UWM Holdings Corporation’s Market Journey: Closing Strong at 9.47, Up 2.49

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The closing price of UWM Holdings Corporation (NYSE: UWMC) was $9.47 for the day, up 2.49% from the previous closing price of $9.24. In other words, the price has increased by $2.49 from its previous closing price. On the day, 2.07 million shares were traded. UWMC stock price reached its highest trading level at $9.5 during the session, while it also had its lowest trading level at $9.24.

Ratios:

Our analysis of UWMC’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 87.41 whereas as Long-Term Debt/Eq ratio is at 42.45.

Keefe Bruyette Downgraded its Mkt Perform to Underperform on January 10, 2024, while the target price for the stock was maintained at $6.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 15130030080 and an Enterprise Value of 12255956992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 7.98. Its current Enterprise Value per Revenue stands at 5.301 whereas that against EBITDA is 23.482.

Stock Price History:

Over the past 52 weeks, UWMC has reached a high of $9.43, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is 21.79%, while the 200-Day Moving Average is calculated to be 37.74%.

Shares Statistics:

UWMC traded an average of 1.49M shares per day over the past three months and 2026650 shares per day over the past ten days. A total of 93.65M shares are outstanding, with a floating share count of 86.26M. Insiders hold about 9.79% of the company’s shares, while institutions hold 51.16% stake in the company. Shares short for UWMC as of 1722384000 were 14362687 with a Short Ratio of 9.62, compared to 1719532800 on 15699170. Therefore, it implies a Short% of Shares Outstanding of 14362687 and a Short% of Float of 15.160000000000002.

Dividends & Splits

With its trailing 12-month dividend rate of 0.4, UWMC has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.043290045

Earnings Estimates

UWM Holdings Corporation (UWMC) is presently subject to a detailed evaluation by 9.0 analysts, each offering their unique perspectives on its market standing.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 $0.28 and $0.25 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.42, with 9.0 analysts recommending between $0.5 and $0.3.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $593.2M to a low estimate of $548.31M. As of the current estimate, UWM Holdings Corporation’s year-ago sales were $677.12MFor the next quarter, 6 analysts are estimating revenue of $568.86M. There is a high estimate of $641.5M for the next quarter, whereas the lowest estimate is $539.7M.

A total of 7 analysts have provided revenue estimates for UWMC’s current fiscal year. The highest revenue estimate was $2.31B, while the lowest revenue estimate was $2.05B, resulting in an average revenue estimate of $2.19B. In the same quarter a year ago, actual revenue was $1.31BBased on 7 analysts’ estimates, the company’s revenue will be $2.6B in the next fiscal year. The high estimate is $2.74B and the low estimate is $2.54B.

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