NASDAQ:UEIC

Universal Electronics - UEIC Stock Forecast, Price & News

$24.53

-0.12 (-0.49%)

(As of 08/12/2022 09:15 PM ET)

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Today's Range: $24.09
▼
$24.96
50-Day Range: $23.78
▼
$28.69
52-Week Range: $23.29
▼
$53.07

Volume: 91,500 shs
Average Volume: 54,227 shs
Market Capitalization: $310.40 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $41.50

Universal Electronics MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 69.2% Upside
$41.50 Price Target
Short Interest: Healthy
1.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.26
Upright™ Environmental Score
News Sentiment: 0.37
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 93.75%
From $0.32 to $0.62 Per Share

Overall MarketRank^™

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

2.65 out of 5 stars

Computer And Technology Sector

113th out of 665 stocks

Household Audio & Video Equipment Industry

1st out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Universal Electronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.50, Universal Electronics has a forecasted upside of 69.2% from its current price of $24.53.
Amount of Analyst Coverage
Universal Electronics has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.55% 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 3.6, 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 7.60%, indicating that investor sentiment is improving significantly.

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.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Universal Electronics has received a 32.80% 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 "Wireless access points", "Cloud management tools", and "Universal remote controllers" products. See details.
Environmental Sustainability
The Environmental Impact score for Universal Electronics is -1.26.

2.4

News and Social Media Coverage

News Sentiment
Universal Electronics has a news sentiment score of 0.37. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Universal Electronics this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Universal Electronics to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Universal Electronics insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.09% of the stock of Universal Electronics is held by insiders.
Percentage Held by Institutions
87.74% of the stock of Universal Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Universal Electronics are expected to grow by 93.75% in the coming year, from $0.32 to $0.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Universal Electronics is -43.80, 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 -43.80, 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 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Universal Electronics (NASDAQ:UEIC) Stock

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 intelligent 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 under the One For All brand in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

Analysts Set New Price Targets

UEIC has been the subject of several recent analyst reports. StockNews.com upgraded Universal Electronics from a "hold" rating to a "buy" rating in a research note on Friday, May 20th. TheStreet cut Universal Electronics from a "c" rating to a "d+" rating in a report on Thursday, May 5th. Rosenblatt Securities started coverage on Universal Electronics in a report on Monday, July 11th. They set a "buy" rating and a $40.00 price objective on the stock. Finally, B. Riley decreased their price objective on Universal Electronics from $53.00 to $43.00 in a report on Friday, August 5th.

Universal Electronics Stock Performance

Shares of UEIC traded down $0.12 during mid-day trading on Friday, hitting $24.53. 91,581 shares of the stock were exchanged, compared to its average volume of 46,509. The company has a market cap of $310.30 million, a PE ratio of -43.80 and a beta of 1.07. Universal Electronics has a 52-week low of $23.29 and a 52-week high of $53.07. The firm has a 50-day moving average of $26.24 and a two-hundred day moving average of $29.29.

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UEIC Stock News Headlines

August 12, 2022 | nasdaq.com

Universal Electronics Inc.'s (NASDAQ:UEIC) recent US$52m market cap decline means a loss of US$50k for insiders who bought this year

August 8, 2022 | finance.yahoo.com

Universal Electronics Inc. (NASDAQ:UEIC) Shares Could Be 27% Below Their Intrinsic Value Estimate

August 15, 2022 | Weiss Ratings (Ad)

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August 8, 2022 | americanbankingnews.com

B. Riley Cuts Universal Electronics (NASDAQ:UEIC) Price Target to $43.00

August 6, 2022 | finance.yahoo.com

Universal Electronics (UEIC) Q2 2022 Earnings Call Transcript

August 5, 2022 | finance.yahoo.com

Universal Electronics (UEIC) Q2 Earnings and Revenues Beat Estimates

August 4, 2022 | seekingalpha.com

Universal Electronics Non-GAAP EPS of $0.66, revenue of $139.1M

August 4, 2022 | finance.yahoo.com

Universal Electronics Reports Financial Results for the Second Quarter 2022

August 15, 2022 | Investing Daily (Ad)

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July 21, 2022 | finance.yahoo.com

Universal Electronics Inc. to Host Second Quarter 2022 Financial Results Conference Call on August 4th

July 12, 2022 | finanznachrichten.de

Universal Electronics Inc.: Universal Electronics to Launch New Voice Remotes for RDK Platform at RDK Tech Summit

July 12, 2022 | finance.yahoo.com

Universal Electronics to Launch New Voice Remotes for RDK Platform at RDK Tech Summit

June 23, 2022 | finance.yahoo.com

Investors Could Be Concerned With Universal Electronics' (NASDAQ:UEIC) Returns On Capital

June 20, 2022 | finance.yahoo.com

One of Finland’s Leading Telecom Service Providers, DNA, Selects Universal Electronics for Its Award-Winning Android TV Controller

May 17, 2022 | finance.yahoo.com

Universal Electronics Wins Three Red Dot Design Awards

May 16, 2022 | finance.yahoo.com

Universal Electronics Inc. to Present at the B. Riley 22nd Annual Institutional Investor Conference

May 6, 2022 | markets.businessinsider.com

Here's what Wall Street expects from Universal Electronics's earnings

May 5, 2022 | finance.yahoo.com

Universal Electronics Reports Financial Results for the First Quarter 2022

May 5, 2022 | finance.yahoo.com

Shareholders in Universal Electronics (NASDAQ:UEIC) are in the red if they invested five years ago

May 5, 2022 | finance.yahoo.com

Cabot Microelectronics (CCMP) Q2 Earnings and Revenues Surpass Estimates

April 21, 2022 | finance.yahoo.com

Universal Electronics Hits Sustainability Milestones in Time for Earth Day

April 21, 2022 | finance.yahoo.com

Universal Electronics Inc. to Host First Quarter 2022 Financial Results Conference Call on May 5th

April 6, 2022 | finance.yahoo.com

One Universal Electronics Inc. (NASDAQ:UEIC) insider upped their stake by 25% in the previous year

March 23, 2022 | finance.yahoo.com

UEI Announces the First Z-Wave® Long Range Certified IoT Device

March 16, 2022 | finance.yahoo.com

Universal Electronics Inc. to Present at the Sidoti & Company Small Cap Virtual Conference on March 23rd and 24th

February 19, 2022 | seekingalpha.com

Universal Electronics Inc. (UEIC) CEO Paul Arling on Q4 2021 Results - Earnings Call Transcript

February 17, 2022 | finance.yahoo.com

Universal Electronics Reports Fourth Quarter and Year-End 2021 Financial Results

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UEIC Company Calendar

Last Earnings: 2/17/2021
Today: 8/15/2022
Next Earnings (Estimated): 11/03/2022
Fiscal Year End: 12/31/2022

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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: 3,945
Year Founded: 1986

Price Target and Rating

Average Stock Price Forecast: $41.50
High Stock Price Forecast: $43.00
Low Stock Price Forecast: $40.00
Forecasted Upside/Downside: +69.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.56)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 76.66
P/E Growth: N/A
Net Income: $5.30 million
Net Margins: -1.26%
Pretax Margin: 0.49%
Return on Equity: -2.61%
Return on Assets: -1.40%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.49
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $601.60 million
Price / Sales: 0.52
Cash Flow: $2.45 per share
Price / Cash Flow: 10.03
Book Value: $20.95 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 12,654,000
Free Float: 11,757,000
Market Cap: $310.40 million
Optionable: Optionable
Beta: 1.07

Social Links

Key Executives

Mr. Paul D. Arling (Age 60)
Chairman & CEO
Comp: $856.77k
Mr. Bryan M. Hackworth (Age 52)
CFO & Sr. VP
Comp: $430.99k
Mr. Menno V. Koopmans (Age 46)
Sr. VP of Global Sales & Marketing
Comp: $323.46k
Mr. Ramzi S. Ammari (Age 56)
Sr. VP of Corp. Planning & Strategy
Comp: $414.33k
Mr. Rick Carnifax
VP of Manufacturing & Operations
Mr. Richard A. Firehammer Jr. (Age 64)
Sr. VP, Gen. Counsel & Sec.
Dr. Norman G. Sheridan Ph.D. (Age 60)
, Sr. VP of Engineering
Mr. Cheung Hyen Chong (Age 60)
Exec. VP of Asia
Mr. Stephen L. Gutman
Sr. VP of Global Sales of Subscription Broadcast
Mr. Hrag G. Ohannessian
Sr. VP of Global Sales at Home Automation, Security and Hospitality

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UEIC Stock - Frequently Asked Questions

Should I buy or sell Universal Electronics stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" UEIC shares.
View UEIC analyst ratings or view top-rated stocks.
What is Universal Electronics' stock price forecast for 2022?: 2 Wall Street analysts have issued 12-month price targets for Universal Electronics' shares. Their UEIC share price forecasts range from $40.00 to $43.00. On average, they anticipate the company's stock price to reach $41.50 in the next year. This suggests a possible upside of 69.2% 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 2022?: Universal Electronics' stock was trading at $40.75 at the start of the year. Since then, UEIC stock has decreased by 39.8% and is now trading at $24.53.
View the best growth stocks for 2022 here.
When is Universal Electronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our UEIC earnings forecast.
How were Universal Electronics' earnings last quarter?: Universal Electronics Inc. (NASDAQ:UEIC) announced its quarterly earnings results on Wednesday, February, 17th. The technology company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.18. The technology company earned $156.26 million during the quarter, compared to the consensus estimate of $150.61 million. Universal Electronics had a negative trailing twelve-month return on equity of 2.61% and a negative net margin of 1.26%.
What guidance has Universal Electronics issued on next quarter's earnings?: Universal Electronics issued an update on its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of $0.70-$0.80 for the period. The company issued revenue guidance of $145.00 million-$155.00 million, compared to the consensus revenue estimate of $159.83 million.
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), AmerisourceBergen (ABC), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Walgreens Boots Alliance (WBA), Weyerhaeuser (WY), Agilent Technologies (A), AbbVie (ABBV), NXP Semiconductors (NXPI) and Vivint Solar (VSLR).
What is Universal Electronics' stock symbol?: Universal Electronics trades on the NASDAQ under the ticker symbol "UEIC."
Who are Universal Electronics' major shareholders?: Universal Electronics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Eagle Asset Management Inc. (11.59%), William Blair Investment Management LLC (4.86%), Lapides Asset Management LLC (2.03%), Pacific Ridge Capital Partners LLC (1.55%), Peregrine Capital Management LLC (1.49%) and Foundry Partners LLC (1.25%). Insiders that own company stock include Carl E Vogel, David Cheung Hyen Chong, Edward K Zinser, Richard A Firehammer, Jr, Satjiv S Chahil 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.
What is Universal Electronics' stock price today?: One share of UEIC stock can currently be purchased for approximately $24.53.
How much money does Universal Electronics make?: Universal Electronics (NASDAQ:UEIC) has a market capitalization of $310.30 million and generates $601.60 million in revenue each year. The technology company earns $5.30 million in net income (profit) each year or ($0.56) on an earnings per share basis.
How many employees does Universal Electronics have?: The company employs 3,945 workers across the globe.
When was Universal Electronics founded?: Universal Electronics was founded in 1986.
How can I contact Universal Electronics?: Universal Electronics' mailing address is 15147 N. Scottsdale Road Suite H300, Scottsdale AZ, 85254. The official website for the company is www.uei.com. The technology company can be reached via phone at (480) 530-3000, via email at uei@lhai.com, or via fax at 714-918-4100.

This page (NASDAQ:UEIC) was last updated on 8/15/2022 by MarketBeat.com Staff

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Universal Electronics - UEIC Stock Forecast, Price & News

Universal Electronics MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Universal Electronics (NASDAQ:UEIC) Stock

Analysts Set New Price Targets

Universal Electronics Stock Performance

UEIC Stock News Headlines

UEIC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

UEIC Stock - Frequently Asked Questions

Should I buy or sell Universal Electronics stock right now?

What is Universal Electronics' stock price forecast for 2022?

How have UEIC shares performed in 2022?

When is Universal Electronics' next earnings date?

How were Universal Electronics' earnings last quarter?

What guidance has Universal Electronics issued on next quarter's earnings?

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

What other stocks do shareholders of Universal Electronics own?

What is Universal Electronics' stock symbol?

Who are Universal Electronics' major shareholders?

How do I buy shares of Universal Electronics?

What is Universal Electronics' stock price today?

How much money does Universal Electronics make?

How many employees does Universal Electronics have?

When was Universal Electronics founded?

How can I contact Universal Electronics?

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