UBS Group AG (NYSE:UBS) is trading up 38.06% versus 12-month low of 11.93 and stands -5.57% lower from its 1-year peak of $17.44. The consensus price target (PT) of $14.19 means that the market expects Company shares to increase by -13.8% in the short run. The sell-side target prices range from $13.22 to $15.15. In the last month the stock has moved in price -4.80%, with a one year change of -0.83%. The last trading session volume compares with the 2.31M average and market worth floats around 63.55B.
UBS Group AG (NYSE:UBS) gained 0.06% to reach at the trading price of $16.47 as it is set to release its next quarterly earnings report on January 31, 2017. UBS Group AG stock trades in the range of $16.36 to $16.58 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.17 a share with $6.7B in revenue.
UBS Group AG (UBS) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast UBS Group AG to earn $0 per share (EPS) on revenue of $8.23B. The EPS consensus range is $0-$0 on revenue between $8.23B and $8.23B.
While if we look at the Earnings Track Record, UBS Group AG (UBS) managed to surpass quarterly earnings per share estimates in 0 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 0%. Last time the company reported, UBS Group AG (UBS) generated $0.31 in earnings per share, beating the consensus estimate of $0.30. Revenues hit $7.08B in the September 2017 quarter, which was above the consensus $6.88B projection. On the other hand, in the March 2017 quarter the company recorded a net $7.16B revenue with earnings per share of $0.28. Wall Street had anticipated $7.41B and $0.29, respectively. For comparison, there was a revenue of $6.65B and EPS of $0.35 in the December 2016 period.
UBS Group AG (NYSE:UBS) Analyst Insights
The buoyancy in the outlook of UBS Group AG (UBS) is getting weaker by the somewhat negative sentiment (4.00 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Underweight. Morgan Stanley has been covering shares of UBS, so it is most recent view is worth a look. In a research note issued on Dec 12, 2016, analysts at JP Morgan lifted the stock to Neutral from Underweight. Another noteworthy analyst activity was recorded on Dec 06, 2016. Morgan Stanley Analysts lifted the stock to Overweight from Equal-Weight.