About Ubiquiti Networks (NASDAQ:UBNT)
Ubiquiti 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.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
SectorComputer and Technology
Trailing P/E Ratio28.13
Forward P/E Ratio36.10
Sales & Book Value
Annual Sales$865.27 million
Price / Sales7.48
Cash Flow$3.2966 per share
Price / Cash26.50
Book Value$7.50 per share
Price / Book11.65
EPS (Most Recent Fiscal Year)$3.09
Net Income$257.50 million
Return on Equity56.13%
Return on Assets25.94%
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 initiated a stock repurchase plan on Wednesday, March 14th 2018, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.
How were Ubiquiti Networks' earnings last quarter?
Ubiquiti Networks Inc (NASDAQ:UBNT) issued its quarterly earnings results on Thursday, May, 10th. The Wireless communications provider reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.05. The Wireless communications provider earned $250.40 million during the quarter, compared to analyst estimates of $247.92 million. Ubiquiti Networks had a net margin of 19.15% and a return on equity of 56.13%. The firm's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company earned $0.79 EPS. View Ubiquiti Networks' Earnings History.
When is Ubiquiti Networks' next earnings date?
What price target have analysts set for UBNT?
4 Wall Street analysts have issued 12-month price objectives for Ubiquiti Networks' stock. Their forecasts range from $55.00 to $74.00. On average, they expect Ubiquiti Networks' stock price to reach $67.6667 in the next year. View Analyst Ratings for Ubiquiti Networks.
Who are some of Ubiquiti Networks' key competitors?
Some companies that are related to Ubiquiti Networks include Motorola Solutions (MSI), L3 Technologies (LLL), Commscope (COMM), ARRIS International (ARRS), Echostar (SATS), ViaSat (VSAT), Maxar Technologies (MAXR), Casa Systems (CASA), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), CalAmp (CAMP), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT) and Energous (WATT).
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?
News articles about UBNT stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ubiquiti Networks earned a news impact score of 0.17 on Accern's scale. They also gave media coverage about the Wireless communications provider an impact score of 43.87 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Ubiquiti Networks' major shareholders?
Ubiquiti Networks' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.06%), Disciplined Growth Investors Inc. MN (2.10%), State of Tennessee Treasury Department (1.08%), Dimensional Fund Advisors LP (0.91%), Anchor Capital Advisors LLC (0.46%) and Northern Trust Corp (0.40%). 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 Dimensional Fund Advisors LP, State of Tennessee Treasury Department, Sei Investments Co., Disciplined Growth Investors Inc. MN, New Amsterdam Partners LLC NY, Kempen Capital Management N.V., Burney Co. and Hussman Strategic Advisors Inc.. View Insider Buying and Selling for Ubiquiti Networks.
Which institutional investors are buying Ubiquiti Networks stock?
UBNT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Seven Eight Capital LP, Spark Investment Management LLC, A.R.T. Advisors LLC, IFP Advisors Inc, Schwab Charles Investment Management Inc., Quantbot Technologies LP and Anchor Capital Advisors 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 $87.19.
How big of a company is Ubiquiti Networks?
Ubiquiti Networks has a market capitalization of $6.48 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 (UBNT)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.