What is Zacks Research's Forecast for Ubiquiti Q1 Earnings?

Ubiquiti Inc. (NYSE:UI - Free Report) - Analysts at Zacks Research lifted their Q1 2027 EPS estimates for shares of Ubiquiti in a report released on Wednesday, March 12th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $2.45 for the quarter, up from their prior estimate of $2.42. The consensus estimate for Ubiquiti's current full-year earnings is $7.21 per share.

A number of other equities research analysts have also weighed in on the stock. Barclays reduced their price objective on shares of Ubiquiti from $236.00 to $222.00 and set an "underweight" rating on the stock in a report on Monday, February 10th. BWS Financial reiterated a "buy" rating and set a $440.00 price target on shares of Ubiquiti in a research note on Monday, February 10th.

Ubiquiti Stock Down 1.2 %

Shares of UI traded down $3.79 during midday trading on Friday, reaching $315.51. The stock had a trading volume of 71,658 shares, compared to its average volume of 77,447. Ubiquiti has a 1-year low of $104.24 and a 1-year high of $469.98. The company's fifty day simple moving average is $362.23 and its two-hundred day simple moving average is $309.58. The company has a market cap of $19.09 billion, a price-to-earnings ratio of 42.87 and a beta of 1.12. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.22 and a quick ratio of 0.98.

Ubiquiti (NYSE:UI - Get Free Report) last announced its quarterly earnings data on Friday, February 14th. The company reported $2.26 earnings per share for the quarter, beating analysts' consensus estimates of $2.14 by $0.12. Ubiquiti had a net margin of 20.68% and a return on equity of 296.82%. During the same period last year, the business posted $1.36 EPS.

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Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Versor Investments LP grew its position in Ubiquiti by 254.5% during the 4th quarter. Versor Investments LP now owns 3,900 shares of the company's stock worth $1,295,000 after purchasing an additional 2,800 shares during the last quarter. Barclays PLC boosted its holdings in shares of Ubiquiti by 4,880.2% in the third quarter. Barclays PLC now owns 13,347 shares of the company's stock valued at $2,959,000 after acquiring an additional 13,079 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Ubiquiti in the third quarter valued at about $323,000. Convergence Investment Partners LLC purchased a new stake in shares of Ubiquiti in the fourth quarter valued at about $2,180,000. Finally, Algert Global LLC purchased a new stake in shares of Ubiquiti in the third quarter valued at about $838,000. 4.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ubiquiti news, CAO Kevin Radigan sold 1,000 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $347.99, for a total transaction of $347,990.00. Following the transaction, the chief accounting officer now directly owns 2,484 shares of the company's stock, valued at approximately $864,407.16. This trade represents a 28.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 93.10% of the stock is owned by company insiders.

Ubiquiti Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 24th. Investors of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, February 18th. This represents a $2.40 annualized dividend and a yield of 0.76%. Ubiquiti's dividend payout ratio is currently 32.61%.

Ubiquiti Company Profile

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.