Unity Software Inc [NYSE: U] stock went on an upward path that rose over 5.29% on Friday, amounting to a one-week price increase of more than 25.54%.
Over the last 12 months, U stock dropped by -45.93%. The one-year Unity Software Inc stock forecast points to a potential downside of -1.53. The average equity rating for U stock is currently 2.41, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $7.90 billion, with 384.87 million shares outstanding and 282.92 million shares in the current float. Compared to the average trading volume of 10.62M shares, U stock reached a trading volume of 26527988 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Unity Software Inc [U]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for U shares is $19.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on U stock is a recommendation set at 2.41. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Unity Software Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 13, 2024. The new note on the price target was released on September 03, 2024, representing the official price target for Unity Software Inc stock. Previously, the target price had yet another drop from $35 to $30, while Piper Sandler kept a Neutral rating on U stock.
The Average True Range (ATR) for Unity Software Inc is set at 1.23, with the Price to Sales ratio for U stock in the period of the last 12 months amounting to 3.83. The Price to Book ratio for the last quarter was 2.47, with the Price to Cash per share for the same quarter was set at 3.19. Price to Free Cash Flow for U in the course of the last twelve months was 34.39 with Quick ratio for the last quarter at 2.35.
U Stock Performance Analysis:
Unity Software Inc [U] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 25.54. With this latest performance, U shares gained by 25.85% in over the last four-week period, additionally sinking by -23.42% over the last 6 months – not to mention a drop of -45.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for U stock in for the last two-week period is set at 66.06, with the RSI for the last a single of trading hit 71.07, and the three-weeks RSI is set at 62.12 for Unity Software Inc [U]. The present Moving Average for the last 50 days of trading for this stock 16.43, while it was recorded at 17.99 for the last single week of trading, and 24.80 for the last 200 days.
Insight into Unity Software Inc Fundamentals:
Unity Software Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.35 and a Current Ratio set at 2.35.
U Stock EPS
With the latest financial reports released by the company, Unity Software Inc posted -0.32/share EPS, while the average EPS was predicted by analysts to be reported at 0.13/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.45. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for U.
Unity Software Inc [U] Institutonal Ownership Details
There are presently around $73.29%, or 82.09%% of U stock, in the hands of institutional investors. The top three institutional holders of U stocks are: SILVER LAKE GROUP, L.L.C. with ownership of 34.74 million shares, which is approximately 8.9721%. SC US (TTGP), LTD., holding 32.25 million shares of the stock with an approximate value of $$524.39 million in U stocks shares; and SC US (TTGP), LTD., currently with $$454.8 million in U stock with ownership which is approximately 7.2247%.
