In the past week, UWMC stock has gone down by -13.91%, with a monthly gain of 2.82% and a quarterly plunge of -9.14%. The volatility ratio for the week is 5.65%, and the volatility levels for the last 30 days are 4.02% for UWM Holdings Corporation The simple moving average for the past 20 days is -4.92% for UWMC’s stock, with a 9.02% simple moving average for the past 200 days.
Is It Worth Investing in UWM Holdings Corporation (NYSE: UWMC) Right Now?
The 36-month beta value for UWMC is at 1.65. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for UWMC is 85.43M, and currently, shorts hold a 18.49% of that float. The average trading volume for UWMC on April 02, 2024 was 1.42M shares.
UWMC) stock’s latest price update
UWM Holdings Corporation (NYSE: UWMC)’s stock price has plunge by -9.64relation to previous closing price of 7.26. Nevertheless, the company has seen a -13.91% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-02-28 that While the top- and bottom-line numbers for UWM Holdings Corporation (UWMC) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of UWMC
Keefe Bruyette, on the other hand, stated in their research note that they expect to see UWMC reach a price target of $6. The rating they have provided for UWMC stocks is “Underperform” according to the report published on January 10th, 2024.
UBS gave a rating of “Sell” to UWMC, setting the target price at $4 in the report published on December 06th of the previous year.
UWMC Trading at -3.30% from the 50-Day Moving Average
After a stumble in the market that brought UWMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.35% of loss for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 5.65%, as shares sank -0.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.81% upper at present.
During the last 5 trading sessions, UWMC fell by -13.91%, which changed the moving average for the period of 200-days by +16.11% in comparison to the 20-day moving average, which settled at $6.90. In addition, UWM Holdings Corporation saw -8.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UWMC starting from Verdun Robert, who purchase 40,000 shares at the price of $5.20 back on Sep 13 ’23. After this action, Verdun Robert now owns 204,725 shares of UWM Holdings Corporation, valued at $208,000 using the latest closing price.
Stock Fundamentals for UWMC
Current profitability levels for the company are sitting at:
- 0.55 for the present operating margin
- 0.83 for the gross margin
The net margin for UWM Holdings Corporation stands at 0.16. The total capital return value is set at 0.1. Equity return is now at value -10.33, with -0.10 for asset returns.
Based on UWM Holdings Corporation (UWMC), the company’s capital structure generated 0.99 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 76.39. The interest coverage ratio of the stock is 2.91.
Currently, EBITDA for the company is 1.14 billion with net debt to EBITDA at 8.41. When we switch over and look at the enterprise to sales, we see a ratio of 5.2. The receivables turnover for the company is 1.24for trailing twelve months and the total asset turnover is 0.14.
Conclusion
In conclusion, UWM Holdings Corporation (UWMC) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
