A major move is in the offing as United Community Banks Inc (UCB) market cap hits 3.91 billion

United Community Banks Inc (NYSE: UCB) on Tuesday, plunged -1.15% from the previous trading day, before settling in for the closing price of $33.15. Within the past 52 weeks, UCB’s price has moved between $24.02 and $33.42.

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Financial Sector giant saw their annual sales surged by 18.10% over the last five years. The company achieved an average annual earnings per share of 6.09%. With a float of $118.44 million, this company’s outstanding shares have now reached $119.01 million.

The firm has a total of 3121 workers. Let’s measure their productivity. In terms of profitability, gross margin is 114.62%, operating margin of 15.32%, and the pretax margin is 23.72%.

United Community Banks Inc (UCB) Insider Activity

Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of United Community Banks Inc is 0.71%, while institutional ownership is 82.52%. The most recent insider transaction that took place on Oct 28 ’24, was worth 285,193. In this transaction EVP, CFO of this company sold 10,275 shares at a rate of $27.76, taking the stock ownership to the 43,991 shares. Before that another transaction happened on Oct 25 ’24, when Company’s Officer proposed sale 10,275 for $28.25, making the entire transaction worth $290,268.

United Community Banks Inc (UCB) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.53 earnings per share (EPS) for the period topping the consensus outlook (set at 0.52) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.00% during the next five years compared to -5.79% drop over the previous five years of trading.

United Community Banks Inc (NYSE: UCB) Trading Performance Indicators

United Community Banks Inc (UCB) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 21.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.53, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.32 in one year’s time.

Technical Analysis of United Community Banks Inc (UCB)

Analysing the last 5-days average volume posted by the [United Community Banks Inc, UCB], we can find that recorded value of 0.7 million was better than the volume posted last year of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 84.39%. Additionally, its Average True Range was 0.97.

During the past 100 days, United Community Banks Inc’s (UCB) raw stochastic average was set at 92.83%, which indicates a significant increase from 89.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.02% in the past 14 days, which was higher than the 36.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.39, while its 200-day Moving Average is $27.35. Now, the first resistance to watch is $33.11. This is followed by the second major resistance level at $33.46. The third major resistance level sits at $33.83. If the price goes on to break the first support level at $32.39, it is likely to go to the next support level at $32.02. Should the price break the second support level, the third support level stands at $31.67.

United Community Banks Inc (NYSE: UCB) Key Stats

Market capitalization of the company is 3.91 billion based on 119,287K outstanding shares. Right now, sales total 1,313 M and income totals 187,540 K. The company made 357,180 K in profit during its latest quarter, and 47,350 K in sales during its previous quarter.