UWM Holdings Corporation (NYSE: UWMC)’s stock price has plunge by 2.45relation to previous closing price of 5.74. Nevertheless, the company has seen a 2.45% surge in its stock price over the last five trading sessions. marketwatch.com reported 2024-12-18 that Home buyers are expected to see more for-sale listings and lower mortgage rates in 2025.
Is It Worth Investing in UWM Holdings Corporation (NYSE: UWMC) Right Now?
Additionally, the 36-month beta value for UWMC is 1.71. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
The public float for UWMC is 114.78M and currently, short sellers hold a 12.82% ratio of that float. The average trading volume of UWMC on December 31, 2024 was 3.26M shares.
UWMC’s Market Performance
UWMC’s stock has seen a 2.45% increase for the week, with a -9.67% drop in the past month and a -29.41% fall in the past quarter. The volatility ratio for the week is 3.22%, and the volatility levels for the past 30 days are at 4.09% for UWM Holdings Corporation The simple moving average for the past 20 days is -2.45% for UWMC’s stock, with a -19.11% simple moving average for the past 200 days.
Analysts’ Opinion of UWMC
Many brokerage firms have already submitted their reports for UWMC stocks, with Morgan Stanley repeating the rating for UWMC by listing it as a “Equal-Weight.” The predicted price for UWMC in the upcoming period, according to Morgan Stanley is $7.50 based on the research report published on November 05, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see UWMC reach a price target of $8, previously predicting the price at $6. The rating they have provided for UWMC stocks is “Equal Weight” according to the report published on October 08th, 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to UWMC, setting the target price at $6 in the report published on April 09th of the current year.
UWMC Trading at -5.49% 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 -39.63% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 3.22%, as shares sank -9.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.45% lower at present.
During the last 5 trading sessions, UWMC rose by +3.57%, which changed the moving average for the period of 200-days by -11.80% in comparison to the 20-day moving average, which settled at $6.03. In addition, UWM Holdings Corporation saw -17.76% 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 Mat Ishbia, who sale 1,200,000 shares at the price of $8.45 back on Sep 16 ’24. After this action, Mat Ishbia now owns 0 shares of UWM Holdings Corporation, valued at $10,140,000 using the latest closing price.
Mat Ishbia, the President and CEO of UWM Holdings Corporation, sale 10,842,012 shares at $8.45 during a trade that took place back on Sep 13 ’24, which means that Mat Ishbia is holding 0 shares at $91,615,001 based on the most recent closing price.
Stock Fundamentals for UWMC
Current profitability levels for the company are sitting at:
- 0.47 for the present operating margin
- 1.11 for the gross margin
The net margin for UWM Holdings Corporation stands at 0.01. The total capital return value is set at 0.06. Equity return is now at value -17.19, with -0.16 for asset returns.
Based on UWM Holdings Corporation (UWMC), the company’s capital structure generated 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at -2.53. The debt to equity ratio resting at 19.98. The interest coverage ratio of the stock is 2.08.
Currently, EBITDA for the company is 1.14 billion with net debt to EBITDA at 2.03. When we switch over and look at the enterprise to sales, we see a ratio of 6.05. The receivables turnover for the company is 3.21for trailing twelve months and the total asset turnover is 0.12.
Conclusion
In conclusion, UWM Holdings Corporation (UWMC) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
