UDR Inc (UDR) Shares Soar Above 1-Year High

The stock of UDR Inc (NYSE: UDR) has increased by 1.10 when compared to last closing price of 43.79. Despite this, the company has experienced a -0.54% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-11 that UDR’s diverse portfolio, favorable demographics, healthy balance sheet and process enhancements are upsides. However, an elevated supply of rental units ails.

Is It Worth Investing in UDR Inc (NYSE: UDR) Right Now?

UDR Inc (NYSE: UDR) has a higher price-to-earnings ratio of 109.55x compared to its average ratio. UDR has 36-month beta value of 0.84. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 15 as “hold,” and 1 as “sell.”

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The public float for UDR is 328.19M, and currently, short sellers hold a 1.68% ratio of that float. The average trading volume of UDR on October 23, 2024 was 2.24M shares.

UDR’s Market Performance

The stock of UDR Inc (UDR) has seen a -0.54% decrease in the past week, with a -4.49% drop in the past month, and a 6.67% gain in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 1.54% for UDR. The simple moving average for the past 20 days is -0.58% for UDR’s stock, with a 11.06% simple moving average for the past 200 days.

Analysts’ Opinion of UDR

Many brokerage firms have already submitted their reports for UDR stocks, with Exane BNP Paribas repeating the rating for UDR by listing it as a “Outperform.” The predicted price for UDR in the upcoming period, according to Exane BNP Paribas is $49 based on the research report published on September 11, 2024 of the current year 2024.

Goldman, on the other hand, stated in their research note that they expect to see UDR reach a price target of $42. The rating they have provided for UDR stocks is “Sell” according to the report published on September 04th, 2024.

BMO Capital Markets gave a rating of “Outperform” to UDR, setting the target price at $45 in the report published on July 15th of the current year.

UDR Trading at -0.32% from the 50-Day Moving Average

After a stumble in the market that brought UDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.90% of loss for the given period.

Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares sank -3.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.52% upper at present.

During the last 5 trading sessions, UDR fell by -0.54%, which changed the moving average for the period of 200-days by +17.05% in comparison to the 20-day moving average, which settled at $44.53. In addition, UDR Inc saw 15.62% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at UDR starting from ALCOCK HARRY G, who proposed sale 5,000 shares at the price of $44.88 back on Sep 04 ’24. After this action, ALCOCK HARRY G now owns shares of UDR Inc, valued at $224,391 using the latest closing price.

TOOMEY THOMAS W, the Chairman and CEO of UDR Inc, sale 90,000 shares at $39.52 during a trade that took place back on Jun 07 ’24, which means that TOOMEY THOMAS W is holding 849,716 shares at $3,556,476 based on the most recent closing price.

Stock Fundamentals for UDR

Current profitability levels for the company are sitting at:

  • 0.17 for the present operating margin
  • 0.23 for the gross margin

The net margin for UDR Inc stands at 0.08. The total capital return value is set at 0.03. Equity return is now at value 3.52, with 1.24 for asset returns.

Based on UDR Inc (UDR), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.55. The interest coverage ratio of the stock is 1.5.

Currently, EBITDA for the company is 978.79 million with net debt to EBITDA at 7.25. When we switch over and look at the enterprise to sales, we see a ratio of 12.42. The receivables turnover for the company is 6.83for trailing twelve months and the total asset turnover is 0.15.

Conclusion

To put it simply, UDR Inc (UDR) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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