United Fire Stock Target Price and Analyst Consensus

UFCS Stock  USD 30.47  0.58  1.94%   
The current analyst and expert consensus on United Fire is Hold, with no strong buy opinions. The current projected United Fire target price consensus is 18.00 with 1 analyst opinions. Check out Macroaxis Advice on United Fire to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way United Fire Group analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview United Fire executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on United Fire. We encourage you to use your own analysis of United Fire Group to validate this buy or sell advice. United Fire buy-or-sell recommendation module provides average expert sentiment on the projected United Fire Group target price to derive its highest and lowest estimates based on projected price volatility of 3.693.
Lowest Forecast
16.38
Highest Forecast
19.98
Target Price
18
Gross Profit is likely to drop to about 634.4 M in 2024. Pretax Profit Margin is likely to gain to -0.03 in 2024. At this time, United Fire's Good Will is comparatively stable compared to the past year. Other Liabilities is likely to gain to about 1.2 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 40.3 M in 2024.
  
It's important to approach United Fire's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize United Fire price targets

United Fire's stock target price is an estimate of its future price, usually made by analysts. Using United Fire's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at United Fire's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if United Fire's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional United Fire Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of United Fire is a key component of United Fire valuation and have some predictive power on the future returns of a United Fire.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Fire's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
27.3531.0434.73
Details
Intrinsic
Valuation
LowRealHigh
21.7225.4133.52
Details
Naive
Forecast
LowNextHigh
27.6631.3535.04
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.460.460.46
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Video Games Idea
Video Games
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Momentum Idea
Momentum
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares

Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.