With 39.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.88 million shares. The 52-week range on U shows that it touched its highest point at $33.43 and its lowest point at $13.90 during that stretch. It currently has a 1-year price target of $26.97. Beta for the stock currently stands at 2.32.
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 U was up-trending over the past week, with a rise of 36.64%, but this was up by 22.90% over a month. Three-month performance surged to 57.53% while six-month performance rose 66.51%. The stock lost -11.49% in the past year, while it has gained 26.12% so far this year. A look at the trailing 12-month EPS for U yields -1.69 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.12. This implies an EPS growth rate of -38.54% for this year and 24.75% for next year. EPS is expected to decline by -0.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -22.36%.
Float and Shares Shorts:
At present, 409.39 million U shares are outstanding with a float of 302.88 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for U since 21 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 1 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.93495 being high and $0.88213 being low. For U, this leads to a yearly average estimate of $0.90854. Based on analyst estimates, the high estimate for the next quarter is -$0.21 and the low estimate is -$0.37. The average estimate for the next quarter is thus -$0.3.
