NASDAQ:UCL

uCloudlink Group (UCL) Stock Forecast, Price & News

$3.64

+0.12 (+3.41%)

(As of 06/1/2023 ET)

Compare

Today's Range: $3.51
▼
$3.64
50-Day Range: $3.52
▼
$4.43
52-Week Range: $0.46
▼
$6.60

Volume: 4,647 shs
Average Volume: 45,656 shs
Market Capitalization: $104.44 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

uCloudlink Group MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.27% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.42
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 1,900.00%
From $0.01 to $0.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Business Services Sector

287th out of 684 stocks

Communication Services, Not Elsewhere Classified Industry

9th out of 20 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for uCloudlink Group.

5.0

Short Interest

Percentage of Shares Shorted
0.27% of the outstanding shares of uCloudlink Group have been sold short.
Short Interest Ratio / Days to Cover
uCloudlink Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in uCloudlink Group has recently decreased by 60.12%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
uCloudlink Group does not currently pay a dividend.
Dividend Growth
uCloudlink Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UCL.

3.0

News and Social Media Coverage

News Sentiment
uCloudlink Group has a news sentiment score of 1.42. 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 higher news sentiment than the 0.41 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for uCloudlink Group this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, uCloudlink Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.60% of the stock of uCloudlink Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Earnings Growth
Earnings for uCloudlink Group are expected to grow by 1,900.00% in the coming year, from $0.01 to $0.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of uCloudlink Group is -10.70, 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 uCloudlink Group is -10.70, 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
uCloudlink Group has a P/B Ratio of 8.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About uCloudlink Group (NASDAQ:UCL) Stock

uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. It provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies. The company also offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solution for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, it provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; and value-added services, such as advertisement. Further, it's platform-as-a-service/software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. The company was incorporated in 2014 and is headquartered in Tsim Sha Tsui, Hong Kong.

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UCL Stock News Headlines

May 27, 2023 | americanbankingnews.com

uCloudlink Group Inc. to Post Q2 2023 Earnings of $0.02 Per Share, Diamond Equity Forecasts (NASDAQ:UCL)

May 26, 2023 | finance.yahoo.com

UCLOUDLINK's Operating Subsidiaries Recognized as Technologically Advanced Small and Medium-sized Enterprises

June 1, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.

May 18, 2023 | marketwatch.com

ADRs End Lower; uCloudlink, UP Fintech Holding Trade Actively

May 18, 2023 | finanznachrichten.de

uCloudlink Group Inc.: UCLOUDLINK GROUP INC. Announces Unaudited First Quarter 2023 Financial Results

May 18, 2023 | finance.yahoo.com

UCLOUDLINK GROUP INC. Announces Unaudited First Quarter 2023 Financial Results

May 18, 2023 | msn.com

uCloudlink Group GAAP EPS of $0.06, revenue of $18M

May 15, 2023 | finance.yahoo.com

Investors in uCloudlink Group (NASDAQ:UCL) have seen incredible returns of 322% over the past year

June 1, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

May 11, 2023 | finance.yahoo.com

UCLOUDLINK GROUP INC. to Report First Quarter 2023 Financial Results on May 18, 2023

April 27, 2023 | americanbankingnews.com

uCloudlink Group Inc. Expected to Post Q1 2023 Earnings of ($0.07) Per Share (NASDAQ:UCL)

April 27, 2023 | americanbankingnews.com

uCloudlink Group (NASDAQ:UCL) Receives Buy Rating from Litchfield Hills Research

April 17, 2023 | finance.yahoo.com

uCloudlink Group Inc.'s (NASDAQ:UCL) Share Price Matching Investor Opinion

April 1, 2023 | americanbankingnews.com

uCloudlink Group Inc. (NASDAQ:UCL) Short Interest Update

March 29, 2023 | finance.yahoo.com

UCLOUDLINK GROUP INC. Files 2022 Annual Report on Form 20-F

March 28, 2023 | finance.yahoo.com

Estimating The Fair Value Of uCloudlink Group Inc. (NASDAQ:UCL)

March 18, 2023 | finance.yahoo.com

uCloudlink Group Inc. (NASDAQ:UCL) Q4 2022 Earnings Call Transcript

March 17, 2023 | seekingalpha.com

uCloudlink Group Inc. 2022 Q4 - Results - Earnings Call Presentation

March 15, 2023 | msn.com

Earnings Scheduled For March 15, 2023

March 9, 2023 | finance.yahoo.com

UCLOUDLINK GROUP INC. to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023

February 28, 2023 | seekingalpha.com

UCL uCloudlink Group Inc.

February 21, 2023 | finance.yahoo.com

UCLOUDLINK Gains More Industry Recognition in China to Accelerate Business Growth

February 18, 2023 | ca.finance.yahoo.com

uCloudlink Group Inc. (UCL)

January 13, 2023 | msn.com

uCloudlink's strategic equity investment listed on China's OTC market

December 29, 2022 | finance.yahoo.com

After the recent decline, uCloudlink Group Inc. (NASDAQ:UCL) CEO Chaohui Chen's holdings have lost 18% of their value

December 27, 2022 | finance.yahoo.com

uCloudlink Group Inc. (NASDAQ:UCL) Q3 2022 Earnings Call Transcript

November 28, 2022 | finance.yahoo.com

UCLOUDLINK Signs Memorandum of Understanding with Singapore EV Provider Apollo EV to Provide High-Quality In-vehicle Network Connectivity Solutions

See More Headlines

UCL Price History

30 days | 90 days | 365 days | Advanced Chart

UCL Company Calendar

Last Earnings: 3/15/2023
Today: 6/01/2023
Next Earnings (Estimated): 8/23/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:UCL
CUSIP: N/A
CIK: 1775898
Web: www.ucloudlink.com
Phone: 852-2180-6111
Fax: N/A
Employees: 2,020
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.34)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 361.00
P/E Growth: N/A
Net Income: $-19,850,000.00
Net Margins: -13.36%
Pretax Margin: -13.29%
Return on Equity: -14.02%
Return on Assets: -2.87%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.21
Quick Ratio: 1.15

Sales & Book Value

Annual Sales: $71.46 million
Price / Sales: 1.45
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.43 per share
Price / Book: 8.40

Miscellaneous

Outstanding Shares: 28,700,000
Free Float: 13,032,000
Market Cap: $103.61 million
Optionable: Not Optionable
Beta: 4.51

Key Executives

Mr. Chaohui Chen (Age 54)
CEO & Director

Mr. Yimeng Shi (Age 49)
CFO & Compliance Officer

Mr. Zhigang Du (Age 56)
Chief Operating Officer

Mr. Zhihui Gong (Age 52)
Chief Technology Officer

Mr. Hui Xiao
Legal Mang.

Mr. Wen Gao (Age 52)
Chief Strategy Officer

Mr. Shubao Pei (Age 50)
Chief R&D Officer and Chief Supply Chain Officer

Jillian Zeng
Investor Relations Contact

Key Competitors

View All Competitors

UCL Stock - Frequently Asked Questions

Should I buy or sell uCloudlink Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for uCloudlink Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" UCL shares.
View UCL analyst ratings or view top-rated stocks.
How have UCL shares performed in 2023?: uCloudlink Group's stock was trading at $3.34 on January 1st, 2023. Since then, UCL shares have increased by 8.1% and is now trading at $3.61.
View the best growth stocks for 2023 here.
Are investors shorting uCloudlink Group?: uCloudlink Group saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 78,400 shares, a decline of 60.1% from the April 30th total of 196,600 shares. Based on an average daily trading volume, of 37,000 shares, the short-interest ratio is currently 2.1 days.
View uCloudlink Group's Short Interest.
When is uCloudlink Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 23rd 2023.
View our UCL earnings forecast.
How were uCloudlink Group's earnings last quarter?: uCloudlink Group Inc. (NASDAQ:UCL) released its quarterly earnings results on Wednesday, March, 15th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.05. The company earned $19.61 million during the quarter, compared to analyst estimates of $20.18 million. uCloudlink Group had a negative net margin of 13.36% and a negative trailing twelve-month return on equity of 14.02%.
What guidance has uCloudlink Group issued on next quarter's earnings?: uCloudlink Group issued an update on its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $21.50 million-$22.50 million, compared to the consensus revenue estimate of $20.90 million.

When did uCloudlink Group IPO?: (UCL) raised $50 million in an initial public offering on Wednesday, June 10th 2020. The company issued 2,600,000 shares at a price of $18.00-$20.50 per share. I-Bankers Securities and Valuable Capital Limited acted as the underwriters for the IPO and Tiger Brokers and Loop Capital Markets were co-managers.
What is uCloudlink Group's stock symbol?: uCloudlink Group trades on the NASDAQ under the ticker symbol "UCL."
How do I buy shares of uCloudlink Group?: Shares of UCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is uCloudlink Group's stock price today?: One share of UCL stock can currently be purchased for approximately $3.61.
How much money does uCloudlink Group make?: uCloudlink Group (NASDAQ:UCL) has a market capitalization of $103.61 million and generates $71.46 million in revenue each year. The company earns $-19,850,000.00 in net income (profit) each year or ($0.34) on an earnings per share basis.
How many employees does uCloudlink Group have?: The company employs 2,020 workers across the globe.
How can I contact uCloudlink Group?: uCloudlink Group's mailing address is ROOM 2119 21/F ONE PACIFIC CENTRE 414 KWUN TONG ROAD KWUN TONG KOWLOON, HONG KONG K3, 999077. The official website for the company is www.ucloudlink.com. The company can be reached via phone at 852-2180-6111 or via email at ir@ucloudlink.com.

This page (NASDAQ:UCL) was last updated on 6/1/2023 by MarketBeat.com Staff

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