Q2 Earnings Estimate for Ubiquiti Issued By Zacks Research

Ubiquiti Inc. (NYSE:UI - Free Report) - Stock analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for Ubiquiti in a research report issued on Monday, November 4th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $1.75 for the quarter, down from their previous estimate of $1.76. The consensus estimate for Ubiquiti's current full-year earnings is $7.09 per share. Zacks Research also issued estimates for Ubiquiti's FY2027 earnings at $8.24 EPS.

Several other brokerages have also recently issued reports on UI. StockNews.com cut Ubiquiti from a "buy" rating to a "hold" rating in a research note on Tuesday, September 3rd. Barclays cut their price target on Ubiquiti from $108.00 to $104.00 and set an "underweight" rating on the stock in a research note on Tuesday, August 27th. Finally, BWS Financial boosted their price target on Ubiquiti from $160.00 to $240.00 and gave the stock a "buy" rating in a research note on Monday, August 26th.

Ubiquiti Trading Down 3.3 %

Ubiquiti stock traded down $8.56 during mid-day trading on Wednesday, hitting $252.10. The company's stock had a trading volume of 107,388 shares, compared to its average volume of 75,936. The company has a debt-to-equity ratio of 7.05, a quick ratio of 1.59 and a current ratio of 3.22. The company has a 50 day moving average of $227.34 and a 200-day moving average of $177.77. Ubiquiti has a one year low of $103.27 and a one year high of $279.00. The stock has a market cap of $15.24 billion, a PE ratio of 43.54 and a beta of 1.13.

Ubiquiti (NYSE:UI - Get Free Report) last announced its earnings results on Friday, August 23rd. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.91 by ($0.17). Ubiquiti had a net margin of 18.15% and a return on equity of 3,321.33%. The business had revenue of $507.50 million for the quarter, compared to analysts' expectations of $538.23 million. The business's revenue was up 3.3% compared to the same quarter last year.

Ubiquiti Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $2.40 annualized dividend and a yield of 0.95%. Ubiquiti's payout ratio is presently 41.45%.

Institutional Trading of Ubiquiti

A number of hedge funds and other institutional investors have recently made changes to their positions in UI. Huntington National Bank raised its position in Ubiquiti by 267.6% during the third quarter. Huntington National Bank now owns 125 shares of the company's stock valued at $28,000 after acquiring an additional 91 shares in the last quarter. nVerses Capital LLC purchased a new position in shares of Ubiquiti during the 2nd quarter valued at approximately $44,000. Raleigh Capital Management Inc. acquired a new position in shares of Ubiquiti in the 3rd quarter valued at $47,000. Covestor Ltd boosted its holdings in Ubiquiti by 29.0% during the first quarter. Covestor Ltd now owns 516 shares of the company's stock worth $60,000 after buying an additional 116 shares in the last quarter. Finally, Hanseatic Management Services Inc. purchased a new stake in Ubiquiti during the third quarter worth $76,000. Institutional investors and hedge funds own 4.00% of the company's stock.

About Ubiquiti

Ubiquiti Inc develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products.