On Monday, UWM Holdings Corporation (NYSE: UWMC) was 1.43% up from the session before settling in for the closing price of $6.29. A 52-week range for UWMC has been $5.01 – $9.74.
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Financial Sector giant saw their annual sales slid by -9.40% over the last five years. When this article was written, the company’s average yearly earnings per share was at 717.60%. With a float of $50.98 million, this company’s outstanding shares have now reached $93.65 million.
The firm has a total of 6700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 96.29%, operating margin of 49.13%, and the pretax margin is 4.23%.
UWM Holdings Corporation (UWMC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward UWM Holdings Corporation stocks. The insider ownership of UWM Holdings Corporation is 46.68%, while institutional ownership is 58.89%. The most recent insider transaction that took place on Sep 16 ’24, was worth 10,140,000. In this transaction President and CEO of this company sold 1,200,000 shares at a rate of $8.45, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 13 ’24, when Company’s President and CEO sold 10,842,012 for $8.45, making the entire transaction worth $91,615,001. This insider now owns 0 shares in total.
UWM Holdings Corporation (UWMC) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.15 earnings per share (EPS) during the time that was better than consensus figure (set at 0.06) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 717.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.56% during the next five years compared to -277.33% drop over the previous five years of trading.
UWM Holdings Corporation (NYSE: UWMC) Trading Performance Indicators
You can see what UWM Holdings Corporation (UWMC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of UWM Holdings Corporation (UWMC)
Analysing the last 5-days average volume posted by the [UWM Holdings Corporation, UWMC], we can find that recorded value of 3.35 million was better than the volume posted last year of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 11.46%. Additionally, its Average True Range was 0.23.
During the past 100 days, UWM Holdings Corporation’s (UWMC) raw stochastic average was set at 2.89%, which indicates a significant decrease from 7.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.36% in the past 14 days, which was lower than the 38.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.00, while its 200-day Moving Average is $7.38. Now, the first resistance to watch is $6.50. This is followed by the second major resistance level at $6.61. The third major resistance level sits at $6.71. If the price goes on to break the first support level at $6.28, it is likely to go to the next support level at $6.18. Should the price break the second support level, the third support level stands at $6.07.
UWM Holdings Corporation (NYSE: UWMC) Key Stats
There are 95,612K outstanding shares of the company, which has a market capitalization of 9.96 billion. As of now, sales total 1,311 M while income totals -13,230 K. Its latest quarter income was 507,090 K while its last quarter net income were 3,050 K.
