The price-to-earnings ratio for Ubiquiti Inc (NYSE: UI) is 31.93x, which is above its average ratio. Moreover, the 36-month beta value for UI is 1.16. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 1 as “sell.”
The public float for UI is 4.17M and currently, short sellers hold a 9.79% of that float. On August 28, 2024, UI’s average trading volume was 61.36K shares.
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UI) stock’s latest price update
Ubiquiti Inc (NYSE: UI)’s stock price has dropped by -10.22 in relation to previous closing price of 205.86. Nevertheless, the company has seen a gain of 3.81% in its stock price over the last five trading days. fool.com reported 2024-08-27 that An analyst cut his price target on the wireless networking specialist. He also maintained his bearish recommendation on the stock.
UI’s Market Performance
Ubiquiti Inc (UI) has seen a 3.81% rise in stock performance for the week, with a 4.45% gain in the past month and a 27.75% surge in the past quarter. The volatility ratio for the week is 7.84%, and the volatility levels for the past 30 days are at 4.49% for UI. The simple moving average for the past 20 days is 4.08% for UI’s stock, with a 37.95% simple moving average for the past 200 days.
Analysts’ Opinion of UI
Many brokerage firms have already submitted their reports for UI stocks, with BWS Financial repeating the rating for UI by listing it as a “Buy.” The predicted price for UI in the upcoming period, according to BWS Financial is $240 based on the research report published on August 26, 2024 of the current year 2024.
BWS Financial, on the other hand, stated in their research note that they expect to see UI reach a price target of $370, previously predicting the price at $290. The rating they have provided for UI stocks is “Buy” according to the report published on February 08th, 2021.
Credit Suisse gave a rating of “Underperform” to UI, setting the target price at $134 in the report published on January 15th of the previous year.
UI Trading at 12.22% from the 50-Day Moving Average
After a stumble in the market that brought UI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.99% of loss for the given period.
Volatility was left at 4.49%, however, over the last 30 days, the volatility rate increased by 7.84%, as shares surge +4.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.67% upper at present.
During the last 5 trading sessions, UI rose by +3.81%, which changed the moving average for the period of 200-days by +71.47% in comparison to the 20-day moving average, which settled at $177.98. In addition, Ubiquiti Inc saw 32.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for UI
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.38 for the gross margin
The net margin for Ubiquiti Inc stands at 0.18. The total capital return value is set at 0.57.
Based on Ubiquiti Inc (UI), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.75. The debt to equity ratio resting at 7.58. The interest coverage ratio of the stock is 6.64.
Currently, EBITDA for the company is 518.25 million with net debt to EBITDA at 1.22. When we switch over and look at the enterprise to sales, we see a ratio of 6.12. The receivables turnover for the company is 11.4for trailing twelve months and the total asset turnover is 1.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.22.
Conclusion
To wrap up, the performance of Ubiquiti Inc (UI) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
