United Community Banks Inc (NASDAQ: UCBI) has a higher price-to-earnings ratio of 16.14x compared to its average ratio, The 36-month beta value for UCBI is at 0.94. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for UCBI is 118.22M, and currently, shorts hold a 2.36% of that float. The average trading volume for UCBI on April 19, 2024 was 641.42K shares.
UCBI) stock’s latest price update
United Community Banks Inc (NASDAQ: UCBI) has seen a rise in its stock price by 0.99 in relation to its previous close of 24.70. However, the company has experienced a 0.67% gain in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-01 that GREENVILLE, S.C., April 01, 2024 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its first quarter 2024 financial results on Wednesday, April 24, 2024 before the stock market opens. The company also will hold a conference call at 11:00 a.m. ET on Wednesday, April 24, 2024 to discuss its financial results, business highlights and outlook.
UCBI’s Market Performance
United Community Banks Inc (UCBI) has experienced a 0.67% rise in stock performance for the past week, with a -1.60% drop in the past month, and a -13.63% drop in the past quarter. The volatility ratio for the week is 1.72%, and the volatility levels for the past 30 days are at 2.48% for UCBI. The simple moving average for the past 20 days is -0.89% for UCBI’s stock, with a -5.65% simple moving average for the past 200 days.
Analysts’ Opinion of UCBI
Many brokerage firms have already submitted their reports for UCBI stocks, with Piper Sandler repeating the rating for UCBI by listing it as a “Neutral.” The predicted price for UCBI in the upcoming period, according to Piper Sandler is $27 based on the research report published on October 19, 2023 of the previous year 2023.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see UCBI reach a price target of $30, previously predicting the price at $33. The rating they have provided for UCBI stocks is “Mkt Perform” according to the report published on July 20th, 2023.
Stephens gave a rating of “Overweight” to UCBI, setting the target price at $34 in the report published on April 04th of the previous year.
UCBI Trading at -3.03% from the 50-Day Moving Average
After a stumble in the market that brought UCBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.88% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares sank -2.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.71% lower at present.
During the last 5 trading sessions, UCBI rose by +0.44%, which changed the moving average for the period of 200-days by -1.19% in comparison to the 20-day moving average, which settled at $25.14. In addition, United Community Banks Inc saw -14.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UCBI
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 0.7 for the gross margin
The net margin for United Community Banks Inc stands at 0.19. The total capital return value is set at 0.04. Equity return is now at value 6.26, with 0.72 for asset returns.
Based on United Community Banks Inc (UCBI), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.87. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 1.34.
Currently, EBITDA for the company is 14.14 million with net debt to EBITDA at -1.7. When we switch over and look at the enterprise to sales, we see a ratio of 2.28. The receivables turnover for the company is 11.53for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.
Conclusion
In conclusion, United Community Banks Inc (UCBI) has had a bad performance lately. Opinion on the stock among analysts is bullish, 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.
