Unity Bancorp Inc's fundamentals are relatively healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 17 out of 397 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 65.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Unity Bancorp Inc is 9.07, ranking 27 out of 397 in the Banking Services industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 33.78M, representing a year-over-year increase of 24.41%, while its net profit experienced a year-over-year increase of 34.48%.
Key Metrics
The current valuation score of Unity Bancorp Inc is 8.98, ranking 14 out of 397 in the Banking Services industry. Its current P/E ratio is 9.73, which is 26.48% below the recent high of 12.31 and 43.64% above the recent low of 5.48.
The current earnings forecast score of Unity Bancorp Inc is 8.67, ranking 25 out of 397 in the Banking Services industry. The average price target is 60.00, with a high of 61.00 and a low of 56.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Unity Bancorp Inc is 9.43, ranking 83 out of 397 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 58.56 and the support level at 52.57, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Unity Bancorp Inc is 5.00, ranking 154 out of 397 in the Banking Services industry. The latest institutional shareholding proportion is 55.47%, representing a quarter-over-quarter increase of 7.99%. The largest institutional shareholder is The Vanguard, holding a total of 427.55K shares, representing 4.28% of shares outstanding, with 6.22% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Unity Bancorp Inc is 6.75, ranking 211 out of 397 in the Banking Services industry. The company's beta value is 0.66. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Unity Bancorp Inc’s latest ESG disclosure is at an average level in the Banking Services industry, showing no material impact on overall risk.
