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

Universal Electronics trades on the NASDAQ under the ticker symbol "UEIC."

Universal Electronics Inc (NASDAQ:UEIC) posted its quarterly earnings data on Thursday, August, 8th. The technology company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.11. The technology company had revenue of $193.90 million for the quarter, compared to analyst estimates of $178.11 million. Universal Electronics had a negative return on equity of 6.11% and a negative net margin of 2.22%. View Universal Electronics' Earnings History.

Universal Electronics is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Universal Electronics.

Universal Electronics issued an update on its third quarter 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of $0.85-0.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.85. The company issued revenue guidance of $188-198 million, compared to the consensus revenue estimate of $193.47 million.

2 analysts have issued 1-year price objectives for Universal Electronics' stock. Their predictions range from $48.00 to $53.00. On average, they expect Universal Electronics' stock price to reach $50.50 in the next year. This suggests a possible upside of 2.6% from the stock's current price. View Analyst Price Targets for Universal Electronics.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Universal Electronics.

Media coverage about UEIC stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Universal Electronics earned a news impact score of -1.5 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Universal Electronics.

Universal Electronics saw a decline in short interest in September. As of September 15th, there was short interest totalling 594,700 shares, a decline of 10.5% from the August 15th total of 664,200 shares. Based on an average daily trading volume, of 94,800 shares, the days-to-cover ratio is presently 6.3 days. Approximately 4.5% of the company's shares are sold short. View Universal Electronics' Current Options Chain.

Some companies that are related to Universal Electronics include Knowles (KN), Sonos (SONO), Technicolor (TCLRY), Arlo Technologies (ARLO), LRAD (LRAD), Koss (KOSS), The Guitammer (GTMM) and Provision (PVHO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Electronics investors own include Advanced Micro Devices (AMD), Baidu (BIDU), Gilead Sciences (GILD), Proteostasis Therapeutics (PTI), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Southwest Airlines (LUV), Westrock (WRK), Weyerhaeuser (WY) and Axon Enterprise (AAXN).

Universal Electronics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Foundry Partners LLC (0.70%), Rhumbline Advisers (0.30%), Strs Ohio (0.10%), State of Alaska Department of Revenue (0.08%), Joel Isaacson & Co. LLC (0.06%) and Everence Capital Management Inc. (0.03%). Company insiders that own Universal Electronics stock include Carl E Vogel, David Cheung Hyen Chong, Gregory Stapleton, J C Sparkman, Louis Sylvester Hughes, Menno Koopmans, Richard A Firehammer Jr, Richard A Firehammer, Jr and William C Mulligan. View Institutional Ownership Trends for Universal Electronics.

UEIC stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC and Joel Isaacson & Co. LLC. Company insiders that have sold Universal Electronics company stock in the last year include Carl E Vogel, David Cheung Hyen Chong, J C Sparkman, Menno Koopmans, Richard A Firehammer, Jr and William C Mulligan. View Insider Buying and Selling for Universal Electronics.

UEIC stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, State of Alaska Department of Revenue, Everence Capital Management Inc. and Rhumbline Advisers. Company insiders that have bought Universal Electronics stock in the last two years include David Cheung Hyen Chong and J C Sparkman. View Insider Buying and Selling for Universal Electronics.

Shares of UEIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of UEIC stock can currently be purchased for approximately $49.20.

Universal Electronics has a market capitalization of $682.85 million and generates $680.24 million in revenue each year. The technology company earns $11.92 million in net income (profit) each year or $0.85 on an earnings per share basis. Universal Electronics employs 3,707 workers across the globe.View Additional Information About Universal Electronics.

The official website for Universal Electronics is http://www.uei.com/.

Universal Electronics' mailing address is 15147 N. Scottsdale Road Suite H300, Scottsdale AZ, 85254. The technology company can be reached via phone at 480-530-3000 or via email at [email protected]