To The Moon

Unity Software Stock Performance

Shares of U opens at $40.39 on Friday. The company's 50 day moving average price is $39.24 and its 200 day moving average price is $75.45. Unity Software Inc. has a 52 week low of $29.09 and a 52 week high of $210.00. The company has a market capitalization of $11.96 billion, a PE ratio of -19.23 and a beta of 2.37. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.53 and a current ratio of 3.53.

Unity Software last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.44) EPS for the quarter, missing analysts' consensus estimates of ($0.40) by ($0.04). Unity Software had a negative net margin of 50.40% and a negative return on equity of 20.50%. The company had revenue of $320.13 million for the quarter, compared to analysts' expectations of $321.17 million. During the same period in the previous year, the firm posted ($0.38) earnings per share. The business's revenue for the quarter was up 36.4% on a year-over-year basis. Research analysts expect that Unity Software Inc. will post -1.68 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. KeyCorp assumed coverage on shares of Unity Software in a report on Thursday, June 30th. They issued a "sector weight" rating on the stock. Wedbush dropped their target price on shares of Unity Software from $125.00 to $70.00 in a report on Wednesday, May 11th. Citigroup dropped their target price on shares of Unity Software from $71.00 to $68.00 and set a "buy" rating on the stock in a report on Thursday, July 7th. DA Davidson dropped their target price on shares of Unity Software from $85.00 to $60.00 in a report on Thursday, July 14th. Finally, Robert W. Baird downgraded shares of Unity Software from an "outperform" rating to a "neutral" rating in a research report on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Unity Software has an average rating of "Moderate Buy" and a consensus target price of $89.13.

Insider Activity at Unity Software

In other Unity Software news, CFO Luis Felipe Visoso sold 33,804 shares of the business's stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $38.17, for a total value of $1,290,298.68. Following the completion of the sale, the chief financial officer now directly owns 324,145 shares of the company's stock, valued at $12,372,614.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Unity Software news, CFO Luis Felipe Visoso sold 33,804 shares of the business's stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $38.17, for a total value of $1,290,298.68. Following the completion of the sale, the chief financial officer now directly owns 324,145 shares of the company's stock, valued at $12,372,614.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Marc Whitten sold 3,433 shares of the business's stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $65.54, for a total transaction of $224,998.82. Following the completion of the sale, the senior vice president now directly owns 270,798 shares of the company's stock, valued at $17,748,100.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,338 shares of company stock valued at $2,394,305. Corporate insiders own 6.90% of the company's stock.

$Unity Software Inc.(U)$