Uniti Group Inc [UNIT] stock prices are down -0.18% to $5.66 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 UNIT shares have gain 1.07% over the last week, with a monthly amount drifted -0.70%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Uniti Group Inc [NASDAQ: UNIT] stock has seen the most recent analyst activity on May 06, 2024, when Raymond James downgraded its rating to a Outperform and also revised its price target to $6 from $8. Previously, BofA Securities downgraded its rating to Underperform on November 07, 2023, and kept the price target unchanged to $3.50. On November 16, 2020, upgrade upgraded it’s rating to Neutral and revised its price target to $10 on the stock. Wells Fargo upgraded its rating to a Equal Weight but stick to its price target of $10 on August 12, 2020. Barclays initiated its recommendation with a Equal Weight and recommended $10 as its price target on July 15, 2020. Raymond James upgraded its rating to Strong Buy for this stock on May 12, 2020, but kept the price target unchanged to $13. In a note dated March 03, 2020, Raymond James upgraded an Outperform rating on this stock.
The stock price of Uniti Group Inc [UNIT] has been fluctuating between $2.57 and $6.71 over the past year. Currently, Wall Street analysts expect the stock to reach $7.13 within the next 12 months. Uniti Group Inc [NASDAQ: UNIT] shares were valued at $5.66 at the most recent close of the market. An investor can expect a potential return of 25.97% based on the average UNIT price forecast.
Analyzing the UNIT fundamentals
The Uniti Group Inc [NASDAQ:UNIT] reported sales of 1.16B for trailing twelve months, representing a surge of 0.55%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is -0.04 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.33.
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 5.58 points at the first support level, and at 5.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.77, and for the 2nd resistance point, it is at 5.87.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.19 and price to earnings (TTM) ratio is 13.60.
Transactions by insiders
Recent insider trading involved Mudry Ronald J., SVP-CHIEF REVENUE OFFICER, that happened on Aug 06 ’24 when 28693.0 shares were sold. Officer, THE MUDRY FAM RLT completed a deal on Aug 06 ’24 to buy 28693.0 shares.
