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NASDAQ:UEIC

Universal Electronics (UEIC) Stock Price, News & Analysis

Universal Electronics logo
$11.33 -0.34 (-2.91%)
(As of 11/22/2024 ET)

About Universal Electronics Stock (NASDAQ:UEIC)

Key Stats

Today's Range
$11.21
$11.86
50-Day Range
$7.76
$11.70
52-Week Range
$7.17
$14.20
Volume
46,708 shs
Average Volume
64,509 shs
Market Capitalization
$147.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.50
Consensus Rating
Buy

Company Overview

Universal Electronics Inc. designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal two-way radio frequency, as well as infrared remote controls to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers. It also provides software, firmware and technology solutions that can enable devices such as Smart TVs, hybrid set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to wirelessly connect and interoperate within home networks; cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses to OEMs and video service providers; embedded and cloud-enabled software for firmware update provisioning and digital rights management validation services to consumer electronics brands; and AV accessories, including universal remote controls, television wall mounts and stands, and digital television antennas. In addition, the company QuickSet, a software application that can be embedded in entertainment or smart home platform or can be delivered as a cloud-based service, through QuickSet Cloud, to enable universal device setup, interoperability, and control. Universal Electronics Inc. was incorporated in 1986 and is based in Scottsdale, Arizona.

Universal Electronics Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

UEIC MarketRank™: 

Universal Electronics scored higher than 81% of companies evaluated by MarketBeat, and ranked 237th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Universal Electronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Universal Electronics has only been the subject of 2 research reports in the past 90 days.

  • Read more about Universal Electronics' stock forecast and price target.
  • Earnings Growth

    Earnings for Universal Electronics are expected to grow in the coming year, from ($0.44) to $0.17 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Universal Electronics is -5.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Universal Electronics is -5.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Universal Electronics has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Universal Electronics' valuation and earnings.
  • Percentage of Shares Shorted

    1.18% of the float of Universal Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Universal Electronics has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Universal Electronics has recently increased by 6.23%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Universal Electronics does not currently pay a dividend.

  • Dividend Growth

    Universal Electronics does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.18% of the float of Universal Electronics has been sold short.
  • Short Interest Ratio / Days to Cover

    Universal Electronics has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Universal Electronics has recently increased by 6.23%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Universal Electronics this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Universal Electronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $26,700.00 in company stock.

  • Percentage Held by Insiders

    Only 9.37% of the stock of Universal Electronics is held by insiders.

  • Percentage Held by Institutions

    79.35% of the stock of Universal Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Universal Electronics' insider trading history.
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UEIC Stock News Headlines

Universal Electronics (NASDAQ:UEIC) Upgraded to Buy at B. Riley
50-year Wall Street legend: “Sell this tech stock NOW”
Something very strange is happening to U.S. stocks following President Trump's victory... And this could spell disaster for some of America's favorite tech companies.
Universal Electronics upgraded to Buy from Neutral at B. Riley
See More Headlines

UEIC Stock Analysis - Frequently Asked Questions

Universal Electronics' stock was trading at $9.39 on January 1st, 2024. Since then, UEIC shares have increased by 20.7% and is now trading at $11.33.
View the best growth stocks for 2024 here
.

Universal Electronics Inc. (NASDAQ:UEIC) issued its quarterly earnings data on Wednesday, February, 17th. The technology company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.96 by $0.18. The technology company earned $156.26 million during the quarter, compared to analysts' expectations of $150.61 million. Universal Electronics had a negative net margin of 6.96% and a negative trailing twelve-month return on equity of 8.61%.

Universal Electronics' top institutional investors include Assenagon Asset Management S.A. (1.03%), Geode Capital Management LLC (0.88%), Jacobs Levy Equity Management Inc. (0.79%) and Walleye Capital LLC (0.58%). Insiders that own company stock include Toro 18 Holdings Llc, Bryan M Hackworth, Edward K Zinser, David Cheung Hyen Chong, Paul D Arling and Romulo Pontual.
View institutional ownership trends
.

Shares of UEIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Universal Electronics investors own include Cisco Systems (CSCO), Philip Morris International (PM), Home Depot (HD), Accenture (ACN), Broadcom (AVGO), Avino Silver & Gold Mines (ASM) and Avino Silver & Gold Mines (ASM).

Company Calendar

Last Earnings
2/17/2021
Today
11/23/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/20/2025

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
Consumer Electronics
Current Symbol
NASDAQ:UEIC
CUSIP
91348310
Employees
4,177
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$15.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+28.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-98,240,000.00
Pretax Margin
-4.71%

Debt

Sales & Book Value

Annual Sales
$420.46 million
Book Value
$12.37 per share

Miscellaneous

Free Float
11,807,000
Market Cap
$147.63 million
Optionable
Optionable
Beta
1.13

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This page (NASDAQ:UEIC) was last updated on 11/23/2024 by MarketBeat.com Staff
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