Unity Bancorp Stock Buy Hold or Sell Recommendation
| UNTY Stock | USD 45.40 0.25 0.55% |
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding Unity Bancorp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Unity Bancorp given historical horizon and risk tolerance towards Unity Bancorp. When Macroaxis issues a 'buy' or 'sell' recommendation for Unity Bancorp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Unity Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide. In addition, we conduct extensive research on individual companies such as Unity and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Unity Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Unity |
Execute Unity Bancorp Buy or Sell Advice
The Unity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Unity Bancorp. Macroaxis does not own or have any residual interests in Unity Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Unity Bancorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Unity Bancorp Trading Alerts and Improvement Suggestions
| Unity Bancorp is unlikely to experience financial distress in the next 2 years | |
| Unity Bancorp has a strong financial position based on the latest SEC filings | |
| About 29.0% of the company outstanding shares are owned by insiders | |
| Latest headline from gurufocus.com: Unity Bank Expands Sustainability Commitment with New EV Charging Stations |
Unity Bancorp Returns Distribution Density
The distribution of Unity Bancorp's historical returns is an attempt to chart the uncertainty of Unity Bancorp's future price movements. The chart of the probability distribution of Unity Bancorp daily returns describes the distribution of returns around its average expected value. We use Unity Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Unity Bancorp returns is essential to provide solid investment advice for Unity Bancorp.
| Mean Return | 0.50 | Value At Risk | -2.74 | Potential Upside | 3.99 | Standard Deviation | 2.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Unity Bancorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Unity Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Unity Bancorp, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Unity Bancorp back and forth among themselves.
| Shares | State Street Corp | 2024-06-30 | 94.1 K | Bridgeway Capital Management, Llc | 2024-09-30 | 77.2 K | American Century Companies Inc | 2024-09-30 | 63.9 K | Northern Trust Corp | 2024-09-30 | 62.4 K | Kennedy Capital Management Inc | 2024-09-30 | 59 K | John W. Rosenthal Capital Management, Inc. | 2024-06-30 | 52 K | Jpmorgan Chase & Co | 2024-06-30 | 49.2 K | Goldman Sachs Group Inc | 2024-06-30 | 37.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 35.1 K | Banc Funds Co Llc | 2024-09-30 | 840 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 489 K |
Unity Bancorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 12.5M | 61.3M | 25.5M | (130.0M) | 80.0M | 84.0M | |
| Free Cash Flow | 32.5M | 33.2M | 22.2M | 41.2M | 46.0M | 48.3M | |
| Depreciation | 1.6M | 1.9M | 1.6M | 2.8M | 2.4M | 1.4M | |
| Other Non Cash Items | 5.5M | 13.6M | (16.2M) | (230K) | (1.3M) | (1.2M) | |
| Dividends Paid | 3.3M | 3.3M | 3.6M | 4.4M | 4.7M | 5.0M | |
| Capital Expenditures | 709K | 559K | 1.3M | 1.5M | 955K | 907.3K | |
| Net Income | 23.7M | 23.6M | 36.1M | 38.5M | 39.7M | 41.7M | |
| End Period Cash Flow | 158.0M | 219.3M | 244.8M | 114.8M | 194.8M | 204.5M | |
| Investments | (133.5M) | (186.8M) | (104.0M) | (582.2M) | (236.3M) | (224.5M) | |
| Change To Netincome | 124.0M | 11.9M | 290.6M | 4.0M | 4.6M | 4.4M | |
| Net Borrowings | 73M | (83M) | (160M) | 343M | 394.5M | 414.2M |
Unity Bancorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Unity Bancorp or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Unity Bancorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Unity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 2.26 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | 0.14 |
Unity Bancorp Volatility Alert
Unity Bancorp has relatively low volatility with skewness of 2.52 and kurtosis of 10.69. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Unity Bancorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Unity Bancorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Unity Bancorp Fundamentals Vs Peers
Comparing Unity Bancorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Unity Bancorp's direct or indirect competition across all of the common fundamentals between Unity Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Unity Bancorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Unity Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Unity Bancorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Unity Bancorp to competition |
| Fundamentals | Unity Bancorp | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0153 | -0.14 |
| Profit Margin | 0.39 % | (1.27) % |
| Operating Margin | 0.56 % | (5.51) % |
| Current Valuation | 535.64 M | 16.62 B |
| Shares Outstanding | 9.99 M | 571.82 M |
| Shares Owned By Insiders | 29.18 % | 10.09 % |
| Shares Owned By Institutions | 50.31 % | 39.21 % |
| Number Of Shares Shorted | 33.17 K | 4.71 M |
| Price To Earning | 11.25 X | 28.72 X |
| Price To Book | 1.59 X | 9.51 X |
| Price To Sales | 4.52 X | 11.42 X |
| Revenue | 99.97 M | 9.43 B |
| Gross Profit | 93.99 M | 27.38 B |
| EBITDA | 55.38 M | 3.9 B |
| Net Income | 39.71 M | 570.98 M |
| Cash And Equivalents | 163.38 M | 2.7 B |
| Cash Per Share | 15.51 X | 5.01 X |
| Total Debt | 366.75 M | 5.32 B |
| Debt To Equity | 12.83 % | 48.70 % |
| Book Value Per Share | 28.48 X | 1.93 K |
| Cash Flow From Operations | 46.91 M | 971.22 M |
| Short Ratio | 0.94 X | 4.00 X |
| Earnings Per Share | 3.90 X | 3.12 X |
| Target Price | 42.33 | |
| Number Of Employees | 222 | 18.84 K |
| Beta | 1.0 | -0.15 |
| Market Capitalization | 455.86 M | 19.03 B |
| Total Asset | 2.58 B | 29.47 B |
| Retained Earnings | 191.11 M | 9.33 B |
| Annual Yield | 0.01 % | |
| Five Year Return | 1.49 % | |
| Net Asset | 2.58 B |
Note: Disposition of 330 shares by James Hughes of Unity Bancorp at 45.83 subject to Rule 16b-3 [view details]
Unity Bancorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Unity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Unity Bancorp Buy or Sell Advice
When is the right time to buy or sell Unity Bancorp? Buying financial instruments such as Unity Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Unity Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Additional Tools for Unity Stock Analysis
When running Unity Bancorp's price analysis, check to measure Unity Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.