Currently, Unity Software Inc [U] is trading at $27.72, up 0.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The U shares have gain 14.97% over the last week, with a monthly amount glided 27.92%, and seem to be holding up well over a long-time horizon.
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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.
This stock has fluctuated between a low of $13.90 and a high of $43.54 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21.86 within the next 12 months. Unity Software Inc [NYSE: U] shares were valued at $27.72 at the most recent close of the market. An investor can expect a potential drop of -21.14% based on the average U price forecast.
Analyzing the U fundamentals
Trailing Twelve Months sales for Unity Software Inc [NYSE:U] were 1.97B which represents -17.95% decline. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.4%, and Net Profit Margin reading is -0.4%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
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 26.87 points at the first support level, and at 26.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.62, and for the 2nd resistance point, it is at 29.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Unity Software Inc [NYSE:U] is 2.41. Also, the Quick Ratio is 2.41, while the Cash Ratio stands at 1.6. Considering the valuation of this stock, the price to sales ratio is 5.70, the price to book ratio is 3.51.
Transactions by insiders
Recent insider trading involved The Felix, Officer, that happened on Dec 06 ’24 when 20000.0 shares were purchased. Director, Bar-Zeev Tomer completed a deal on Dec 05 ’24 to sell 0.21 million shares. Meanwhile, Director Bar-Zeev Tomer sold 50000.0 shares on Dec 05 ’24.
