United Community Banks Inc. (NASDAQ:UCBI) changes shares on Friday trading session, with a change of -0.15% or -$0.03 shares. The trading starts at $19.69 and closed at $19.97 throughout the day. The trading session low price was $19.23 and day high was $20.6047 on Friday, June 19. After the session, the Financial sector daily volume shifted to 1.08 million while its average volume is 582.19K. In other hand, the UCBI market cap reached to $1.52B. While, its current target price is $19.94 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 1.53% and up 8.66% for month. Its quarterly performance was 8.37% above, while its half year performance is down -34.73%. UCBI yearly performance stood at negative -26.99% and fall -35.43% for year-to-date. Current recommendation for United Community Banks Inc. is 2.50.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. UCBI EPS (TTM) for 12-month is 2.16. EPS for this year is 11.70%, while for the next year its value is 1.77. Sales growth for the current quarter is 9.23 while its EPS Q/Q reached -27.70%. It has an EPS of 15.80% up for past five years and for the next five years will be up 1.00%.
Let’s take a look on the analyst recommendations on UCBI for the current month and previous month. For the current month, 3 of 8 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $19.00-$23.50. Average target price for UCBI was reached at $21.43.
The insider ownership moved to 1.10% and institutional holding shifted to 92.20%.
The company posted an EPS (TTM) of 2.16. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of 0.33, while 0.59 EPS posted a year ago period. Analyst Estimated EPS for UCBI published in the report was 0.24-0.4 during the same period. Comparing with last year, the average estimated EPS was 0.59 which is higher than 0.41 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for UCBI fall -21.95% for period of 200 days. SMA for 50 days was 3.85% which is showing green signal, while SMA-20 was -1.64%. The moving average value for United Community Banks Inc. (UCBI) is 23.84 and 19.24 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in UCBI stock. On Jun 10, RICHLOVSKY THOMAS A, Director, bought 4,000 trading shares at the cost of $25.00, which valued at 100000.0. On Jun 10, HARRALSON JEFFERSON L, EVP, CFO, bought 1,000 shares at the cost of $25.00, with total shares of 1,000. On Feb 24, DANIELS KENNETH L, Director, bought 1,000 shares at the cost of 28.31. After this transaction, DANIELS KENNETH L total shares reached to 2,000 which valued at 28308.0.