30,012 led to the insider holds 453,638 shares of the business.
Barrysmith Mark bought 1,228 shares of U for $30,012 on Dec 16 ’24. On Dec 11 ’24, another insider, Helgason David, who serves as the Director of the company, sold 160,000 shares for $26.89 each. As a result, the insider received 4,301,844 and left with 8,017,418 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, U now has a Market Capitalization of 9007502336 and an Enterprise Value of 10263025664. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.63 while its Price-to-Book (P/B) ratio in mrq is 2.83. Its current Enterprise Value per Revenue stands at 5.222 whereas that against EBITDA is -133.27.
Stock Price History:
Over the past 52 weeks, U has reached a high of $43.54, while it has fallen to a 52-week low of $13.90. The 50-Day Moving Average of the stock is 0.06%, while the 200-Day Moving Average is calculated to be 8.17%.
Shares Statistics:
The stock has traded on average 11.57M shares per day over the past 3-months and 10003240 shares per day over the last 10 days, according to various share statistics. A total of 402.58M shares are outstanding, with a floating share count of 299.36M. Insiders hold about 25.69% of the company’s shares, while institutions hold 56.91% stake in the company. Shares short for U as of 1732838400 were 24228460 with a Short Ratio of 2.09, compared to 1730332800 on 24397245. Therefore, it implies a Short% of Shares Outstanding of 24228460 and a Short% of Float of 6.260000000000001.
