About Ubiquiti Networks (NASDAQ:UBNT)
Ubiquiti Networks, Inc. develops performance networking technology for service providers and enterprises. The Company offers a portfolio of networking products and solutions. Its service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems and routing. Its enterprise product platforms provide wireless local area network (WLAN) infrastructure, video surveillance products, switching and routing solutions, and machine-to-machine communication components. Its products and solutions include radios, antennas, software, communications protocols and management tools that are designed to deliver carrier and enterprise class wireless broadband access and other services primarily in the unlicensed radio frequency spectrum. Its service provider and carrier solutions include Base Station/Backhaul/Customer Premise Equipment (CPE)/Bridge-airMAX, Network Routing Platform-EdgeMAX and Point-to-point Wireless Backhaul-airFiber.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Satellite Systems & Accessories
- Sub-Industry: Communications Equipment
- Symbol: NASDAQ:UBNT
- CUSIP: 90347A10
- Web: www.ubnt.com
- Market Cap: $5.04 billion
- Outstanding Shares: 80,353,000
- 50 Day Moving Avg: $56.85
- 200 Day Moving Avg: $54.07
- 52 Week Range: $45.71 - $67.80
Sales & Book Value:
- Trailing P/E Ratio: 20.31
- Foreward P/E Ratio: 14.07
- P/E Growth: 0.84
- Annual Revenue: $865.27 million
- Price / Sales: 5.83
- Book Value: $7.50 per share
- Price / Book: 8.37
- EBITDA: $297.12 million
- Net Margins: 29.76%
- Return on Equity: 45.87%
- Return on Assets: 28.73%
- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 9.67%
- Quick Ratio: 8.23%
- Average Volume: 841,408 shs.
- Beta: 0.51
- Short Ratio: 29.06
Frequently Asked Questions for Ubiquiti Networks (NASDAQ:UBNT)
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 has authorized a stock buyback plan on Wednesday, September 20th 2017, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.5% of its shares through open market purchases. Shares buyback plans are generally 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, August, 3rd. The company reported $0.75 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.69 by $0.06. The company had revenue of $228.60 million for the quarter, compared to analysts' expectations of $219.14 million. Ubiquiti Networks had a return on equity of 45.87% and a net margin of 29.76%. The firm's revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the company posted $0.69 EPS. View Ubiquiti Networks' Earnings History.
When will Ubiquiti Networks make its next earnings announcement?
Where is Ubiquiti Networks' stock going? Where will Ubiquiti Networks' stock price be in 2017?
4 brokerages have issued 1 year price targets for Ubiquiti Networks' shares. Their forecasts range from $44.00 to $66.00. On average, they expect Ubiquiti Networks' stock price to reach $54.67 in the next twelve months. View Analyst Ratings for Ubiquiti Networks.
Are investors shorting Ubiquiti Networks?
Ubiquiti Networks saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 10,389,049 shares, an increase of 37.8% from the September 15th total of 7,537,851 shares. Based on an average trading volume of 2,368,843 shares, the short-interest ratio is presently 4.4 days. Approximately 43.2% of the company's stock are sold short.
Who are some of Ubiquiti Networks' key competitors?
Some companies that are related to Ubiquiti Networks include Juniper Networks (JNPR), Amdocs Limited (DOX), Flextronics International (FLEX), CoStar Group (CSGP), LG Display Co. (LPL), CDK Global (CDK), Marvell Technology Group (MRVL), Splunk (SPLK), TIM Participacoes S.A. (TSU), Open Text Corporation (OTEX), Zayo Group Holdings (ZAYO), Qorvo (QRVO), Akamai Technologies (AKAM), Sensata Technologies Holding N.V. (ST), Veeva Systems (VEEV), ON Semiconductor Corporation (ON), Turkcell Iletisim Hizmetleri AS (TKC) and Jack Henry & Associates (JKHY).
Who are Ubiquiti Networks' key executives?
Ubiquiti Networks' management team includes the folowing people:
- Robert J. Pera, Chairman of the Board, Chief Executive Officer
- Kevin Radigan, Chief Accounting Officer
- Benjamin Moore, Vice President - Business Development
- Michael E. Hurlston, Independent Director
- Ronald A. Sege, Independent Director
- Rafael Torres, Independent Director
How do I buy Ubiquiti Networks stock?
Shares of Ubiquiti Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ubiquiti Networks' stock price today?
MarketBeat Community Rating for Ubiquiti Networks (NASDAQ UBNT)MarketBeat's community ratings are surveys of what our community members think about Ubiquiti Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ubiquiti Networks stock can currently be purchased for approximately $62.75.
Consensus Ratings for Ubiquiti Networks (NASDAQ:UBNT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$54.67 (12.88% downside)|Consensus Price Target History for Ubiquiti Networks (NASDAQ:UBNT)
Analysts' Ratings History for Ubiquiti Networks (NASDAQ:UBNT)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/27/2017||JMP Securities||Reiterated Rating||Market Perform||Low|
|8/7/2017||Deutsche Bank AG||Boost Price Target||Hold||$40.00 -> $44.00||Low|
|8/4/2017||Credit Suisse Group||Reiterated Rating||Sell||$54.00||Low|
|11/4/2016||Wunderlich||Boost Price Target||Buy||$60.00 -> $66.00||N/A|
|8/11/2016||Morgan Stanley||Set Price Target||Sell||$35.00||N/A|
|5/6/2016||BMO Capital Markets||Upgrade||Underperform -> Market Perform||$30.00 -> $37.00||N/A|
|2/5/2016||SunTrust Banks, Inc.||Boost Price Target||Neutral||$34.00||N/A|
|2/5/2016||Raymond James Financial, Inc.||Upgrade||Underperform -> Market Perform||N/A|
|1/14/2016||Sanford C. Bernstein||Downgrade||Outperform -> Market Perform||$49.00 -> $30.00||N/A|
Earnings History for Ubiquiti Networks (NASDAQ:UBNT)Earnings History by Quarter for Ubiquiti Networks (NASDAQ UBNT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q4 2017||$0.69||$0.75||$219.14 million||$228.60 million||View||Listen|
|5/4/2017||Q3 2017||$0.68||$0.77||$213.63 million||$218.36 million||View||Listen|
|2/9/2017||Q2 2017||$0.77||$0.72||$203.93 million||$213.50 million||View||Listen|
|11/3/2016||Q1||$0.69||$0.79||$183.58 million||$204.80 million||View||N/A|
|8/4/2016||Q4||$0.64||$0.69||$174.47 million||$185.70 million||View||N/A|
|5/5/2016||Q3||$0.56||$0.63||$164.35 million||$167.40 million||View||N/A|
|2/4/2016||Q216||$0.51||$0.58||$155.08 million||$161.90 million||View||N/A|
|11/5/2015||Q116||$0.48||$0.51||$150.13 million||$151.40 million||View||N/A|
|8/6/2015||Q415||$0.46||$0.50||$146.48 million||$145.30 million||View||N/A|
|5/7/2015||Q315||$0.47||$0.47||$149.60 million||$147.50 million||View||N/A|
|2/5/2015||Q215||$0.48||$0.53||$150.50 million||$153.10 million||View||N/A|
|11/6/2014||Q115||$0.53||$0.48||$158.90 million||$150.10 million||View||N/A|
|8/7/2014||Q414||$0.51||$0.56||$151.03 million||$156.00 million||View||N/A|
|5/8/2014||Q314||$0.49||$0.50||$141.92 million||$148.30 million||View||N/A|
|2/6/2014||Q214||$0.45||$0.48||$133.33 million||$138.40 million||View||N/A|
|11/7/2013||Q114||$0.39||$0.46||$119.30 million||$129.70 million||View||Listen|
|8/8/2013||Q4 2013||$0.27||$0.33||$93.28 million||$101.20 million||View||N/A|
|5/9/2013||Q313||$0.21||$0.24||$80.10 million||$83.15 million||View||N/A|
|2/7/2013||Q2 2013||$0.19||$0.20||$71.58 million||$74.90 million||View||N/A|
|11/8/2012||Q113||$0.16||$0.15||$65.65 million||$61.50 million||View||N/A|
Earnings Estimates for Ubiquiti Networks (NASDAQ:UBNT)
Current Year EPS Consensus Estimate: $3.68 EPS
Next Year EPS Consensus Estimate: $4.46 EPS
Dividend History by Quarter for Ubiquiti Networks (NASDAQ UBNT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ubiquiti Networks (NASDAQ:UBNT)
Insider Ownership Percentage: 70.34%Insider Trades by Quarter for Ubiquiti Networks (NASDAQ:UBNT)
Institutional Ownership Percentage: 30.86%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/28/2017||Robert J Pera||Insider||Sell||1,000,000||$61.25||$61,250,000.00|| |
|9/15/2016||Benjamin Moore||VP||Sell||150,000||$51.20||$7,680,000.00|| |
|6/17/2014||John Sanford||CTO||Sell||10,000||$44.57||$445,700.00|| |
|5/13/2014||John Sanford||CTO||Sell||10,000||$34.16||$341,600.00|| |
|4/15/2014||John Sanford||CTO||Sell||10,000||$36.70||$367,000.00|| |
|4/1/2014||Benjamin Moore||VP||Sell||34,000||$45.25||$1,538,500.00|| |
|3/11/2014||John Sanford||CTO||Sell||10,000||$49.46||$494,600.00|| |
|3/3/2014||Benjamin Moore||VP||Sell||34,000||$45.63||$1,551,420.00|| |
|2/3/2014||Benjamin Moore||VP||Sell||34,000||$40.11||$1,363,740.00|| |
|1/14/2014||John Sanford||CTO||Sell||10,000||$44.29||$442,900.00|| |
|1/2/2014||Benjamin Moore||VP||Sell||34,000||$45.34||$1,541,560.00|| |
|12/23/2013||Benjamin Moore||VP||Sell||34,000||$44.14||$1,500,760.00|| |
|12/17/2013||John Sanford||CTO||Sell||10,000||$39.96||$399,600.00|| |
|12/16/2013||Ronald Sege||Director||Sell||17,500||$39.82||$696,850.00|| |
|12/6/2013||Steven Altman||Director||Buy||20,000||$36.85||$737,000.00|| |
|11/12/2013||John Sanford||CTO||Sell||10,000||$40.88||$408,800.00|| |
|11/11/2013||Steven Altman||Director||Buy||10,000||$40.32||$403,200.00|| |
|10/15/2013||John Sanford||CTO||Sell||10,000||$38.28||$382,800.00|| |
|9/11/2013||Summit Partners P||Insider||Sell||1,300,000||$33.00||$42,900,000.00|| |
|9/4/2013||Summit Partners Private Equity||Major Shareholder||Sell||2,500,000||$31.41||$78,525,000.00|| |
|9/3/2013||Buskirk Robert Van||Director||Sell||20,831||$35.00||$729,085.00|| |
|9/3/2013||Jessica Zhou||VP||Sell||5,561||$35.01||$194,690.61|| |
|8/20/2013||John Sanford||CTO||Sell||15,000||$29.01||$435,150.00|| |
|7/23/2013||John Sanford||CTO||Sell||15,000||$21.16||$317,400.00|| |
|6/18/2013||John Sanford||CTO||Sell||10,000||$17.03||$170,300.00|| |
|6/13/2013||Summit Partners Private Equity||Major Shareholder||Sell||531,464||$16.00||$8,503,424.00|| |
|6/10/2013||Robert J Pera||CEO||Sell||500,000||$16.00||$8,000,000.00|| |
|6/4/2013||Summit Partners L P||Insider||Sell||6,000,000||$16.00||$96,000,000.00|| |
|5/21/2013||John Sanford||CTO||Sell||10,000||$19.36||$193,600.00|| |
Headline Trends for Ubiquiti Networks (NASDAQ:UBNT)
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Ubiquiti Networks (UBNT) Chart for Monday, October, 23, 2017