Shares of Ubiquiti Networks, Inc. (NASDAQ:UBNT) are on our watchlist today as the stock has moved -0.23% from the open, touching $73.75 on a recent trade. While the stock has a nice low price tag to it, does it have any value?
Most investors are likely looking for that next stock that is ready to take off running. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast. Although the popular stocks that receive a high level of media coverage tend to recover quicker after a sell-off, there may be plenty of under the radar stocks that are ripe for buying. Scoping out these potential market gems may help repair a portfolio that has taken a hit for any number of reasons.
The average investor might not have the time to monitor every single tick of a given stock, but taking a look at historical performance may help provide some valuable insight on where the stock may be trending in the future. Over the past week, Ubiquiti Networks, Inc. (NASDAQ:UBNT) has performed -0.53%. For the past month, shares are 16.75%. Over the last quarter, shares have performed 31.46%. Looking back further, Ubiquiti Networks, Inc. stock has been 43.71% over the last six months, and 3.84% since the start of the calendar year. For the past full year, shares are 26.26%.
There is rarely any substitute for diligent research, especially when it pertains to the equity markets. No matter what strategy an investor employs, keeping abreast of current market happenings is of the utmost importance. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Recently, shares of Ubiquiti Networks, Inc. (NASDAQ:UBNT) have been seen trading 28.33% away from the 200-day moving average and 10.03% off the 50-day moving average. The stock is currently trading -1.67% away from the 52-week high and separated 61.34% from the 52-week low. Ubiquiti Networks, Inc.’s RSI is presently sitting at 67.96.
ROA and Recommendations
Ubiquiti Networks, Inc. (NASDAQ:UBNT)’s Return on Assets (ROA) is at 27.80%. This is an indicator of how profitable they have been relative to their total assets. ROA indicates how efficient their management is. It’s found by dividing annual earnings by total assets. Ubiquiti Networks, Inc.’s Return on Equity (ROE) of 45.70% reveals how much profit they generate with money from shareholders. This is found by dividing their net income by their shareholder’s equity.
Ubiquiti Networks, Inc.’s Return on Investment 30.60%, used to find the stock’s efficiency, is calculated by dividing the return of an investment divided by its cost, is 30.60%. As for whether to Buy, Sell or Hold at this point, sell-side firms covering company shares have a mean recommendation of 3.20 on the stock. This is on a consensus basis according to Thomson Reuters data. The scale is 1 to 5 where a Strong Buy rating is a 1 sliding down to a Strong Sell rating for a 5.