Equities analysts expect UBS Group AG (NYSE:UBS – Get Rating) to report sales of $8.97 billion for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for UBS Group’s earnings, with the highest sales estimate coming in at $9.10 billion and the lowest estimate coming in at $8.84 billion. UBS Group reported sales of $7.37 billion in the same quarter last year, which would suggest a positive year over year growth rate of 21.7%. The company is expected to report its next earnings report before the market opens on Monday, January 1st.
On average, analysts expect that UBS Group will report full-year sales of $35.29 billion for the current year, with estimates ranging from $34.39 billion to $36.18 billion. For the next fiscal year, analysts expect that the firm will report sales of $35.10 billion, with estimates ranging from $34.13 billion to $36.07 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow UBS Group.
UBS Group (NYSE:UBS – Get Rating) last issued its quarterly earnings data on Tuesday, February 1st. The bank reported $0.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.14. The business had revenue of $8.70 billion during the quarter, compared to analysts’ expectations of $7.93 billion. UBS Group had a return on equity of 12.48% and a net margin of 19.20%. The company’s revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 earnings per share.
Several institutional investors and hedge funds have recently added to or reduced their stakes in UBS. West Bancorporation Inc. acquired a new position in UBS Group in the fourth quarter valued at approximately $26,000. Advanced Research Investment Solutions LLC bought a new position in UBS Group in the third quarter valued at $29,000. CWM LLC bought a new position in UBS Group in the fourth quarter valued at $31,000. Assetmark Inc. grew its position in UBS Group by 73.4% in the third quarter. Assetmark Inc. now owns 2,648 shares of the bank’s stock valued at $42,000 after purchasing an additional 1,121 shares in the last quarter. Finally, Huntington National Bank grew its position in shares of UBS Group by 16.6% in the 3rd quarter. Huntington National Bank now owns 4,094 shares of the bank’s stock valued at $65,000 after acquiring an additional 583 shares during the period. 33.10% of the stock is currently owned by institutional investors and hedge funds.
NYSE:UBS traded up $0.04 during midday trading on Wednesday, reaching $17.86. The company had a trading volume of 3,411,440 shares, compared to its average volume of 5,528,118. The firm has a market capitalization of $62.15 billion, a price-to-earnings ratio of 8.71, a PEG ratio of 0.52 and a beta of 1.17. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.49. The stock’s fifty day simple moving average is $18.79 and its 200-day simple moving average is $18.24. UBS Group has a 12-month low of $14.42 and a 12-month high of $21.49.
The firm also recently declared an annual dividend, which will be paid on Thursday, April 14th. Investors of record on Wednesday, April 13th will be given a $0.50 dividend. This represents a yield of 1.2%. The ex-dividend date is Tuesday, April 12th. This is a positive change from UBS Group’s previous annual dividend of $0.37. UBS Group’s dividend payout ratio is 5.85%.
UBS Group Company Profile (Get Rating)
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions to ultra high net worth and high net worth clients.
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