UBS Group (NYSE:UBS) Releases Quarterly Earnings Results

UBS Group (NYSE:UBS) released its earnings results on Tuesday. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.08), Zacks reports. UBS Group had a return on equity of 4.69% and a net margin of 5.13%.

UBS Group Stock Performance

Shares of UBS opened at $34.93 on Tuesday. The company has a market capitalization of $111.98 billion, a price-to-earnings ratio of 29.10 and a beta of 1.16. UBS Group has a 52-week low of $26.00 and a 52-week high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The stock has a 50 day moving average price of $32.37 and a 200 day moving average price of $31.32.

Analysts Set New Price Targets

UBS has been the subject of a number of analyst reports. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Finally, Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, UBS Group presently has an average rating of “Moderate Buy”.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.