The price of Unity Software Inc (NYSE: U) closed at $25.98 in the last session, down -4.13% from day before closing price of $27.10. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 16803766 shares were traded.
Ratios:
We take a closer look at U’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.08. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.86.
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 the company, Piper Sandler on February 27, 2024, Upgraded its rating to Neutral and sets its target price to $30 from $35 previously.
Piper Sandler Downgraded its Neutral to Underweight on January 02, 2024, whereas the target price for the stock was revised from $20 to $35.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when The Felix sold 5,000 shares for $27.28 per share. The transaction valued at 136,400 led to the insider holds 293,948 shares of the business.
Bar-Zeev Tomer sold 250,000 shares of U for $6,647,500 on Mar 05 ’24. The Director now owns 4,498,146 shares after completing the transaction at $26.59 per share. On Mar 01 ’24, another insider, Carpenter Carol W., who serves as the SVP & Chief Marketing Officer of the company, sold 2,000 shares for $29.35 each. As a result, the insider received 58,700 and left with 446,617 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 10.03B and an Enterprise Value of 11.15B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 3.14. Its current Enterprise Value per Revenue stands at 5.10 whereas that against EBITDA is -53.25.
Stock Price History:
Over the past 52 weeks, U has reached a high of $50.08, while it has fallen to a 52-week low of $22.20. The 50-Day Moving Average of the stock is 32.76, while the 200-Day Moving Average is calculated to be 34.41.
Shares Statistics:
According to the various share statistics, U traded on average about 11.99M shares per day over the past 3-months and 11.38M shares per day over the past 10 days. A total of 384.87M shares are outstanding, with a floating share count of 255.25M. Insiders hold about 33.86% of the company’s shares, while institutions hold 47.96% stake in the company. Shares short for U as of Feb 29, 2024 were 37.81M with a Short Ratio of 3.15, compared to 29.24M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.80% and a Short% of Float of 10.57%.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.63 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$1, while EPS last year was -$0.67. The consensus estimate for the next quarter is -$0.44, with high estimates of -$0.08 and low estimates of -$0.89.
Analysts are recommending an EPS of between -$0.31 and -$3.42 for the fiscal current year, implying an average EPS of -$1.7. EPS for the following year is -$1.16, with 14 analysts recommending between -$0.11 and -$2.77.
Revenue Estimates
According to 18 analysts, the current quarter’s revenue is expected to be $432.29M. It ranges from a high estimate of $470.08M to a low estimate of $416.8M. As of the current estimate, Unity Software Inc’s year-ago sales were $500.36M, an estimated decrease of -13.60% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $442.45M, a decrease of -17.10% less than the figure of -$13.60% in the same quarter last year. There is a high estimate of $464.3M for the next quarter, whereas the lowest estimate is $420M.
A total of 22 analysts have provided revenue estimates for U’s current fiscal year. The highest revenue estimate was $2.03B, while the lowest revenue estimate was $1.77B, resulting in an average revenue estimate of $1.82B. In the same quarter a year ago, actual revenue was $2.19B, down -16.70% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $2.04B in the next fiscal year. The high estimate is $2.27B and the low estimate is $1.95B. The average revenue growth estimate for next year is up 11.70% from the average revenue estimate for this year.
