NASDAQ:UEIC Universal Electronics (UEIC) Stock Forecast, Price & News $8.72 -0.27 (-3.00%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$8.70▼$9.3350-Day Range$8.07▼$10.4652-Week Range$7.78▼$29.28Volume92,566 shsAverage Volume119,522 shsMarket Capitalization$112.14 millionP/E RatioN/ADividend YieldN/APrice Target$21.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Universal Electronics MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside148.5% Upside$21.67 Price TargetShort InterestHealthy3.29% of Float Sold ShortDividend StrengthN/ASustainability-2.01Upright™ Environmental ScoreNews Sentiment1.43Based on 2 Articles This WeekInsider TradingAcquiring Shares$107,296 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($5.75) to ($0.83) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.61 out of 5 starsComputer And Technology Sector110th out of 598 stocksHousehold Audio & Video Equipment Industry2nd out of 6 stocks 3.2 Analyst's Opinion Consensus RatingUniversal Electronics has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.67, Universal Electronics has a forecasted upside of 148.5% from its current price of $8.72.Amount of Analyst CoverageUniversal Electronics has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.29% of the float of Universal Electronics has been sold short.Short Interest Ratio / Days to CoverUniversal Electronics has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Universal Electronics has recently decreased by 16.39%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldUniversal Electronics does not currently pay a dividend.Dividend GrowthUniversal Electronics does not have a long track record of dividend growth. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreUniversal Electronics has received a 20.56% 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 "Universal remote controllers", "Wireless access points", and "Cloud management tools" products. See details.Environmental SustainabilityThe Environmental Impact score for Universal Electronics is -2.01. Previous Next 3.0 News and Social Media Coverage News SentimentUniversal Electronics has a news sentiment score of 1.43. 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 is a higher news sentiment than the 0.74 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Universal Electronics this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for UEIC on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Universal Electronics to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Universal Electronics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $107,296.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.91% of the stock of Universal Electronics is held by insiders.Percentage Held by Institutions85.43% of the stock of Universal Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Universal Electronics are expected to grow in the coming year, from ($5.75) to ($0.83) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Universal Electronics is -1.92, 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. SectorThe P/E ratio of Universal Electronics is -1.92, 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 RatioUniversal Electronics has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Universal Electronics (NASDAQ:UEIC) StockUniversal Electronics, Inc. engages in the design, development, and trade of control and sensor technology solutions. Its products include one for all retail accessories, tablets and smartphones, and consumer electronics OEM. The firm's services include design, global manufacturing, and outsourced call center services. Its brands include QuickSet Cloud, Nevo, One For All, Ecolink, and RCS Technology. The company was founded on November 21, 1986 and is headquartered in Scottsdale, AZ.Read More Receive UEIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Universal Electronics and its competitors with MarketBeat's FREE daily newsletter. Email Address UEIC Stock News HeadlinesMay 20, 2023 | americanbankingnews.comUniversal Electronics (NASDAQ:UEIC) Earns Hold Rating from Analysts at StockNews.comMay 19, 2023 | finance.yahoo.comThese Return Metrics Don't Make Universal Electronics (NASDAQ:UEIC) Look Too StrongJune 10, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 15, 2023 | finance.yahoo.comUniversal Electronics Inc. to Participate in the B. Riley 23rd Annual Institutional Investor Conference on Wednesday, May 24, 2023May 5, 2023 | marketwatch.comUniversal Electronics Reports Financial Results for the First Quarter 2023May 4, 2023 | msn.comRecap: Universal Electronics Q1 EarningsMay 4, 2023 | finance.yahoo.comUniversal Electronics (UEIC) Reports Q1 Loss, Tops Revenue EstimatesApril 20, 2023 | finance.yahoo.comUniversal Electronics Inc. to Host First Quarter 2023 Financial Results Conference Call on May 4thJune 10, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...April 5, 2023 | finance.yahoo.comUniversal Electronics (NASDAQ:UEIC) investors are sitting on a loss of 81% if they invested five years agoMarch 16, 2023 | finance.yahoo.comIs Universal Electronics Inc. (NASDAQ:UEIC) Potentially Undervalued?March 15, 2023 | msn.comAnalyst Expectations for Universal Electronics's FutureMarch 13, 2023 | finance.yahoo.comUniversal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on Wednesday, March 22-23, 2023February 19, 2023 | finance.yahoo.comAnalysts Just Shaved Their Universal Electronics Inc. (NASDAQ:UEIC) Forecasts DramaticallyFebruary 17, 2023 | marketwatch.com: Universal Electronics downgraded to neutral from buy at B. RileyFebruary 16, 2023 | msn.comUniversal Electronics Non-GAAP EPS of $0.44 misses by $0.34, revenue of $122.76M misses by $7.83MFebruary 16, 2023 | finance.yahoo.comUniversal Electronics Reports Fourth Quarter and Year-End 2022 Financial ResultsFebruary 6, 2023 | finance.yahoo.comUEI Smart Thermostat Platform Expands Capabilities with Matter and Zigbee Connectivity for Enhanced Interoperability, Automation and Support ServicesFebruary 2, 2023 | finance.yahoo.comUniversal Electronics Inc. to Host Fourth Quarter and Full Year 2022 Financial Results Conference Call on February 16January 27, 2023 | seekingalpha.comUEIC Universal Electronics Inc.January 9, 2023 | finance.yahoo.comWith 85% ownership, Universal Electronics Inc. (NASDAQ:UEIC) boasts of strong institutional backingJanuary 9, 2023 | finance.yahoo.comUniversal Electronics Inc. to Present at the 25th Annual Needham Growth Conference on January 12thJanuary 7, 2023 | finance.yahoo.comUEI Expands Its Wireless Connectivity Solutions With Enhanced Security, Sustainability, and ScalabilityDecember 22, 2022 | finance.yahoo.comUniversal Electronics’ Eterna Remote Named as CES 2023 Innovation Awards HonoreeDecember 8, 2022 | finance.yahoo.comUniversal Electronics Inc. to Present at the 19th Annual Imperial Capital Security Investor ConferenceDecember 5, 2022 | finance.yahoo.comWall Street Analysts Think Universal Electronics (UEIC) Could Surge 51%: Read This Before Placing a BetDecember 5, 2022 | finance.yahoo.comUniversal Electronics (UEIC) Upgraded to Buy: Here's WhySee More Headlines UEIC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UEIC Company Calendar Last Earnings5/04/2023Today6/10/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Household audio & video equipment Sub-IndustryConsumer Electronics SectorComputer and Technology Current SymbolNASDAQ:UEIC CUSIP91348310 CIK101984 Webwww.uei.com Phone(480) 530-3000Fax714-918-4100Employees4,658Year Founded1986Price Target and Rating Average Stock Price Forecast$21.67 High Stock Price Forecast$29.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+148.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$410,000.00 Net Margins-11.19% Pretax Margin-9.41% Return on Equity-3.55% Return on Assets-1.84% Debt Debt-to-Equity RatioN/A Current Ratio1.61 Quick Ratio0.96 Sales & Book Value Annual Sales$542.75 million Price / Sales0.21 Cash Flow$1.87 per share Price / Cash Flow4.66 Book Value$21.17 per share Price / Book0.41Miscellaneous Outstanding Shares12,860,000Free Float11,711,000Market Cap$112.14 million OptionableOptionable Beta1.28 Social Links Key ExecutivesPaul D. ArlingChairman & Chief Executive OfficerRichard K. CarnifaxSenior Vice President-Global OperationsBryan M. HackworthChief Financial Officer & Senior Vice PresidentNorman Gerald SheridanSenior Vice President-EngineeringRichard A. FirehammerSecretary, Senior Vice President & General CounselKey CompetitorsSequans CommunicationsNYSE:SQNSSocial Leverage Acquisition Corp INYSE:SLACFG MergerNASDAQ:FGMCRenalytixNASDAQ:RNLXUpland SoftwareNASDAQ:UPLDView All CompetitorsInsiders & InstitutionsRomulo PontualBought 1,190 shares on 6/5/2023Total: $9,996.00 ($8.40/share)Prelude Capital Management LLCBought 22,117 shares on 6/1/2023Ownership: 0.172%Ameriprise Financial Inc.Bought 182,987 shares on 5/22/2023Ownership: 4.389%Geode Capital Management LLCBought 5,601 shares on 5/16/2023Ownership: 1.866%Segall Bryant & Hamill LLCBought 33,133 shares on 5/16/2023Ownership: 1.515%View All Insider TransactionsView All Institutional Transactions UEIC Stock - Frequently Asked Questions Should I buy or sell Universal Electronics stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UEIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UEIC, but not buy additional shares or sell existing shares. View UEIC analyst ratings or view top-rated stocks. What is Universal Electronics' stock price forecast for 2023? 3 Wall Street research analysts have issued 12 month price targets for Universal Electronics' shares. Their UEIC share price forecasts range from $16.00 to $29.00. On average, they predict the company's share price to reach $21.67 in the next year. This suggests a possible upside of 148.5% 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 2023? Universal Electronics' stock was trading at $20.81 at the beginning of the year. Since then, UEIC stock has decreased by 58.1% and is now trading at $8.72. View the best growth stocks for 2023 here. When is Universal Electronics' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our UEIC earnings forecast. How were Universal Electronics' earnings last quarter? Universal Electronics Inc. (NASDAQ:UEIC) released its quarterly earnings data on Thursday, May, 4th. The technology company reported ($0.96) EPS for the quarter, missing analysts' consensus estimates of ($0.63) by $0.33. The technology company had revenue of $108.38 million for the quarter, compared to the consensus estimate of $100.56 million. Universal Electronics had a negative trailing twelve-month return on equity of 3.55% and a negative net margin of 11.19%. What ETFs hold Universal Electronics' stock? ETFs with the largest weight of Universal Electronics (NASDAQ:UEIC) stock in their portfolio include Invesco Nasdaq Future Gen 200 ETF (QQQS).SPDR S&P Kensho Intelligent Structures ETF (SIMS). What guidance has Universal Electronics issued on next quarter's earnings? Universal Electronics updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of -$0.25--$0.15 for the period, compared to the consensus estimate of -$0.02. The company issued revenue guidance of $105.00 million-$115.00 million, compared to the consensus revenue estimate of $108.89 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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.56%), Dimensional Fund Advisors LP (5.46%), William Blair Investment Management LLC (4.47%), Ameriprise Financial Inc. (4.39%), Lapides Asset Management LLC (3.63%) and State Street Corp (2.10%). Insiders that own company stock include Bryan M Hackworth, Edward K Zinser, Romulo Pontual, 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 $8.72. How much money does Universal Electronics make? Universal Electronics (NASDAQ:UEIC) has a market capitalization of $112.14 million and generates $542.75 million in revenue each year. The technology company earns $410,000.00 in net income (profit) each year or ($4.55) on an earnings per share basis. How many employees does Universal Electronics have? The company employs 4,658 workers across the globe. 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 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Universal Electronics Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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