How have the shares performed?
Unity Software Inc. (U) saw an uptrend of 8.12% in the recent trading with $87.48 being its most recent. The current price level -49.99% lower than the highest price of $174.94 marked by the stock while trading over the past 52-weeks, whereas it is 34.36% higher than the lowest price of $65.11 the company dropped to over past 52-weeks. The latest news story on U appeared in Motley Fool under the title “Down 50%, Is Unity Stock a Buy Right Now?” on May-14-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -17.81% below one month high and is +15.11% above of the lowest during that time. Looking into the simple moving average, Unity Software Inc. (U)’s stock stands at a SMA-50 of $97.92 while that of 5-day is reading $83.75.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 12 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.
Unity Software Inc. Earnings – What Happened With U
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Unity Software Inc. (U) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 16.70% for net revenue. During the reported three-month period, company’s sales were $220.34 billion while analysts on average were estimating the same to be $242.46 million.
U – Unity Software Inc. Stock Earnings Estimates
The perspective of Unity Software Inc. (NYSE:U)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.12 for stock’s EPS in the current quarter. 11 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.1.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 276.07 million. U does have institutional investors; and they hold 74.70% of the stock.
Unity Software Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 19 new insider purchases involving 886,381 shares. On the other hand, U declared 10,197,664 shares have been sold in 139 insider transactions over the past three months.
As on Dec 30, 2020, Silver Lake Group, LLC was the top most holder in Unity Software Inc. (NYSE:U) with an ownership of 43.3 million shares of the company or 15.50% of the stake worth $6.65 billion. The filing also reveals SC US (TTGP) Ltd as the second largest holder in the company with a control over 11.80% of the outstanding shares. Its stake is worth $5.06 billion for having 32.96 million shares in hand.
Resolute Advisors, LLC also came holding a key position in the company during the recent quarter and it now holds 11.36% of the outstanding shares. With this there are now 399 institutions which have possession in U’s shares.
Currently, the stock has been recommended as Moderate Buy by 12 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Unity Software Inc. was 4.13 while posting a debt to equity ratio of 0.00. The count was 4.84 for long-term debt to equity ratio.
Unity Software Inc.’s return on equity, or ROE, is -24.50%, compared to the industry average of 4.70% for Technology – Software – Application. Although this indicates that U fails to use its equity well, the metric will vary significantly depending on the industry.