Univar Solutions Inc. (NYSE:UNVR) currently has a daily average trading volume of 3.52M but it saw 8630701 shares traded on Thursday. With a market cap of 5.59B USD, stock’s current market price of $35.65 came rising about 0.28 while comparing to the previous closing price of $35.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.63 and as low as $21.49. In the recent trading on the day, stock has struck highest price mark of $35.72 while lowest mark touched by it was $35.60.
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Taking a look at 20-day trading activity of Univar Solutions Inc. (UNVR) gives us an average price of $35.50, while its current price level is 0.06% below from 52-week high level whereas it is 65.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $35.23 while that of 200 days or SMA-200 reads an average of $30.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.22% during that period while stretching the period over a month that increases to 0.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.17 which implies that the stock is in neutral territory.
Univar Solutions Inc. (UNVR)’s stock is currently under the radar of 5 analysts who are in consensus at a 12-month price target range of between $36.00 and $40.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $36.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $40.00. Average price target assigned by them is $36.86 which highlights an upside potential of 3.28% for the stock over that period. And to attain the median price target of $36.15 assigned by those analysts, stock has to add about 1.38% of value to its current levels.
Data by FactSet Research shows that 5 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 4 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, UNVR’s stock price is moving 0.79% up while it is 1.13% when we observe its performance for the past one month. Year-to-date it is 12.11% up and over the past year, the stock is showing an upside performance of 24.04%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.63 beat the consensus estimate of $0.61 for the same. The company is expected to be releasing its next quarterly report in 07/31/2023, for which analysts forecasted an EPS of $0.73 while estimate for next year EPS is $2.89. For UNVR, analysts are forecasting an EPS-growth rate of -15.00% for current year and estimate for EPS growth in next year is 14.50%. In next quarter, company is expected to be making quarterly sales of $3.12 billion as analysts are expecting the sales for current fiscal year at $11.14 billion and seeing the company making $11.41 billion in sales next year. Moreover, analysts are in estimates of $2.68 billion for current-quarter revenue.
Currently, Univar Solutions Inc.’s total number of outstanding shares is 157.90M with 1.13% of that held by the insiders while 103.83% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 12.50% and return on equity (ROE) at 17.50%. It has a price to earnings ratio (P/E ratio) of 13.19 while having a 10.78 of forward P/E ratio. Stock’s beta reads 1.70. Stock has a price to book (P/B) ratio of 2.17 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is 6.20% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Mid Cap ETF came shrinking its share ownership by 0.36% in the Univar Solutions Inc. (UNVR) increasing its stake to 3.22% with control over 18188.0 shares in the company. As per SEC documents, iShares Core S&P Mid Cap ETF sought 5,091,664 of company’s common stock of worth $180.75 million as per recent closing price of the stock. iShares Core S&P Mid Cap ETF is not the only institutional holder which restructured its stake in Univar Solutions Inc., as Vanguard Total Stock Market ETF picked 4,918,118 shares of worth $174.59 million to bring its holdings to a total of 22794.0 shares. In the most recent quarter, EdgePoint Global Portfolio came cutting its stake by -35.15% in the company and now holds 4.86 million or 3.07% of the company’s stake having worth of about 172.49 million.
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