Unity Software Inc (U) concluded trading on Wednesday at a closing price of $23.06, with 6.93 million shares of worth about $159.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 40.01% during that period and on January 22, 2025 the price saw a gain of about 3.97%. Currently the company’s common shares owned by public are about 402.58M shares, out of which, 302.59M shares are available for trading.
Stock saw a price change of 5.01% in past 5 days and over the past one month there was a price change of 3.22%. Year-to-date (YTD), U shares are showing a performance of 2.63% which decreased to -30.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.90 but also hit the highest price of $35.56 during that period. The average intraday trading volume for Unity Software Inc shares is 10.98 million. The stock is currently trading 1.45% above its 20-day simple moving average (SMA20), while that difference is up 0.43% for SMA50 and it goes to 13.39% higher than SMA200.
Unity Software Inc (NYSE: U) currently have 402.58M outstanding shares and institutions hold larger chunk of about 56.79% of that.
The stock has a current market capitalization of $9.29B and its 3Y-monthly beta is at 2.32. It has posted earnings per share of -$2.04 in the same period. It has Quick Ratio of 2.41 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for U, volatility over the week remained 5.29% while standing at 6.10% over the month.
Analysts are in expectations that Unity Software Inc (U) stock would likely to be making an EPS of -0.37 in the current quarter, while forecast for next quarter EPS is -0.37 and it is -1.21 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.56 which is -0.28 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.66 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -16.26% while it is estimated to decrease by -17.88% in next year. EPS is likely to grow at an annualized rate of -4.00% for next 5-years, compared to annual growth of -34.36% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on October 29, 2024 offering an Equal weight rating for the stock and assigned a target price of $20 to it. Coverage by Stifel stated Unity Software Inc (U) stock as a Buy in their note to investors on September 13, 2024, suggesting a price target of $25 for the stock. On September 03, 2024, Morgan Stanley Upgrade their recommendations, while on February 27, 2024, Piper Sandler Upgrade their ratings for the stock with a price target of $30. Stock get an Underperform rating from Macquarie on February 12, 2024.
