With 3.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.98 million shares. The 52-week range on UNIT shows that it touched its highest point at $6.71 and its lowest point at $2.57 during that stretch. It currently has a 1-year price target of $7.00. With its current market cap of 1.29 billion, UNIT has annualized dividend of $0.30 while the current yield stands at 5.68%. Beta for the stock currently stands at 1.58.
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 UNIT was down-trending over the past week, with a drop of -7.37%, but this was down by -0.38% over a month. Three-month performance dropped to -10.66% while six-month performance rose 21.10%. The stock lost -17.63% in the past year, while it has lost -4.00% so far this year. A look at the trailing 12-month EPS for UNIT yields 0.38 with Next year EPS estimates of -0.01. For the next quarter, that number is 0.09. This implies an EPS growth rate of -57.24% for this year and -107.69% for next year. EPS is expected to grow by 3.39% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 53.74%.
Float and Shares Shorts:
At present, 237.51 million UNIT shares are outstanding with a float of 227.20 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 UNIT since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 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.
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 $0.38857 being high and $0.3875 being low. For UNIT, this leads to a yearly average estimate of $0.388. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
Summary of Insider Activity:
Insiders traded UNIT stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
