After finishing at $6.38 in the prior trading day, UWM Holdings Corporation (NYSE: UWMC) closed at $6.57, up 2.98%. In other words, the price has increased by $+0.19 from its previous closing price. On the day, 1171903 shares were traded. UWMC stock price reached its highest trading level at $6.68 during the session, while it also had its lowest trading level at $6.34.
Ratios:
Our goal is to gain a better understanding of UWMC 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 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.
On January 10, 2024, Keefe Bruyette Downgraded its rating to Underperform which previously was Mkt Perform but kept the price unchanged to $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 13 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 620.92M. 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 5.47.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $7.43, while it has fallen to a 52-week low of $4.16. The 50-Day Moving Average of the stock is 6.75, while the 200-Day Moving Average is calculated to be 5.85.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 1.36M shares per day over the last 10 days, according to various share statistics. A total of 93.65M shares are outstanding, with a floating share count of 85.64M. Insiders hold about 9.38% of the company’s shares, while institutions hold 48.80% stake in the company. Shares short for UWMC as of Feb 15, 2024 were 17.29M with a Short Ratio of 12.95, compared to 18.07M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 18.46% and a Short% of Float of 18.56%.
Dividends & Splits
In the trailing 12 months, UWMC’s forward annual dividend rate was 0.40, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 6.27%, it implies a Forward Annual Dividend Yield of 6.09%.
Earnings Estimates
Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.03, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0.08, with high estimates of $0.13 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.55 and $0.22 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.42, with 9 analysts recommending between $0.6 and $0.33.
Revenue Estimates
7 analysts predict $415.2M in revenue for the current quarter. It ranges from a high estimate of $545.8M to a low estimate of $272.03M. As of the current estimate, UWM Holdings Corporation’s year-ago sales were $161.27M, an estimated increase of 157.50% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $516.99M, a decrease of -12.00% less than the figure of $157.50% in the same quarter last year. There is a high estimate of $564.9M for the next quarter, whereas the lowest estimate is $358.91M.
A total of 7 analysts have provided revenue estimates for UWMC’s current fiscal year. The highest revenue estimate was $2.29B, while the lowest revenue estimate was $1.38B, resulting in an average revenue estimate of $2.03B. In the same quarter a year ago, actual revenue was $1.31B, up 55.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $2.45B in the next fiscal year. The high estimate is $2.73B and the low estimate is $1.62B. The average revenue growth estimate for next year is up 20.40% from the average revenue estimate for this year.
