NASDAQ:UEIC - Universal Electronics Stock Price, Forecast & News

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

Universal Electronics Inc (NASDAQ:UEIC) posted its quarterly earnings data on Thursday, November, 7th. The technology company reported $1.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.86 by $0.15. The technology company had revenue of $200.72 million for the quarter, compared to the consensus estimate of $191.15 million. Universal Electronics had a negative net margin of 1.94% and a negative return on equity of 5.52%. View Universal Electronics' Earnings History.

Universal Electronics is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Universal Electronics.

Universal Electronics issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $0.79-0.89 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.74. The company issued revenue guidance of $$173-183 million, compared to the consensus revenue estimate of $$183.56 million.

2 brokerages have issued 12-month price targets for Universal Electronics' shares. Their forecasts range from $48.00 to $53.00. On average, they anticipate Universal Electronics' share price to reach $50.50 in the next year. This suggests that the stock has a possible downside of 4.9%. 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 headlines about UEIC stock have trended somewhat positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Universal Electronics earned a media sentiment score of 0.9 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 news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Universal Electronics.

Universal Electronics saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 548,200 shares, a decline of 9.0% from the November 28th total of 602,100 shares. Based on an average daily trading volume, of 82,800 shares, the short-interest ratio is presently 6.6 days. Currently, 4.1% of the company's stock are short sold. 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), LRAD (GNSS), 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 Westrock (WRK), Gilead Sciences (GILD), Baidu (BIDU), Walgreens Boots Alliance (WBA), Southwest Airlines (LUV), Southern (SO), Verizon Communications (VZ), Weyerhaeuser (WY), Axon Enterprise (AAXN) and Advanced Micro Devices (AMD).

Universal Electronics' stock is owned by a number of of institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.23%), Howland Capital Management LLC (0.06%), Campbell & CO Investment Adviser LLC (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Universal Electronics stock include Carl E Vogel, David Cheung Hyen Chong, Gregory Stapleton, J C Sparkman, 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 Howland Capital Management LLC and Louisiana State Employees Retirement System. 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 Campbell & CO Investment Adviser LLC and New York State Teachers Retirement System. 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 $53.08.

Universal Electronics has a market capitalization of $739.30 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]