UBS Group AG (NYSE: UBS) is -1.63% lower on its value in year-to-date trading and has touched a low of $22.93 and a high of $31.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UBS stock was last observed hovering at around $30.64 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $30.00, the stock is 0.55% and 0.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -2.09% at the moment leaves the stock 1.44% off its SMA200. UBS registered 19.81% gain for a year compared to 6-month gain of -2.42%. The firm has a 50-day simple moving average (SMA 50) of $29.8696 and a 200-day simple moving average (SMA200) of $29.77315.
The stock witnessed a -3.60% loss in the last 1 month and extending the period to 3 months gives it a 2.70%, and is 0.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.27% over the week and 1.42% over the month.
UBS Group AG (UBS) has around 112842 employees, a market worth around $96.06B and $87.34B in sales. Current P/E ratio is 162.43 and Fwd P/E is 14.42. Profit margin for the company is 0.82%. Distance from 52-week low is 30.85% and -6.09% from its 52-week high. The company has generated returns on investments over the last 12 months (0.17%).
UBS Group AG quarterly earnings per share for the current quarter are estimated at 0.31 with sales reaching $10.7B over the same period.The EPS is expected to grow by 364.04% this year, but quarterly earnings will post 15.90% year-over-year.
The shares outstanding are 3.21B, and float is at 2.96B with Short Float at 0.40%.
The top institutional shareholder in the company is NORGES BANK with over 168.29 million shares valued at $4.95 billion. The investor’s holdings represent 5.2504 of the UBS Shares outstanding. As of 2024-06-30, the second largest holder is UBS GROUP AG with 156.59 million shares valued at $4.63 billion to account for 4.8855 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 124.94 million shares representing 3.8981 and valued at over $3.69 billion, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 3.0613 of the shares totaling 98.12 million with a market value of $2.9 billion.
UBS Group AG (UBS) Insider Activity
The most recent transaction is an insider purchase by UBS Group AG, the company’s 10% Owner. SEC filings show that UBS Group AG bought 3,715 shares of the company’s common stock on Aug 27 ’24 at a price of $0.55 per share for a total of $2052.0. Following the purchase, the insider now owns 0.15 million shares.
UBS Group AG disclosed in a document filed with the SEC on Jul 08 ’24 that UBS Group AG (10% Owner) bought a total of 105 shares of the company’s common stock. The trade occurred on Jul 08 ’24 and was made at $4.53 per share for $476.0. Following the transaction, the insider now directly holds 25379.0 shares of the UBS stock.
Still, SEC filings show that on Jul 05 ’24, UBS Group AG (10% Owner) acquired 3 shares at an average price of $4.40 for $13.0. The insider now directly holds 26,133 shares of UBS Group AG (UBS).
