Should I buy or sell Universal Electronics stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UEIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UEIC, but not buy additional shares or sell existing shares. View UEIC analyst ratings or view top-rated stocks .

What is Universal Electronics' stock price target for 2024?

3 Wall Street research analysts have issued 1 year price targets for Universal Electronics' shares. Their UEIC share price targets range from $9.00 to $16.00. On average, they predict the company's share price to reach $13.33 in the next twelve months. This suggests a possible upside of 71.2% from the stock's current price. View analysts price targets for UEIC or view top-rated stocks among Wall Street analysts .

How have UEIC shares performed in 2023?

Universal Electronics' stock was trading at $20.81 at the beginning of the year. Since then, UEIC stock has decreased by 62.6% and is now trading at $7.79. View the best growth stocks for 2023 here .

When is Universal Electronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our UEIC earnings forecast .

How were Universal Electronics' earnings last quarter?

Universal Electronics Inc. (NASDAQ:UEIC) posted its quarterly earnings results on Thursday, November, 2nd. The technology company reported ($1.50) EPS for the quarter, missing the consensus estimate of ($0.26) by $1.24. The technology company earned $107.10 million during the quarter, compared to analysts' expectations of $113.25 million. Universal Electronics had a negative trailing twelve-month return on equity of 22.75% and a negative net margin of 22.00%.

What ETF holds Universal Electronics' stock ?

Invesco NASDAQ Future Gen 200 ETF holds 4,349 shares of UEIC stock, representing 0.71% of its portfolio.

What is Paul D. Arling's approval rating as Universal Electronics' CEO?

39 employees have rated Universal Electronics Chief Executive Officer Paul D. Arling on Glassdoor.com . Paul D. Arling has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Universal Electronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Electronics investors own include Advanced Micro Devices (AMD) , QUALCOMM (QCOM) , Skyworks Solutions (SWKS) , Walgreens Boots Alliance (WBA) , Weyerhaeuser (WY) , Agilent Technologies (A) , AbbVie (ABBV) , NXP Semiconductors (NXPI) and Vivint Solar (VSLR) .

Who are Universal Electronics' major shareholders?

Universal Electronics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (5.18%), William Blair Investment Management LLC (4.21%), Acadian Asset Management LLC (3.42%), Pacific Ridge Capital Partners LLC (2.55%), AMH Equity Ltd (2.29%) and Walleye Capital LLC (2.15%). Insiders that own company stock include Bryan M Hackworth, David Cheung Hyen Chong, Edward K Zinser , Paul D Arling, Romulo Pontual, Satjiv S Chahil, Toro 18 Holdings Llc and William C Mulligan. View institutional ownership trends .

How do I buy shares of Universal Electronics?

Shares of UEIC 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 .

Universal Electronics Stock Price, News & Analysis (NASDAQ:UEIC)

$7.79

-0.10 (-1.27%)

(As of 11/30/2023 ET)

Compare

Today's Range: $7.76
▼
$8.38
50-Day Range: $7.47
▼
$9.27
52-Week Range: $7.02
▼
$25.91

Volume: 36,587 shs
Average Volume: 56,763 shs
Market Capitalization: $100.88 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.33

Universal Electronics MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 71.2% Upside
$13.33 Price Target
Short Interest: Healthy
1.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.60
Upright™ Environmental Score
News Sentiment: 1.47
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$1.20 M Bought Last Quarter
Proj. Earnings Growth: Growing
From ($7.36) to ($0.63) Per Share

Overall MarketRank^™

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

2.54 out of 5 stars

Computer And Technology Sector

121st out of 603 stocks

Household Audio & Video Equipment Industry

2nd out of 7 stocks

3.2

Analyst's Opinion

Consensus Rating
Universal Electronics has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.33, Universal Electronics has a forecasted upside of 71.2% from its current price of $7.79.
Amount of Analyst Coverage
Universal Electronics has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.42% of the float of Universal Electronics has been sold short.
Short Interest Ratio / Days to Cover
Universal Electronics has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Universal Electronics has recently decreased by 4.95%, indicating that investor sentiment is improving.

0.0

Dividend Strength

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

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Universal Electronics has received a 27.44% net impact score from Upright. Universal Electronics seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Universal remote controllers", "Wireless access points", and "Cloud management tools" products. See details.
Environmental Sustainability
The Environmental Impact score for Universal Electronics is -1.60.

3.0

News and Social Media Coverage

News Sentiment
Universal Electronics has a news sentiment score of 1.47. 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 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Universal Electronics this week, compared to 1 article on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Universal Electronics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,200,059.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.91% of the stock of Universal Electronics is held by insiders.
Percentage Held by Institutions
79.18% of the stock of Universal Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Universal Electronics are expected to grow in the coming year, from ($7.36) to ($0.63) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Universal Electronics is -1.02, 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 Universal Electronics is -1.02, 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
Universal Electronics has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Universal Electronics Stock (NASDAQ:UEIC)

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas. The company also serves through a network of national and regional distributors and dealers. It sells its products in the United States, the People's Republic of China, Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

UEIC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UEIC Stock News Headlines

November 25, 2023 | morningstar.com

Universal Electronics Inc UEIC

November 23, 2023 | americanbankingnews.com

Universal Electronics (NASDAQ:UEIC) Price Target Lowered to $9.00 at B. Riley

December 1, 2023 | Tomorrow Investor (Ad)

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November 2, 2023 | finance.yahoo.com

Universal Electronics Inc (UEIC) Reports Q3 2023 Earnings, Authorizes Stock Repurchase Program

November 2, 2023 | finance.yahoo.com

Universal Electronics Reports Financial Results for the Third Quarter 2023

November 1, 2023 | benzinga.com

Universal Electronics 10% Owner Trades Company's Stock

October 31, 2023 | finance.yahoo.com

Universal Electronics Introduces a New Climate Control Thermostat for the US Market

October 19, 2023 | businesswire.com

Universal Electronics Inc. to Host Third Quarter 2023 Financial Results Conference Call on November 2 nd

December 1, 2023 | DTI Trader (Ad)

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October 19, 2023 | finance.yahoo.com

Universal Electronics Inc. to Host Third Quarter 2023 Financial Results Conference Call on November 2nd

October 5, 2023 | finance.yahoo.com

Investors in Universal Electronics (NASDAQ:UEIC) have unfortunately lost 77% over the last three years

September 28, 2023 | finance.yahoo.com

Hayward Holdings, Inc. (HAYW) Soars 8.0%: Is Further Upside Left in the Stock?

September 15, 2023 | businesswire.com

UEI Unveils Environmentally Sustainable Products and Solutions at IBC 2023

September 14, 2023 | finance.yahoo.com

Insider Buying: SVP and CFO Bryan Hackworth Acquires 5,100 Shares of Universal Electronics Inc ...

September 6, 2023 | finance.yahoo.com

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on September 20-21, 2023

August 16, 2023 | finance.yahoo.com

Universal Electronics Inc. to Participate in Rosenblatt's 3rd Annual Technology Summit on Tuesday, August 22, 2023

August 13, 2023 | finance.yahoo.com

Universal Electronics Chairman & CEO Acquires 3.9% More Stock

August 3, 2023 | finance.yahoo.com

Universal Electronics Reports Financial Results for the Second Quarter 2023

August 3, 2023 | finance.yahoo.com

Universal Electronics (UEIC) Reports Q2 Loss, Tops Revenue Estimates

August 2, 2023 | finance.yahoo.com

UEIC - Universal Electronics Inc.

July 20, 2023 | finance.yahoo.com

Universal Electronics Inc. to Host Second Quarter 2023 Financial Results Conference Call on August 3rd

June 27, 2023 | insidermonkey.com

Here’s Why Universal Electronics (UEIC) Declined in Q1

May 19, 2023 | finance.yahoo.com

These Return Metrics Don't Make Universal Electronics (NASDAQ:UEIC) Look Too Strong

May 15, 2023 | finance.yahoo.com

Universal Electronics Inc. to Participate in the B. Riley 23rd Annual Institutional Investor Conference on Wednesday, May 24, 2023

May 5, 2023 | marketwatch.com

Universal Electronics Reports Financial Results for the First Quarter 2023

May 4, 2023 | msn.com

Recap: Universal Electronics Q1 Earnings

May 4, 2023 | finance.yahoo.com

Universal Electronics (UEIC) Reports Q1 Loss, Tops Revenue Estimates

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Household audio & video equipment
Sub-Industry: Consumer Electronics
Sector: Computer and Technology
Current Symbol: NASDAQ:UEIC
CUSIP: 91348310
CIK: 101984
Web: www.uei.com
Phone: (480) 530-3000
Fax: 714-918-4100
Employees: 4,658
Year Founded: 1986

Price Target and Rating

Average Stock Price Target: $13.33
High Stock Price Target: $16.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +71.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($7.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $410,000.00
Net Margins: -22.00%
Pretax Margin: -20.48%
Return on Equity: -22.75%
Return on Assets: -11.58%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.55
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: $542.75 million
Price / Sales: 0.19
Cash Flow: $1.90 per share
Price / Cash Flow: 4.09
Book Value: $14.02 per share
Price / Book: 0.56

Miscellaneous

Outstanding Shares: 12,950,000
Free Float: 11,798,000
Market Cap: $100.88 million
Optionable: Optionable
Beta: 1.27

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Key Executives

Mr. Paul D. Arling (Age 61)
Chairman & CEO
Comp: $857.27k
Mr. Bryan M. Hackworth (Age 53)
CFO & Senior VP
Comp: $423.8k
Mr. Richard K. Carnifax (Age 36)
Vice President of Manufacturing & Operations
Comp: $266.85k
Mr. Ramzi S. Ammari (Age 57)
Senior Vice President of Corporate Planning & Strategy
Comp: $418.33k
Mr. Menno V. Koopmans (Age 47)
Non-Executive Officer
Comp: $325k
Mr. Richard A. Firehammer Jr. (Age 65)
Esq., Senior VP, General Counsel, Head of Global Compliance & Secretary
Comp: $551.29k
Mr. Cheung Hyen Chong (Age 61)
Executive Vice President of Global Sales
Comp: $738.3k
Dr. Norman G. Sheridan Ph.D. (Age 61)
, Senior Vice President of Engineering
Mr. Stephen L. Gutman
Senior VP of Global Sales of Subscription Broadcast
Mr. Hrag G. Ohannessian
Senior Vice President of Global Sales for Home Automation, Security and Hospitality

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UEIC Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Electronics stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UEIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UEIC, but not buy additional shares or sell existing shares.
View UEIC analyst ratings or view top-rated stocks.
What is Universal Electronics' stock price target for 2024?: 3 Wall Street research analysts have issued 1 year price targets for Universal Electronics' shares. Their UEIC share price targets range from $9.00 to $16.00. On average, they predict the company's share price to reach $13.33 in the next twelve months. This suggests a possible upside of 71.2% from the stock's current price.
View analysts price targets for UEIC or view top-rated stocks among Wall Street analysts.
How have UEIC shares performed in 2023?: Universal Electronics' stock was trading at $20.81 at the beginning of the year. Since then, UEIC stock has decreased by 62.6% and is now trading at $7.79.
View the best growth stocks for 2023 here.
When is Universal Electronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our UEIC earnings forecast.
How were Universal Electronics' earnings last quarter?: Universal Electronics Inc. (NASDAQ:UEIC) posted its quarterly earnings results on Thursday, November, 2nd. The technology company reported ($1.50) EPS for the quarter, missing the consensus estimate of ($0.26) by $1.24. The technology company earned $107.10 million during the quarter, compared to analysts' expectations of $113.25 million. Universal Electronics had a negative trailing twelve-month return on equity of 22.75% and a negative net margin of 22.00%.
What ETF holds Universal Electronics' stock ?: Invesco NASDAQ Future Gen 200 ETF holds 4,349 shares of UEIC stock, representing 0.71% of its portfolio.

What is Paul D. Arling's approval rating as Universal Electronics' CEO?: 39 employees have rated Universal Electronics Chief Executive Officer Paul D. Arling on Glassdoor.com. Paul D. Arling has an approval rating of 67% among the company's employees.
What other stocks do shareholders of Universal Electronics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Electronics investors own include Advanced Micro Devices (AMD), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Walgreens Boots Alliance (WBA), Weyerhaeuser (WY), Agilent Technologies (A), AbbVie (ABBV), NXP Semiconductors (NXPI) and Vivint Solar (VSLR).
Who are Universal Electronics' major shareholders?: Universal Electronics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (5.18%), William Blair Investment Management LLC (4.21%), Acadian Asset Management LLC (3.42%), Pacific Ridge Capital Partners LLC (2.55%), AMH Equity Ltd (2.29%) and Walleye Capital LLC (2.15%). Insiders that own company stock include Bryan M Hackworth, David Cheung Hyen Chong, Edward K Zinser, Paul D Arling, Romulo Pontual, Satjiv S Chahil, Toro 18 Holdings Llc and William C Mulligan.
View institutional ownership trends.
How do I buy shares of Universal Electronics?: Shares of UEIC 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.

This page (NASDAQ:UEIC) was last updated on 12/1/2023 by MarketBeat.com Staff

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