At the time of writing, United Community Banks Inc [UCB] stock is trading at $33.30, down -2.06%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UCB shares have lost -0.72% over the last week, with a monthly amount glided 2.18%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
United Community Banks Inc [NYSE: UCB] stock has seen the most recent analyst activity on October 19, 2023, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $27 from $31. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on July 20, 2023, and dropped its price target to $30. On April 04, 2023, Stephens initiated with a Overweight rating and assigned a price target of $34 on the stock. Janney downgraded its rating to a Neutral. Raymond James downgraded its rating to a Mkt Perform. Raymond James upgraded its rating to Outperform for this stock on October 22, 2020, but kept the price target unchanged to $23.
For the past year, the stock price of United Community Banks Inc fluctuated between $24.04 and $35.38. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. United Community Banks Inc [NYSE: UCB] shares were valued at $33.30 at the most recent close of the market. An investor can expect a potential drop of -3.9% based on the average UCB price forecast.
Analyzing the UCB fundamentals
According to United Community Banks Inc [NYSE:UCB], the company’s sales were 1.43B for trailing twelve months, which represents an 1.04% jump. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
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 33.01 points at the first support level, and at 32.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.85, and for the 2nd resistance point, it is at 34.39.
Ratios To Look Out For
It is important to note that United Community Banks Inc [NYSE:UCB] has a current ratio of 0.07. Considering the valuation of this stock, the price to sales ratio is 2.78, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 21.74.
Transactions by insiders
Recent insider trading involved HARRALSON JEFFERSON L, EVP, CFO, that happened on Oct 28 ’24 when 10275.0 shares were sold. Officer, HARRALSON JEFFERSON L completed a deal on Oct 25 ’24 to buy 10275.0 shares.
