Unity Bancorp Inc. (UNTY)
Unity Bancorp Statistics
Share Statistics
Unity Bancorp has 10.06M shares outstanding. The number of shares has increased by 0.18% in one year.
| Shares Outstanding | 10.06M |
| Shares Change (YoY) | 0.18% |
| Shares Change (QoQ) | 0.72% |
| Owned by Institutions (%) | 50.15% |
| Shares Floating | 6.47M |
| Failed to Deliver (FTD) Shares | 234 |
| FTD / Avg. Volume | 0.6% |
Short Selling Information
The latest short interest is 39.81K, so 0.4% of the outstanding shares have been sold short.
| Short Interest | 39.81K |
| Short % of Shares Out | 0.4% |
| Short % of Float | 0.63% |
| Short Ratio (days to cover) | 0.99 |
Valuation Ratios
The PE ratio is 10.55 and the forward PE ratio is 8.84. Unity Bancorp's PEG ratio is 1.71.
| PE Ratio | 10.55 |
| Forward PE | 8.84 |
| PS Ratio | 2.81 |
| Forward PS | 3 |
| PB Ratio | 1.48 |
| P/FCF Ratio | 9.12 |
| PEG Ratio | 1.71 |
Enterprise Valuation
Unity Bancorp has an Enterprise Value (EV) of 648.06M.
| EV / Sales | 4.16 |
| EV / EBITDA | 0 |
| EV / EBIT | 13.5 |
| EV / FCF | 13.5 |
Financial Position
The company has a current ratio of 74.49, with a Debt / Equity ratio of 0.78.
| Current Ratio | 74.49 |
| Quick Ratio | 74.49 |
| Debt / Equity | 0.78 |
| Debt / EBITDA | - |
| Debt / FCF | 4.81 |
| Interest Coverage | 2.7 |
Financial Efficiency
Return on Equity is 14.02% and Return on Invested Capital is 73.65%.
| Return on Equity | 14.02% |
| Return on Assets | 1.56% |
| Return on Invested Capital | 73.65% |
| Revenue Per Employee | $707.9K |
| Profits Per Employee | $188.41K |
| Employee Count | 220 |
| Asset Turnover | 0.06 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 12.94M |
| Effective Tax Rate | 23.79% |
Stock Price Statistics
The stock price has increased by 46.65% in the last 52 weeks. The beta is 0.81, so Unity Bancorp's price volatility has been higher than the market average.
| Beta | 0.81 |
| 52-Week Price Change | 46.65% |
| 50-Day Moving Average | 45.3 |
| 200-Day Moving Average | 39.19 |
| Relative Strength Index (RSI) | 33.21 |
| Average Volume (20 Days) | 38.76K |
Income Statement
In the last 12 months, Unity Bancorp had revenue of 155.74M and earned 41.45M in profits. Earnings per share was 4.13.
| Revenue | 155.74M |
| Gross Profit | 155.74M |
| Operating Income | 154.13M |
| Net Income | 41.45M |
| EBITDA | 0 |
| EBIT | -2.58M |
| Earnings Per Share (EPS) | 4.13 |
Balance Sheet
The company has 20.21M in cash and 230.81M in debt, giving a net cash position of -210.61M.
| Cash & Cash Equivalents | 20.21M |
| Total Debt | 230.81M |
| Net Cash | -210.61M |
| Retained Earnings | 227.33M |
| Total Assets | 2.65B |
| Working Capital | 195.97M |
Cash Flow
In the last 12 months, operating cash flow was 47.99M and capital expenditures 0, giving a free cash flow of 47.99M.
| Operating Cash Flow | 47.99M |
| Capital Expenditures | 0 |
| Free Cash Flow | 47.99M |
| FCF Per Share | 4.78 |
Margins
Gross margin is 100%, with operating and profit margins of 98.97% and 26.62%.
| Gross Margin | 100% |
| Operating Margin | 98.97% |
| Pretax Margin | 34.92% |
| Profit Margin | 26.62% |
| EBITDA Margin | n/a |
| EBIT Margin | 98.97% |
| FCF Margin | 30.81% |
Dividends & Yields
UNTY pays an annual dividend of $0.66, which amounts to a dividend yield of 1.25%.
| Dividend Per Share | $0.66 |
| Dividend Yield | 1.25% |
| Dividend Growth (YoY) | 7.69% |
| Payout Ratio | 16.26% |
| Earnings Yield | 9.48% |
| FCF Yield | 10.97% |
Analyst Forecast
The average price target for UNTY is $54.5, which is 38.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $54.5 |
| Price Target Difference | 38.3% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Sep 13, 2016. It was a forward split with a ratio of 11:10.
| Last Split Date | Sep 13, 2016 |
| Split Type | forward |
| Split Ratio | 11:10 |
Scores
| Altman Z-Score | 0.41 |
| Piotroski F-Score | 6 |