As of close of business last night, UWM Holdings Corporation’s stock clocked out at $6.56, down -9.64% from its previous closing price of $7.26. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 4346912 shares were traded.
Ratios:
To gain a deeper understanding of UWMC’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’23 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 619.97M. 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 5.46.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $7.75, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is 6.82, while the 200-Day Moving Average is calculated to be 6.06.
Shares Statistics:
It appears that UWMC traded 1.42M shares on average per day over the past three months and 2.41M shares per day over the past ten days. A total of 93.65M shares are outstanding, with a floating share count of 85.43M. Insiders hold about 9.60% of the company’s shares, while institutions hold 48.81% stake in the company. Shares short for UWMC as of Mar 15, 2024 were 15.79M with a Short Ratio of 11.09, compared to 17.29M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.71% and a Short% of Float of 16.80%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.40, UWMC has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 5.51%, it implies a Forward Annual Dividend Yield of 5.55%.
Earnings Estimates
As of right now, 10 analysts gave their recommendation on the stock of the company. 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 $0.11 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.48 and $0.22 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.42, with 10 analysts recommending between $0.6 and $0.33.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $430.68M. It ranges from a high estimate of $491.4M to a low estimate of $397.3M. As of the current estimate, UWM Holdings Corporation’s year-ago sales were $161.27M, an estimated increase of 167.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $534.04M, a decrease of -9.10% less than the figure of $167.00% in the same quarter last year. There is a high estimate of $563.5M for the next quarter, whereas the lowest estimate is $514.95M.
A total of 6 analysts have provided revenue estimates for UWMC’s current fiscal year. The highest revenue estimate was $2.29B, while the lowest revenue estimate was $1.97B, resulting in an average revenue estimate of $2.11B. In the same quarter a year ago, actual revenue was $1.31B, up 60.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.57B in the next fiscal year. The high estimate is $2.73B and the low estimate is $2.42B. The average revenue growth estimate for next year is up 21.80% from the average revenue estimate for this year.
