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UWM Holdings Corp (UWMC) Stock: Do Analysts Think You Should Buy?

Monday, March 18, 2024 12:38 PM | InvestorsObserver Analysts

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UWM Holdings Corp (UWMC) Stock: Do Analysts Think You Should Buy?

Wall Street is positive on UWM Holdings Corp (UWMC). On average, analysts give UWMC a Hold rating. The average price target is $5.9, which means analysts expect the stock to lose by -12.46% over the next twelve months. That average ranking earns UWMC an Analyst Rating of 3, which is better than 3% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.7
Wall Street analysts are rating UWMC a Hold today. Find out what this means to you and get the rest of the rankings on UWMC!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With UWM Holdings Corp Stock Today?

UWM Holdings Corp (UWMC) stock is unmoved -0.07% while the S&P 500 has risen 0.87% as of 12:37 PM on Monday, Mar 18. UWMC is unchanged $0.00 from the previous closing price of $6.74 on volume of 354,484 shares. Over the past year the S&P 500 has gained 30.62% while UWMC has risen 51.80%. UWMC lost -$0.14 per share the over the last 12 months. Click Here to get the full Stock Report for UWM Holdings Corp stock.

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