Unity Biotechnology (UBX) Stock Price, News & Analysis

Company Overview

Unity Biotechnology, Inc., a biotechnology company, engages in the research and development of therapeutics to slow, halt, or reverse diseases of aging. The company's lead drug candidate includes UBX1325, which is Phase 2 clinical trial for the treatment of age-related diseases of the eye, including diabetic macular edema, age-related macular degeneration, and diabetic retinopathy. It also develops UBX1967 for the treatment of ophthalmologic diseases; UBX2048, a Tie2/VEGF bispecific; UBX2050, a human anti-Tie2 agonist monoclonal antibody for the treatment of eye diseases; and UBX2089, a a-Klotho hormone drug candidate for multiple neurology indications. The company was formerly known as Forge, Inc. and changed its name to Unity Biotechnology, Inc. in January 2015. Unity Biotechnology, Inc. was incorporated in 2009 and is headquartered in South San Francisco, California.

Key Stats

• Today's Range: $1.15 to $1.24
• 50-Day Range: $1.15 to $1.50
• 52-Week Range: $1.11 to $2.26
• Volume: 57,807 shs
• Average Volume: 71,857 shs
• Market Capitalization: $20.05 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.00
• Consensus Rating: Buy

Unity Biotechnology Stock Analysis - MarketRank™

Unity Biotechnology scored higher than 84% of companies evaluated by MarketBeat, and ranked 188th out of 967 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Unity Biotechnology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Unity Biotechnology has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Unity Biotechnology are expected to decrease in the coming year, from ($1.49) to ($1.71) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Unity Biotechnology is -0.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Unity Biotechnology is -0.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Unity Biotechnology has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.97% of the float of Unity Biotechnology has been sold short.

Short Interest Ratio / Days to Cover

Unity Biotechnology has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Unity Biotechnology has recently decreased by 0.88%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Unity Biotechnology does not currently pay a dividend.

Dividend Growth

Unity Biotechnology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.7 / 5
• Environmental Score: -0.60

Percentage of Shares Shorted

1.97% of the float of Unity Biotechnology has been sold short.

Short Interest Ratio / Days to Cover

Unity Biotechnology has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Unity Biotechnology has recently decreased by 0.88%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Unity Biotechnology has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Medical companies.

Search Interest

Only 2 people have searched for UBX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

2 people have added Unity Biotechnology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Unity Biotechnology insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.80% of the stock of Unity Biotechnology is held by insiders.

Percentage Held by Institutions

Only 29.49% of the stock of Unity Biotechnology is held by institutions.

UBX Stock Analysis - Frequently Asked Questions

How have UBX shares performed this year?

Unity Biotechnology's stock was trading at $1.93 on January 1st, 2024. Since then, UBX shares have decreased by 38.3% and is now trading at $1.19.
View the best growth stocks for 2024 here.

How were Unity Biotechnology's earnings last quarter?

Unity Biotechnology, Inc. (NASDAQ:UBX) announced its quarterly earnings results on Monday, November, 4th. The company reported ($0.38) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.02.

When did Unity Biotechnology's stock split?

Unity Biotechnology shares reverse split before market open on Thursday, October 20th 2022. The 1-10 reverse split was announced on Thursday, October 20th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, October 20th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Unity Biotechnology IPO?

Unity Biotechnology (UBX) raised $85 million in an initial public offering (IPO) on Thursday, May 3rd 2018. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, Morgan Stanley and Citigroup acted as the underwriters for the IPO and Mizuho Securities was co-manager.

Who are Unity Biotechnology's major shareholders?

Top institutional shareholders of Unity Biotechnology include Geode Capital Management LLC (0.97%) and Ballentine Partners LLC (0.34%). Insiders that own company stock include Anirvan Ghosh, Jamie Dananberg, Lynne Marie Sullivan and Alexander Hieu Nguyen.
View institutional ownership trends.

How do I buy shares of Unity Biotechnology?

Shares of UBX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Unity Biotechnology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Unity Biotechnology investors own include Plug Power (PLUG), NVIDIA (NVDA), NIO (NIO), Editas Medicine (EDIT), CRISPR Therapeutics (CRSP), Enovix (ENVX) and Nokia Oyj (NOK).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 11/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 4/21/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:UBX
• CUSIP: N/A
• CIK: 1463361
• Web: www.unitybiotechnology.com
• Phone: (650) 416-1192
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.00
• High Stock Price Target: $8.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +572.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.31)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-39,860,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -119.70%
• Return on Assets: -45.86%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.45
• Quick Ratio: 3.45

Sales & Book Value

• Annual Sales: $240,000.00
• Price / Sales: 83.55
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.69 per share
• Price / Book: 0.70

Miscellaneous

• Outstanding Shares: 16,850,000
• Free Float: 15,873,000
• Market Cap: $20.05 million
• Optionable: Optionable
• Beta: 0.83