UBS Group AG (NYSE:UBS) finished Wednesday with an addition of $0.59 to close at $24.32, an upside of 2.49 percent. An average of 2,477,000 shares of common stock have been traded in the last five days. There was a gain of $0.92 in the past week, and it reached a new high 32 times over the past 12 months. The last 20 days have seen an average of 2,630,055 shares traded, while the 50-day average volume stands at 2,510,610.
UBS stock has increased by 12.02% in the last month. The company shares reached their 1-month lowest point of $21.34 on 08/03/23. With the stock rallying to its 52-week high on 08/23/23, shares of the company touched a low of $13.62 and a high of $23.94 in 52 weeks. It has reached a new high 21 times so far this year and achieved 31.95% or $5.65 in price. In spite of this, the price is up 1.59% from the 52-week high.
Valuation Metrics
UBS Group AG (UBS) has a trailing price-to-earnings (P/E) ratio of 12.43. The stock’s beta is 1.09. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.37, the price-to-book (PB) ratio at 1.32.
The company’s most recent quarterly dividend payment was $0.1790 a share, representing a down of -64.2% from $0.50 last year. Its latest decrease dividend $0.3210 reported on Tuesday January 31 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 2.99 and a total debt to equity ratio of 2.99 for the quarter ending March 30. Its gross profit as reported stood at $6.62 billion compared to revenue of $11.78 billion.
Earnings Surprise
The analyst consensus anticipated UBS Group AG’s latest quarter earnings to come in at $0.54 per share, but it turned out to be $0.32, a -40.70% surprise. At the end of the quarter ending March 30, UBS Group AG’s stock balance sheet showed total debt was $346.12 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at UBS Group AG (UBS) price momentum. RSI 9-day as of the close on 23 August was 82.78%, suggesting the stock is Overbought, with historical volatility in this time frame at 27.01%.
As of today, UBS’s price is $23.69 +3.93% or $0.92 from its 5-day moving average. UBS is currently trading +11.05% higher than its 20-day SMA and +18.58% higher than its 100-day SMA. However, the stock’s current price level is +19.86% above the SMA50 and +55.00% above the SMA200.
The stochastic %K and %D were 93.58% and 90.77%, respectively, and the average true range (ATR) was 0.43. With the 14-day stochastic at 99.06% and the average true range at 0.42, the RSI (14) stands at 77.75%. The stock has reached 0.27 on the 9-day MACD Oscillator while the 14-day reading was at 0.82.
Analyst Ratings
The consensus rating for UBS Group AG (UBS) among analysts is Overweight. According to current brokerage recommendations, 3 brokerage firms advise that investors sell UBS, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 10 others rate it as a “buy”.
What is UBS’s price target for the next 12 months?
Analysts predict a range of price targets between $18.27 and $30.72, with a median target of $24.22. Taking a look at these predictions, the average price target given by analysts for UBS Group AG (UBS) stock is $25.18.
