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Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Average US gasoline price falls 45 cents to $4.10 per gallon
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Biden's Plan to Confiscate Your Cash? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Average US gasoline price falls 45 cents to $4.10 per gallon
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Biden's Plan to Confiscate Your Cash? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Average US gasoline price falls 45 cents to $4.10 per gallon
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Is AMC Entertainment Pulling a Fast One on the APEs?
Biden's Plan to Confiscate Your Cash? (Ad)
Boredom, loneliness plague Ukrainian youth near front line
Here is a Simple 4 Stock Portfolio that Can Outperform the Market
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Average US gasoline price falls 45 cents to $4.10 per gallon
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
NASDAQ:UEIC

Universal Electronics - UEIC Stock Forecast, Price & News

$24.53
-0.12 (-0.49%)
(As of 08/12/2022 09:15 PM ET)
Add
Compare
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
0.37mentions of Universal Electronics in the last 14 days
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

UEIC stock logo

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

The Day of Financial Reckoning Is Near
The cycles that accurately warned of the Great Depression and every major investment event since … are now warning that the most severe geopolitical earthquake of this century has just begun. This crisis is so urgent that Weiss Ratings cycles expert Sean Brodrick and I held an emergency summit to prepare investors for the fallout.
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
See More Headlines
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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

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
Consumer Electronics
Current Symbol
NASDAQ:UEIC
CUSIP
91348310
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

Net Income
$5.30 million
Pretax Margin
0.49%

Debt

Sales & Book Value

Annual Sales
$601.60 million
Cash Flow
$2.45 per share
Book Value
$20.95 per share

Miscellaneous

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













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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