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

$7.68
+0.09 (+1.19%)
(As of 12/8/2023 ET)
Compare
Today's Range
$7.58
$7.82
50-Day Range
$7.47
$9.00
52-Week Range
$7.02
$25.91
Volume
39,090 shs
Average Volume
138,462 shs
Market Capitalization
$99.47 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
73.6% 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
1.92mentions of Universal Electronics in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$1.36 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.

2.62 out of 5 stars

Computer And Technology Sector

90th out of 596 stocks

Consumer Electronics Industry

1st out of 2 stocks


UEIC stock logo

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

UEIC Stock News Headlines

Universal Electronics Inc UEIC
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
UEIC - Universal Electronics Inc.
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Consumer Electronics
Sub-Industry
Consumer Electronics
Current Symbol
NASDAQ:UEIC
CUSIP
91348310
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
+73.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$410,000.00
Pretax Margin
-20.48%

Debt

Sales & Book Value

Annual Sales
$445.62 million
Cash Flow
$1.91 per share
Book Value
$21.17 per share

Miscellaneous

Free Float
11,798,000
Market Cap
$99.47 million
Optionable
Optionable
Beta
1.22

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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














UEIC Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Electronics stock right now?

3 Wall Street 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 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 equities research analysts have issued 1 year price objectives for Universal Electronics' stock. Their UEIC share price targets range from $9.00 to $16.00. On average, they anticipate the company's stock price to reach $13.33 in the next twelve months. This suggests a possible upside of 73.6% 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 2023. Since then, UEIC stock has decreased by 63.1% and is now trading at $7.68.
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 analyst estimates 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 retail and institutional 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 12/8/2023 by MarketBeat.com Staff

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