On Monday, UWM Holdings Corporation (NYSE: UWMC) opened lower -0.69% from the last session, before settling in for the closing price of $5.78. Price fluctuations for UWMC have ranged from $5.44 to $9.74 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Financial sector was -9.40%. Company’s average yearly earnings per share was noted 568.50% at the time writing. With a float of $114.78 million, this company’s outstanding shares have now reached $157.91 million.
Considering the fact that the conglomerate employs 6700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 110.98%, operating margin of 47.36%, and the pretax margin is -9.29%.
UWM Holdings Corporation (UWMC) Insider Activity
A key investor’s attitude towards the stock of the Mortgage Finance industry is another important factor to consider. The insider ownership of UWM Holdings Corporation is 27.32%, while institutional ownership is 43.26%. 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
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 568.50% 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
Check out the current performance indicators for UWM Holdings Corporation (UWMC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.23, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of UWM Holdings Corporation (UWMC)
Compared to the last year’s volume of 2.08 million, its volume of 2.08 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.11%. Additionally, its Average True Range was 0.25.
During the past 100 days, UWM Holdings Corporation’s (UWMC) raw stochastic average was set at 6.98%, which indicates a significant decrease from 28.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.58% in the past 14 days, which was lower than the 37.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.25, while its 200-day Moving Average is $7.27. Nevertheless, the first resistance level for the watch stands at $5.84 in the near term. At $5.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.06. If the price goes on to break the first support level at $5.61, it is likely to go to the next support level at $5.49. Should the price break the second support level, the third support level stands at $5.39.
UWM Holdings Corporation (NYSE: UWMC) Key Stats
There are currently 1,598,246K shares outstanding in the company with a market cap of 9.08 billion. Presently, the company’s annual sales total 1,311 M according to its annual income of -13,230 K. Last quarter, the company’s sales amounted to 526,430 K and its income totaled -6,300 K.