Unity Software Inc (NYSE:U)’s traded shares stood at 1.25 million during the latest session, with the company’s beta value hitting 2.25. At the last check today, the stock’s price was $19.05, to imply a decrease of -0.44% or -$0.08 in intraday trading. The U share’s 52-week high remains $43.54, putting it -128.56% down since that peak but still an impressive 27.03% since price per share fell to its 52-week low of $13.90. The company has a valuation of $7.67B, with an average of 11.26 million shares in intraday trading volume over the past 10 days and average of 11.83 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Unity Software Inc (U), translating to a mean rating of 2.40. Of 21 analyst(s) looking at the stock, 3 analyst(s) give U a Sell rating. 1 of those analysts rate the stock as Overweight while 10 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.37.

Unity Software Inc (NYSE:U) trade information

After registering a -0.44% downside in the latest session, Unity Software Inc (U) has traded red over the past five days. The 5-day price performance for the stock is -14.25%, and -12.60% over 30 days. With these gigs, the year-to-date price performance is -53.42%. Short interest in Unity Software Inc (NYSE:U) saw shorts transact 24.4 million shares and set a 2.88 days time to cover.

The extremes give us $15 and $180 for target low and target high price respectively. As such, U has been trading -844.88% off suggested target high and 21.26% from its likely low.

Unity Software Inc (U) estimates and forecasts

Looking at statistics comparing Unity Software Inc share performance against respective industry, we note that the company has underperformed competitors. Unity Software Inc (U) shares are -13.78% down over the last 6 months, with its year-to-date growth rate lower than industry average at -536.59% against 22.80%. Revenue is forecast to shrink -66.44% this quarter before falling -44.28% for the next one. The rating firms project that company’s revenue will shrink -18.45% compared to the previous financial year.

Revenue forecast for the current quarter as set by 18 analysts is 433.3M. Meanwhile, for the current quarter, a total of 15 analyst(s) estimate revenue growth to 438.66M.Earnings reports from the last fiscal year show that sales brought in 609.27M and 460.38M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -28.88% before dropping -4.72% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -34.36% for the past 5-year period. While 2024 is set for a -15.74% return in earnings, projections for the next 5 years are at -4.00% annually.

U Dividends

Unity Software Inc has its next earnings report out on 2025-Feb-24. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Unity Software Inc (NYSE:U)’s Major holders

Unity Software Inc insiders hold 10.65% of total outstanding shares, with institutional holders owning 76.67% of the shares at 85.80% float percentage. In total, 76.67% institutions holds shares in the company, led by SILVER LAKE GROUP, L.L.C.. As of 2024-06-30, the company held over 34.74 million shares (or 8.9721% of shares), all amounting to roughly $564.8 million.

The next major institution holding the largest number of shares is SC US (TTGP), LTD. with 32.25 million shares, or about 8.3301% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $524.39 million.