Uniti Group Inc (UNIT) Beta and Market Comparison: S&P500 vs UNIT

After finishing at $4.86 in the prior trading day, Uniti Group Inc (NASDAQ: UNIT) closed at $4.85, down -0.21%. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 2419244 shares were traded.

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Ratios:

Our goal is to gain a better understanding of UNIT by taking a closer look at its different ratios.

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 Mar 09 when Gunderman Kenny bought 225,000 shares for $4.37 per share. The transaction valued at 983,250 led to the insider holds 1,372,596 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, UNIT now has a Market Capitalization of 1.16B and an Enterprise Value of 6.81B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81. Its current Enterprise Value per Revenue stands at 5.93 whereas that against EBITDA is 9.98.

Stock Price History:

Over the past 52 weeks, UNIT has reached a high of $6.21, while it has fallen to a 52-week low of $2.94. The 50-Day Moving Average of the stock is 5.5299, while the 200-Day Moving Average is calculated to be 4.8771.

Shares Statistics:

The stock has traded on average 1.52 shares per day over the past 3-months and 1.46M shares per day over the last 10 days, according to various share statistics. A total of 235.83M shares are outstanding, with a floating share count of 231.38M. Insiders hold about 3.05% of the company’s shares, while institutions hold 85.43% stake in the company. Shares short for UNIT as of Jan 31, 2024 were 20.52M with a Short Ratio of 12.74, compared to 19.13M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.60% and a Short% of Float of 12.94%.

Dividends & Splits

In the trailing 12 months, UNIT’s forward annual dividend rate was 0.60, compared to 0.60 (12.37%) this year. Against a Trailing Annual Dividend Yield of 12.35%, it implies a Forward Annual Dividend Yield of 12.37%. The stock’s 5-year Average Dividend Yield is 8.91.

Earnings Estimates

Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.07, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.11, with high estimates of $0.17 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.17 and -$0.25 for the fiscal current year, implying an average EPS of -$0.18. EPS for the following year is $0.41, with 10 analysts recommending between $0.66 and $0.23.

Revenue Estimates

8 analysts predict $296.22M in revenue for the current quarter. It ranges from a high estimate of $299M to a low estimate of $291.5M. As of the current estimate, Uniti Group Inc’s year-ago sales were $283.74M, an estimated increase of 4.40% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $295.16M, an increase of 3.00% less than the figure of $4.40% in the same quarter last year. There is a high estimate of $297.5M for the next quarter, whereas the lowest estimate is $292.75M.

A total of 10 analysts have provided revenue estimates for UNIT’s current fiscal year. The highest revenue estimate was $1.16B, while the lowest revenue estimate was $1.16B, resulting in an average revenue estimate of $1.16B. In the same quarter a year ago, actual revenue was $1.13B, up 2.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.2B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.19B. The average revenue growth estimate for next year is up 3.00% from the average revenue estimate for this year.

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