Unity Software Inc [U] stock is trading at $20.70, down -0.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The U shares have gain 2.22% over the last week, with a monthly amount drifted -4.12%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Unity Software Inc [NYSE: U] stock has seen the most recent analyst activity on October 29, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $20. Previously, Stifel reaffirmed its Buy rating on September 13, 2024, and elevated its price target to $25. On September 03, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $22 on the stock. Piper Sandler upgraded its rating to a Neutral and decreased its price target to $30 on February 27, 2024. Macquarie downgraded its rating to a Underperform. Piper Sandler downgraded its rating to Underweight for this stock on January 02, 2024, and upped its price target to $35. In a note dated December 18, 2023, HSBC Securities initiated an Hold rating.
Unity Software Inc [U] stock has fluctuated between $13.90 and $43.54 over the past year. Currently, Wall Street analysts expect the stock to reach $64.63 within the next 12 months. Unity Software Inc [NYSE: U] shares were valued at $20.70 at the most recent close of the market. An investor can expect a potential return of 212.22% based on the average U price forecast.
Analyzing the U fundamentals
Unity Software Inc [NYSE:U] reported sales of 2.06B for the trailing twelve months, which represents a drop of -15.79%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.25 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.
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 20.32 points at the first support level, and at 19.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.20, and for the 2nd resistance point, it is at 21.70.
Ratios To Look Out For
For context, Unity Software Inc’s Current Ratio is 2.35. On the other hand, the Quick Ratio is 2.35, and the Cash Ratio is 1.51. Considering the valuation of this stock, the price to sales ratio is 3.98, the price to book ratio is 2.57.
Transactions by insiders
Recent insider trading involved Lee Michelle K., Director, that happened on Sep 18 ’24 when 800.0 shares were sold. Director, Lee Michelle K. completed a deal on Sep 18 ’24 to buy 800.0 shares. Meanwhile, Director Helgason David sold 0.25 million shares on Sep 13 ’24.
