What is Wedbush’s Forecast for UMC FY2025 Earnings?

United Microelectronics Co. (NYSE:UMC) – Equities researchers at Wedbush decreased their FY2025 earnings per share (EPS) estimates for United Microelectronics in a note issued to investors on Tuesday, January 21st. Wedbush analyst M. Bryson now forecasts that the semiconductor company will earn $0.45 per share for the year, down from their prior estimate of $0.69. The consensus estimate for United Microelectronics’ current full-year earnings is $0.63 per share. Wedbush also issued estimates for United Microelectronics’ FY2026 earnings at $0.69 EPS.

Other equities analysts have also recently issued reports about the company. Morgan Stanley cut United Microelectronics from an “overweight” rating to an “equal weight” rating in a report on Monday, October 28th. JPMorgan Chase & Co. cut shares of United Microelectronics from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 30th. The Goldman Sachs Group lowered shares of United Microelectronics from a “buy” rating to a “neutral” rating and set a $7.40 target price on the stock. in a report on Thursday, October 17th. Citigroup downgraded shares of United Microelectronics from a “buy” rating to a “sell” rating in a research note on Tuesday. Finally, StockNews.com cut shares of United Microelectronics from a “buy” rating to a “hold” rating in a report on Sunday, November 17th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat, United Microelectronics has an average rating of “Hold” and a consensus target price of $7.40.

United Microelectronics Trading Down 5.1 %

UMC opened at $5.73 on Thursday. The company has a quick ratio of 1.76, a current ratio of 2.19 and a debt-to-equity ratio of 0.16. The firm has a market cap of $14.35 billion, a P/E ratio of 9.87, a P/E/G ratio of 3.31 and a beta of 1.17. United Microelectronics has a 52 week low of $5.70 and a 52 week high of $9.00. The business has a fifty day simple moving average of $6.59 and a 200-day simple moving average of $7.59.

United Microelectronics (NYSE:UMC) last announced its quarterly earnings results on Tuesday, January 21st. The semiconductor company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.86 billion. United Microelectronics had a net margin of 20.35% and a return on equity of 12.78%. United Microelectronics’s revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.30 earnings per share.

Institutional Trading of United Microelectronics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UMC. Ignite Planners LLC grew its position in shares of United Microelectronics by 1.5% in the 3rd quarter. Ignite Planners LLC now owns 90,303 shares of the semiconductor company’s stock valued at $760,000 after buying an additional 1,360 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of United Microelectronics by 1.7% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 103,907 shares of the semiconductor company’s stock valued at $875,000 after purchasing an additional 1,701 shares during the period. Aprio Wealth Management LLC grew its stake in United Microelectronics by 20.3% during the 3rd quarter. Aprio Wealth Management LLC now owns 13,026 shares of the semiconductor company’s stock worth $110,000 after buying an additional 2,198 shares during the last quarter. PDS Planning Inc increased its position in United Microelectronics by 4.5% during the third quarter. PDS Planning Inc now owns 54,827 shares of the semiconductor company’s stock worth $462,000 after buying an additional 2,374 shares during the period. Finally, DGS Capital Management LLC lifted its stake in United Microelectronics by 2.7% in the third quarter. DGS Capital Management LLC now owns 104,271 shares of the semiconductor company’s stock valued at $878,000 after buying an additional 2,712 shares during the last quarter. Institutional investors and hedge funds own 5.05% of the company’s stock.

About United Microelectronics

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.