As of close of business last night, United Micro Electronics ADR’s stock clocked out at $8.48, up 3.67% from its previous closing price of $8.18. In other words, the price has increased by $+0.30 from its previous closing price. On the day, 9426584 shares were traded.
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Ratios:
To gain a deeper understanding of UMC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.14.
HSBC Securities Downgraded its Hold to Reduce on April 27, 2023, whereas the target price for the stock was revised from $6.80 to $6.46.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UMC now has a Market Capitalization of 20.91B and an Enterprise Value of 18.98B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.87, and their Forward P/E ratio for the next fiscal year is 10.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 0.08 whereas that against EBITDA is 0.15.
Stock Price History:
Over the past 52 weeks, UMC has reached a high of $8.97, while it has fallen to a 52-week low of $6.71. The 50-Day Moving Average of the stock is 7.92, while the 200-Day Moving Average is calculated to be 7.67.
Shares Statistics:
It appears that UMC traded 7.37M shares on average per day over the past three months and 8.42M shares per day over the past ten days. A total of 2.51B shares are outstanding, with a floating share count of 2.51B. Insiders hold about 0.00% of the company’s shares, while institutions hold 4.99% stake in the company. Shares short for UMC as of Feb 29, 2024 were 57.41M with a Short Ratio of 7.75, compared to 57.44M on Jan 31, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 3.00, UMC has a forward annual dividend rate of 0.58. Against a Trailing Annual Dividend Yield of 36.67%, it implies a Forward Annual Dividend Yield of 6.79%. The stock’s 5-year Average Dividend Yield is 4.66. The current Payout Ratio is 37.44% for UMC, which recently paid a dividend on Jul 26, 2023 with an ex-dividend date of Jun 26, 2023. Stock splits for the company last occurred on Aug 08, 2008 when the company split stock in a 1045:1000 ratio.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.13, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.14, with high estimates of $0.16 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.71 and $0.59 for the fiscal current year, implying an average EPS of $0.65. EPS for the following year is $0.73, with 1 analysts recommending between $0.73 and $0.73.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for UMC’s current fiscal year. The highest revenue estimate was $7.78B, while the lowest revenue estimate was $7.71B, resulting in an average revenue estimate of $7.75B. In the same quarter a year ago, actual revenue was $7.25B, up 6.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $9.05B in the next fiscal year. The high estimate is $9.05B and the low estimate is $9.05B. The average revenue growth estimate for next year is up 16.90% from the average revenue estimate for this year.
