While UWM Holdings Corporation has overperformed by 0.16%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, UWMC fell by -5.51%, with highs and lows ranging from $9.74 to $5.31, whereas the simple moving average fell by -14.27% in the last 200 days.
On November 05, 2024, Morgan Stanley started tracking UWM Holdings Corporation (NYSE: UWMC) recommending Equal-Weight. A report published by Barclays on October 08, 2024, Upgraded its rating to ‘Equal Weight’ for UWMC. Keefe Bruyette also Upgraded UWMC shares as ‘Mkt Perform’, setting a target price of $6 on the company’s shares in a report dated April 09, 2024. Keefe Bruyette January 10, 2024d its ‘Mkt Perform’ rating to ‘Underperform’ for UWMC, as published in its report on January 10, 2024. UBS’s report from December 06, 2023 suggests a price prediction of $4 for UWMC shares, giving the stock a ‘Sell’ rating. Barclays also rated the stock as ‘Underweight’.
Analysis of UWM Holdings Corporation (UWMC)
Investors in UWM Holdings Corporation will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.40 per share. Further, the quarter-over-quarter increase in sales is 66.47%, showing a positive trend in the upcoming months.
One of the most important indicators of UWM Holdings Corporation’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -17.19% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and UWMC is recording 3.45M average volume. On a monthly basis, the volatility of the stock is set at 4.29%, whereas on a weekly basis, it is put at 2.79%, with a gain of 1.48% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.83, showing growth from the present price of $6.17, which can serve as yet another indication of whether UWMC is worth investing in or should be passed over.
How Do You Analyze UWM Holdings Corporation Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 24.51%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 43.36% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
UWMC shares are owned by institutional investors to the tune of 43.36% at present.
