With 11.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.85 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $6.09 whereas the lowest price it dropped to was $6.01. The 52-week range on UMC shows that it touched its highest point at $9.00 and its lowest point at $5.61 during that stretch. It currently has a 1-year price target of $4.80. With its current market cap of 15.20 billion, UMC has annualized dividend of $0.46 while the current yield stands at 7.53%. UMC paid its most recent dividend on 1719878400, while the ex-dividend date for that was 1719878400. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UMC was up-trending over the past week, with a rise of 5.40%, but this was down by -7.91% over a month. Three-month performance dropped to -14.31% while six-month performance fell -22.93%. The stock lost -20.60% in the past year, while it has lost -6.78% so far this year. A look at the trailing 12-month EPS for UMC yields 0.65 with Next year EPS estimates of 0.62. For the next quarter, that number is 0.11. This implies an EPS growth rate of -5.76% for this year and 14.30% for next year.
Float and Shares Shorts:
At present, 2.51 billion UMC shares are outstanding with a float of 2.51 billion shares on hand for trading. On 2024-12-31, short shares totaled 80.55 million, which was 320.99999999999994 higher than short shares on 1732838400. In addition to Mr. Jia Cong Hung as the firm’s Chairman & Chief Strategy Officer, Mr. Jason S. Wang serves as its Co-President & Representative Director.
Institutional Ownership:
Through their ownership of 0.065960005 of UMC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, UMC reported revenue of $60485085000.0 and operating income of $14028337000.0. The EBITDA in the recently reported quarter was $29182119000.0 and diluted EPS was $5.75.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UMC since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With UMC analysts setting a high price target of 8.81 and a low target of 4.8, the average target price over the next 12 months is 6.97744. Based on these targets, UMC could surge 45.62% to reach the target high and fall by -20.66% to reach the target low. Reaching the average price target will result in a growth of 15.33% from current levels.
Analysts have provided yearly estimates in a range of $20.74367 being high and $19.77131 being low. For UMC, this leads to a yearly average estimate of $20.41955. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.12.
