Currently, United Fire Group Inc [UFCS] is trading at $26.50, down -1.01%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.
From an analyst’s perspective:
United Fire Group Inc [NASDAQ: UFCS] stock has seen the most recent analyst activity on November 18, 2024, when Piper Sandler upgraded its rating to a Neutral and also boosted its price target to $26 from $19. Previously, Piper Sandler downgraded its rating to Underweight on February 13, 2023, and dropped its price target to $25. On October 28, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $31 on the stock. Piper Sandler upgraded its rating to a Overweight but stick to its price target of $37 on August 05, 2022. Piper Sandler downgraded its rating to a Neutral but $37 remained the price target by the analyst firm on June 27, 2022. Piper Sandler upgraded its rating to Overweight for this stock on December 01, 2021, and upped its price target to $25. In a note dated June 28, 2021, Sidoti upgraded an Buy rating on this stock but restated the target price of $38.
This stock has fluctuated between a low of $18.04 and a high of $31.70 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. United Fire Group Inc [NASDAQ: UFCS] shares were valued at $26.50 at the most recent close of the market. An investor can expect a potential drop of -1.89% based on the average UFCS price forecast.
Analyzing the UFCS fundamentals
Trailing Twelve Months sales for United Fire Group Inc [NASDAQ:UFCS] were 1.25B which represents 14.90% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
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 26.24 points at the first support level, and at 25.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.91, and for the 2nd resistance point, it is at 27.31.
Ratios To Look Out For
To put it in perspective, the Current Ratio for United Fire Group Inc [NASDAQ:UFCS] is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 11.10.
Transactions by insiders
Recent insider trading involved NOYCE JAMES, Director, that happened on Feb 14 ’25 when 2000.0 shares were purchased. Chief Underwriting Officer, Walsh Kelly A completed a deal on Jun 10 ’24 to sell 4700.0 shares. Meanwhile, SVP & Chief Risk Officer Woolstenhulme Micah G bought 2500.0 shares on Aug 14 ’24.
