Ubiquiti (NYSE:UI) Reaches New 12-Month High - Here's Why

Key Points

• Ubiquiti's stock hit a new 52-week high, trading as high as $951.04 (last trade $948.62) on Tuesday with about 86,483 shares changing hands.
• The company delivered a strong quarter — EPS $3.88 vs. $3.08 expected and revenue $814.87M (up 35.8% YoY), with a 29.9% net margin and 113.2% ROE; analyst views are mixed but the consensus is a “Moderate Buy” with an average price target of $702.33 while some firms raised targets up to $980.
• Ubiquiti paid a $0.80 quarterly dividend ($3.20 annualized, yield 0.3%; DPR 21.8%) and has relatively low institutional ownership at about 4.0%, suggesting a retail-heavy shareholder base.

Ubiquiti Inc. (NYSE:UI - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $951.04 and last traded at $948.6180, with a volume of 86483 shares. The stock had previously closed at $925.70.

Analysts Set New Price Targets

A number of research firms recently commented on UI. BWS Financial raised their price target on shares of Ubiquiti from $720.00 to $980.00 and gave the stock a "buy" rating in a research report on Monday. Barclays raised their price target on shares of Ubiquiti from $455.00 to $527.00 and gave the stock an "underweight" rating in a research report on Friday, February 6th. Weiss Ratings raised shares of Ubiquiti from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. Finally, Wall Street Zen lowered shares of Ubiquiti from a "buy" rating to a "hold" rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Ubiquiti has an average rating of "Moderate Buy" and a consensus price target of $702.33.

Ubiquiti Stock Performance

The stock has a market capitalization of $57.41 billion, a P/E ratio of 64.62 and a beta of 1.32. The firm's fifty day simple moving average is $764.97 and its 200 day simple moving average is $666.83.

Ubiquiti (NYSE:UI - Get Free Report) last released its earnings results on Friday, February 6th. The company reported $3.88 EPS for the quarter, beating the consensus estimate of $3.08 by $0.80. Ubiquiti had a net margin of 29.90% and a return on equity of 113.21%. The firm had revenue of $814.87 million for the quarter, compared to analyst estimates of $716.95 million. During the same period last year, the firm earned $2.28 EPS. The business's quarterly revenue was up 35.8% compared to the same quarter last year. Analysts anticipate that Ubiquiti Inc. will post 7.21 earnings per share for the current fiscal year.

Ubiquiti Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 23rd. Shareholders of record on Tuesday, February 17th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, February 17th. Ubiquiti's dividend payout ratio (DPR) is currently 21.80%.

Institutional Investors Weigh In On Ubiquiti

Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. boosted its stake in shares of Ubiquiti by 87.5% in the 4th quarter. Blue Trust Inc. now owns 45 shares of the company's stock valued at $25,000 after purchasing an additional 21 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new stake in shares of Ubiquiti in the 3rd quarter valued at approximately $33,000. Quarry LP acquired a new stake in shares of Ubiquiti in the 3rd quarter valued at approximately $34,000. CIBC Private Wealth Group LLC boosted its stake in shares of Ubiquiti by 238.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 71 shares of the company's stock valued at $39,000 after purchasing an additional 50 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in shares of Ubiquiti by 31.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 76 shares of the company's stock valued at $50,000 after purchasing an additional 18 shares in the last quarter. 4.00% of the stock is currently owned by institutional investors and hedge funds.

About Ubiquiti

Ubiquiti Inc NYSE: UI is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti's offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.

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