Univar Solutions Inc. (UNVR): Find Out What Insiders Are Doing

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Univar Solutions Inc. (NYSE:UNVR) finished Friday with an addition of $0.13 to close at $31.80, an upside of 0.41 percent. An average of 630,760 shares of common stock have been traded in the last five days. There was a gain of $0.17 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 1,668,505 shares traded, while the 50-day average volume stands at 1,684,702.

UNVR stock has decreased by -4.01% in the last month. The company shares reached their 1-month lowest point of $30.88 on 12/20/22. With the stock rallying to its 52-week high on 12/05/22, shares of the company touched a low of $21.49 and a high of $34.53 in 52 weeks. It has reached a new high 18 times so far this year and achieved 12.17% or $3.45 in price. In spite of this, the price is down -7.91% from the 52-week high.


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Insider Transactions

UNVR stock investors should be aware that Univar Solutions Inc. (UNVR) stock had its last reported insider trading activity 32 days ago on Nov 29. In this transaction, the insider spent $225,535. SVP, Chief Information Officer, Jerding Pat, disposed of 11,654 shares at a price of $33.50 on Nov 28. The insider now owns more than $390,409 worth of shares. Prior to that, Director NEWLIN STEPHEN D went on to Sale 50,000 shares at $32.91 each on Nov 28. An amount of $1,645,430 was transacted.

Valuation Metrics

Univar Solutions Inc. (UNVR) has a trailing price-to-earnings (P/E) ratio of 8.59. The stock’s beta is 1.67. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.45, the price-to-book (PB) ratio at 2.06, and the price-to-cash flow ratio at 25.83.

Financial Health

The quick ratio of Univar Solutions Inc. for the three months ended June 29 was 1.40, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.96 and a total debt to equity ratio of 0.98 for the quarter ending June 29. Its gross profit as reported stood at $2.39 billion compared to revenue of $9.54 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Univar Solutions Inc.’s return on assets was 8.80%.

Earnings Surprise

For the three-month period that ended June 29, Univar Solutions Inc. had $2.47 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $130.0 million in the quarter, while revenues of $162.9 million were grew 35.08%. The analyst consensus anticipated Univar Solutions Inc.’s latest quarter earnings to come in at $0.91 per share, but it turned out to be $1, a 9.90% surprise. For the quarter, EBITDA amounted to $255.0 million. Shareholders own equity worth $163.17 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Univar Solutions Inc. (UNVR) price momentum. RSI 9-day as of the close on 30 December was 48.88%, suggesting the stock is Neutral, with historical volatility in this time frame at 19.72%.

As of today, UNVR’s price is $31.69 +0.54% or $0.17 from its 5-day moving average. UNVR is currently trading -5.19% lower than its 20-day SMA and +24.27% higher than its 100-day SMA. However, the stock’s current price level is +31.08% above the SMA50 and -2.63% below the SMA200.

The stochastic %K and %D were 22.83% and 23.24%, respectively, and the average true range (ATR) was 0.76. With the 14-day stochastic at 30.46% and the average true range at 0.83, the RSI (14) stands at 52.72%. The stock has reached -0.10 on the 9-day MACD Oscillator while the 14-day reading was at -0.47.

Analyst Ratings

Credit Suisse launched coverage on Univar Solutions Inc. (NYSE: UNVR) in its analyst report released on October 21, 2022. The firm assigned the stock an Outperform rating. The consensus rating for Univar Solutions Inc. (UNVR) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell UNVR, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 9 others rate it as a “buy”.

What is UNVR’s price target for the next 12 months?

Analysts predict a range of price targets between $32.00 and $41.00, with a median target of $36.00. Taking a look at these predictions, the average price target given by analysts for Univar Solutions Inc. (UNVR) stock is $36.20.

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