UWM Holdings Corporation [UWMC] stock prices are down -0.16% to $6.10 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UWMC shares have lost -2.56% over the last week, with a monthly amount drifted -10.16%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
UWM Holdings Corporation [NYSE: UWMC] stock has seen the most recent analyst activity on April 09, 2024, when Keefe Bruyette upgraded its rating to a Mkt Perform but kept the price target unchanged to $6 for it. On January 10, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $6 on the stock. Barclays initiated its recommendation with a Underweight and recommended $4 as its price target on November 15, 2023. BTIG Research upgraded its rating to Buy for this stock on October 05, 2023, but kept the price target unchanged to $6. In a note dated August 08, 2023, JMP Securities downgraded an Mkt Perform rating on this stock.
The stock price of UWM Holdings Corporation [UWMC] has been fluctuating between $4.49 and $7.75 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. UWM Holdings Corporation [NYSE: UWMC] shares were valued at $6.10 at the most recent close of the market. An investor can expect a potential return of 31.15% based on the average UWMC price forecast.
Analyzing the UWMC fundamentals
The UWM Holdings Corporation [NYSE:UWMC] reported sales of 2.17B for trailing twelve months, representing a surge of 14.69%. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 2.2 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of76.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.03 points at the first support level, and at 5.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.18, and for the 2nd resistance point, it is at 6.25.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 5.08.
Transactions by insiders
Recent insider trading involved Verdun Robert, Director, that happened on Sep 13 ’23 when 40000.0 shares were purchased.
