NASDAQ:UBNT - Ubiquiti Networks Stock Price, News, & Analysis

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$82.03 +0.37 (+0.45 %)
(As of 08/19/2018 03:28 AM ET)
Previous Close$82.03
Today's Range$80.52 - $82.74
52-Week Range$47.78 - $89.99
Volume327,878 shs
Average Volume454,151 shs
Market Capitalization$6.03 billion
P/E Ratio26.55
Dividend YieldN/A
Beta0.55
Ubiquiti Networks logoUbiquiti Networks, Inc. develops networking technology for service providers, enterprises, and consumers worldwide. The company's service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. Its products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum. The company also provides technology platforms, such as airMAX platform, which includes proprietary protocols that contain technologies for minimizing signal noise; EdgeMAX, a disruptive software and system routing platform; airFiber, a point-to-point radio system; and UFiber platform to build fiber Internet networks. In addition, it offers UniFi Enterprise Wi-Fi System that includes Wi-Fi certified hardware with a software based management controller; UniFi Video IP cameras for data transmission and power-over-Ethernet; UniFi Switches that deliver performance, switching, and PoE+ support for enterprise networks; and UniFi Security Gateway that extends the UniFi enterprise solutions to provide routing and network security, as well as develops AmpliFi platform, a Wi-Fi system solution for connected homes. Further, the company provides embedded radio products; and mounting brackets, cables, and power over Ethernet adapters. The company was formerly known as Pera Networks, Inc. and changed its name to Ubiquiti Networks, Inc. in 2005. Ubiquiti Networks, Inc. was incorporated in 2003 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:UBNT
CUSIP90347A10
Phone646-780-7958

Debt

Debt-to-Equity Ratio1.63
Current Ratio6.69
Quick Ratio6.08

Price-To-Earnings

Trailing P/E Ratio26.55
Forward P/E Ratio33.90
P/E Growth1.29

Sales & Book Value

Annual Sales$865.27 million
Price / Sales7.02
Cash Flow$3.3251 per share
Price / Cash24.67
Book Value$7.50 per share
Price / Book10.94

Profitability

EPS (Most Recent Fiscal Year)$3.09
Net Income$257.50 million
Net Margins19.15%
Return on Equity56.13%
Return on Assets25.94%

Miscellaneous

Employees725
Outstanding Shares74,070,000
Market Cap$6.03 billion

Ubiquiti Networks (NASDAQ:UBNT) Frequently Asked Questions

What is Ubiquiti Networks' stock symbol?

Ubiquiti Networks trades on the NASDAQ under the ticker symbol "UBNT."

How will Ubiquiti Networks' stock buyback program work?

Ubiquiti Networks announced that its Board of Directors has authorized a share buyback program on Wednesday, March 14th 2018, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

How were Ubiquiti Networks' earnings last quarter?

Ubiquiti Networks Inc (NASDAQ:UBNT) posted its quarterly earnings results on Thursday, November, 9th. The Wireless communications provider reported $0.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.86 by $0.06. The Wireless communications provider earned $245.90 million during the quarter, compared to analysts' expectations of $240.39 million. Ubiquiti Networks had a net margin of 19.15% and a return on equity of 56.13%. Ubiquiti Networks's quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 EPS. View Ubiquiti Networks' Earnings History.

When is Ubiquiti Networks' next earnings date?

Ubiquiti Networks is scheduled to release their next quarterly earnings announcement on Friday, August, 24th 2018. View Earnings Estimates for Ubiquiti Networks.

What price target have analysts set for UBNT?

4 analysts have issued 1 year target prices for Ubiquiti Networks' shares. Their predictions range from $55.00 to $74.00. On average, they expect Ubiquiti Networks' stock price to reach $67.3333 in the next twelve months. This suggests that the stock has a possible downside of 17.9%. View Analyst Price Targets for Ubiquiti Networks.

What is the consensus analysts' recommendation for Ubiquiti Networks?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ubiquiti Networks in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ubiquiti Networks.

Are investors shorting Ubiquiti Networks?

Ubiquiti Networks saw a decline in short interest in July. As of July 31st, there was short interest totalling 5,695,949 shares, a decline of 3.0% from the July 13th total of 5,871,869 shares. Based on an average daily trading volume, of 232,951 shares, the days-to-cover ratio is presently 24.5 days. Approximately 33.5% of the company's stock are short sold. View Ubiquiti Networks' Current Options Chain.

Who are some of Ubiquiti Networks' key competitors?

Who are Ubiquiti Networks' key executives?

Ubiquiti Networks' management team includes the folowing people:
  • Mr. Robert J. Pera, Founder, Chairman & CEO (Age 40)
  • Mr. Kevin Radigan, Chief Accounting Officer & Principal Financial Officer (Age 59)
  • Mr. Benjamin Moore, VP of Bus. Devel. (Age 42)
  • Mr. Hartley Nisenbaum, Exec. VP of Operations and Legal Affairs
  • Dr. John R. Sanford, Chief Technology Officer (Age 55)

Has Ubiquiti Networks been receiving favorable news coverage?

Media coverage about UBNT stock has been trending positive recently, Accern reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ubiquiti Networks earned a daily sentiment score of 0.25 on Accern's scale. They also gave news headlines about the Wireless communications provider an impact score of 46.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Ubiquiti Networks.

Who are Ubiquiti Networks' major shareholders?

Ubiquiti Networks' stock is owned by many different of retail and institutional investors. Top institutional investors include EdgePoint Investment Group Inc. (5.08%), Disciplined Growth Investors Inc. MN (2.07%), BlackRock Inc. (1.39%), Dimensional Fund Advisors LP (0.85%), Anchor Capital Advisors LLC (0.45%) and Renaissance Technologies LLC (0.45%). Company insiders that own Ubiquiti Networks stock include Benjamin Moore and Robert J Pera. View Institutional Ownership Trends for Ubiquiti Networks.

Which institutional investors are selling Ubiquiti Networks stock?

UBNT stock was sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., BlackRock Inc., Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., California Public Employees Retirement System, Disciplined Growth Investors Inc. MN and Anchor Capital Advisors LLC. View Insider Buying and Selling for Ubiquiti Networks.

Which institutional investors are buying Ubiquiti Networks stock?

UBNT stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Paloma Partners Management Co, SG Americas Securities LLC, BlueMountain Capital Management LLC, LMR Partners LLP, Renaissance Technologies LLC, Verition Fund Management LLC and Acadian Asset Management LLC. View Insider Buying and Selling for Ubiquiti Networks.

How do I buy shares of Ubiquiti Networks?

Shares of UBNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ubiquiti Networks' stock price today?

One share of UBNT stock can currently be purchased for approximately $82.03.

How big of a company is Ubiquiti Networks?

Ubiquiti Networks has a market capitalization of $6.03 billion and generates $865.27 million in revenue each year. The Wireless communications provider earns $257.50 million in net income (profit) each year or $3.09 on an earnings per share basis. Ubiquiti Networks employs 725 workers across the globe.

How can I contact Ubiquiti Networks?

Ubiquiti Networks' mailing address is 685 THIRD AVENUE 27TH FLOOR, NEW YORK NY, 10017. The Wireless communications provider can be reached via phone at 646-780-7958 or via email at [email protected]


MarketBeat Community Rating for Ubiquiti Networks (NASDAQ UBNT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  339 (Vote Outperform)
Underperform Votes:  436 (Vote Underperform)
Total Votes:  775
MarketBeat's community ratings are surveys of what our community members think about Ubiquiti Networks and other stocks. Vote "Outperform" if you believe UBNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UBNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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