Universal Electronics - UEIC Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" UEIC shares.
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2 Wall Street research analysts have issued 12 month price objectives for Universal Electronics' stock. Their UEIC share price forecasts range from $40.00 to $43.00. On average, they predict the company's share price to reach $41.50 in the next year. This suggests a possible upside of 69.2% from the stock's current price.
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Universal Electronics' stock was trading at $40.75 on January 1st, 2022. Since then, UEIC shares have decreased by 39.8% and is now trading at $24.53.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our UEIC earnings forecast.

Universal Electronics Inc. (NASDAQ:UEIC) posted its quarterly earnings results on Wednesday, February, 17th. The technology company reported $1.14 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.18. The technology company had revenue of $156.26 million for the quarter, compared to analysts' expectations of $150.61 million. Universal Electronics had a negative net margin of 1.26% and a negative trailing twelve-month return on equity of 2.61%.

Universal Electronics updated its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided 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.

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.

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).

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

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.
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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.
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One share of UEIC stock can currently be purchased for approximately $24.53.

Universal Electronics (NASDAQ:UEIC) has a market capitalization of $310.40 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.

The company employs 3,945 workers across the globe.

Universal Electronics was founded in 1986.

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.