In today’s recent session, 0.8 million shares of the UBS Group AG (NYSE:UBS) have been traded, and its beta is 1.10. Most recently the company’s share price was $19.70, and it changed around -$0.17 or -0.86% from the last close, which brings the market valuation of the company to $66.09B. UBS at last check was trading at a discount to its 52-week high of $22.15, offering almost -12.44% off that amount. The share price’s 52-week low was $13.62, which indicates that the recent value has risen by an impressive 30.86% since then. We note from UBS Group AG’s average daily trading volume that its 10-day average is 2.19 million shares, with the 3-month average coming to 5.50 million.
UBS Group AG stock received a consensus recommendation rating of an Overweight, based on a mean score of 1.50. If we narrow it down even further, the data shows that 3 out of 20 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 5 recommended UBS as a Hold, whereas 9 deemed it a Buy, and 1 rated it as Underweight. UBS Group AG is expected to report earnings per share of $0.44 for the current quarter.
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UBS Group AG (NYSE:UBS) trade information
Instantly UBS has been showing red trend so far today with a performance of -0.86% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 20.21 on Tuesday, 05/23/23 increased the stock’s daily price by 2.52%. The company’s shares are currently up 6.89% year-to-date, but still up 0.82% over the last five days. On the other hand, UBS Group AG (NYSE:UBS) is 0.51% up in the 30-day period. We can see from the shorts that 21.6 million shares have been sold at a short interest cover period of 4.37 day(s).
The consensus price target as assigned by Wall Street analysts is $23.79, which translates to bulls needing to increase their stock price by 17.19% from its current value. Analyst projections state that UBS is forecast to be at a low of $18.41 and a high of $33.51. In order for the stock price to hit the forecast high, the stock would need to plunge -70.1% from its current level, while the stock would need to crash 6.55% from its current level to reach the projected low.
UBS Group AG (UBS) estimates and forecasts
UBS Group AG share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 8.87 percent over the past six months and at a -41.33% annual growth rate that is well below the industry average of 2.70%. Moreover, analysts have decided to roll up on their fiscal year 2023 revenue estimates. The rating firms predict that it will loss -27.90% in revenue this quarter, and will report a decrease of -15.40% in the next quarter. The year-over-year growth rate is expected to be 3.90%, up from the previous year.
1 analysts expect UBS Group AG to make $4.79 billion in revenue for the quarter ending Sep 2023. Forecasts for the next quarter put sales growth at -41.70%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.10%. UBS Group AG earnings are expected to increase by 9.20% in 2023, but the outlook is positive 10.12% per year for the next five years.
UBS Dividends
UBS Group AG’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 2.79 percent and its annual dividend per share was 0.56. It is important to note, however, that the 2.79% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
UBS Group AG (NYSE:UBS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.08% of UBS Group AG shares, and 56.39% of them are in the hands of institutional investors. The stock currently has a share float of 56.44%. UBS Group AG stock is held by 927 institutions, with UBS Group AG being the largest institutional investor. By Mar 30, 2023, it held 7.84% of the shares, which is about 302.42 million shares worth $6.45 billion.
Dodge & Cox Inc, with 4.02% or 155.11 million shares worth $3.31 billion as of Mar 30, 2023, holds the second largest percentage of outstanding shares.
Dodge & Cox International Stock Fund and Vanguard International Stock Index-Total Intl Stock Indx were the top two Mutual Funds as of Dec 30, 2022. The former held 84.93 million shares worth $1.59 billion, making up 2.20% of all outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held roughly 39.28 million shares worth around $842.89 million, which represents about 1.02% of the total shares outstanding.