Universal Electronics (UEIC) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $10.45 to $10.83
• 50-Day Range: $7.76 to $12.24
• 52-Week Range: $7.53 to $14.20
• Volume: 45,172 shs
• Average Volume: 62,804 shs
• Market Capitalization: $137.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.50
• Consensus Rating: Buy

Universal Electronics Stock Analysis - MarketRank™

Universal Electronics scored higher than 93% of companies evaluated by MarketBeat, and ranked 76th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

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 -5.16, 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 -5.16, 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 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.88% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Universal Electronics has recently decreased by 13.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Universal Electronics does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -1.71

Percentage of Shares Shorted

0.88% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Universal Electronics has recently decreased by 13.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.21

News Sentiment

Universal Electronics has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Universal Electronics this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for UEIC on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Universal Electronics to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $181,360.00 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.

UEIC Stock Analysis - Frequently Asked Questions

How have UEIC shares performed this year?

Universal Electronics' stock was trading at $9.39 at the start of the year. Since then, UEIC shares have increased by 12.6% and is now trading at $10.57.
View the best growth stocks for 2024 here.

How were Universal Electronics' earnings last quarter?

Universal Electronics Inc. (NASDAQ:UEIC) posted its quarterly earnings data on Wednesday, February, 17th. The technology company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates 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%.

Who are Universal Electronics' major shareholders?

Universal Electronics' top institutional shareholders 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, Paul D Arling, Bryan M Hackworth, Edward K Zinser, David Cheung Hyen Chong and Romulo Pontual.
View institutional ownership trends.

How do I buy shares of Universal Electronics?

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.

What other stocks do shareholders of Universal Electronics own?

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: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Household audio & video equipment
• Sub-Industry: Consumer Electronics
• Current Symbol: NASDAQ:UEIC
• CUSIP: 91348310
• CIK: 101984
• Web: www.uei.com
• Phone: (480) 530-3000
• Fax: 714-918-4100
• 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: +37.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-98,240,000.00
• Net Margins: -6.96%
• Pretax Margin: -4.71%
• Return on Equity: -8.61%
• Return on Assets: -4.39%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.61
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $382.02 million
• Price / Sales: 0.36
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $13.81 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 13,028,000
• Free Float: 11,807,000
• Market Cap: $137.71 million
• Optionable: Optionable
• Beta: 1.20