NASDAQ:UEICUniversal Electronics Stock Price, Forecast & News

$49.47

+0.68 (+1.39 %)

(As of 06/4/2020 01:50 PM ET)

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Today's Range

$47.62

Now: $49.47▼

$49.47

50-Day Range

$36.44

MA: $40.27▼

$45.96

52-Week Range

$29.50

Now: $49.47▼

$60.00

Volume1,459 shs

Average Volume94,945 shs

Market Capitalization$688.13 million

P/E Ratio68.71

Dividend YieldN/A

Beta1.21

Universal Electronics Inc. develops and manufactures pre-programmed and universal control products, audio-video (AV) accessories, software and intelligent wireless security products, and sensing and automation components for home entertainment and automation systems. The company offers universal infrared and radio frequency (RF) remote controls; integrated circuits on which its software and universal device control database is embedded; and software, firmware, and technology solutions that enable devices, including televisions, set-top boxes, audio systems, smartphones, tablets, game controllers, and other consumer electronic devices to wirelessly connect and interact with home networks, as well as interactive services to control and deliver digital entertainment and information. It also provides proprietary and standards-based RF sensors designed for residential security, safety, and automation applications; AV accessories; and wall-mount and handheld thermostat controllers, and connected accessories for intelligent energy management systems. In addition, the company licenses intellectual property comprising its patented technologies, trademarks, and database of home connectivity software and control codes. It serves cable and satellite television service providers, and original equipment manufacturers; software development companies; subscription broadcasting providers; hospitality system integrators; and retail, private label, pro-security installation, and personal computing companies. The company sells its products directly, as well as through distributors in the United States, Europe, Australia, New Zealand, South Africa, the Middle East, Mexico, Latin America, the People's Republic of China, various countries in Asia, and internationally under the One For All and Nevo brands. Universal Electronics Inc. was founded in 1986 and is headquartered in Scottsdale, Arizona.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Universal Electronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.50, Universal Electronics has a potential upside of 12.2% from its current price of $49.47.
Amount of Analyst Coverage
Universal Electronics has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Universal Electronics has received 306 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Universal Electronics has received 409 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Universal Electronics has received 57.20% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Universal Electronics and other stocks. Vote “Outperform” if you believe UEIC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe UEIC will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Universal Electronics does not currently pay a dividend.
Dividend Growth
Universal Electronics does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Universal Electronics insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.09% of the stock of Universal Electronics is held by insiders.
Percentage Held by Institutions
99.00% of the stock of Universal Electronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Universal Electronics are expected to grow by 35.51% in the coming year, from $2.45 to $3.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Universal Electronics is 68.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Universal Electronics is 68.71, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.59.
Price to Earnings Growth Ratio
Universal Electronics has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Universal Electronics has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.37 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Household audio & video equipment

Sub-IndustryConsumer Electronics

SectorComputer and Technology

Current SymbolNASDAQ:UEIC

Previous Symbol

CUSIP91348310

CIK101984

Webwww.uei.com

Phone480-530-3000

Debt

Debt-to-Equity Ratio0.05

Current Ratio1.45

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio68.71

Forward P/E Ratio20.19

P/E Growth1.26

Sales & Book Value

Annual Sales$753.48 million

Price / Sales0.91

Cash Flow$2.72 per share

Price / Cash Flow18.17

Book Value$19.70 per share

Price / Book2.51

Profitability

EPS (Most Recent Fiscal Year)$0.26

Net Income$3.63 million

Net Margins1.45%

Return on Equity3.93%

Return on Assets1.87%

Miscellaneous

Employees4,347

Outstanding Shares13,910,000

Market Cap$688.13 million

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Universal Electronics (NASDAQ:UEIC) Frequently Asked Questions

How has Universal Electronics' stock been impacted by COVID-19 (Coronavirus)?

Universal Electronics' stock was trading at $37.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, UEIC shares have increased by 33.3% and is now trading at $49.47. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Universal Electronics' next earnings date?

Universal Electronics is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Universal Electronics.

How were Universal Electronics' earnings last quarter?

Universal Electronics Inc (NASDAQ:UEIC) announced its quarterly earnings data on Thursday, May, 7th. The technology company reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.83 by $0.02. The technology company earned $151.78 million during the quarter, compared to analysts' expectations of $165.19 million. Universal Electronics had a return on equity of 3.93% and a net margin of 1.45%. View Universal Electronics' earnings history.

What guidance has Universal Electronics issued on next quarter's earnings?

Universal Electronics updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of 0.84-0.94 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.01. The company issued revenue guidance of $150-160 million, compared to the consensus revenue estimate of $192.79 million.

What price target have analysts set for UEIC?

2 equities research analysts have issued 12 month price objectives for Universal Electronics' shares. Their forecasts range from $48.00 to $63.00. On average, they expect Universal Electronics' share price to reach $55.50 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View analysts' price targets for Universal Electronics.

Has Universal Electronics been receiving favorable news coverage?

Press coverage about UEIC stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -1.0 on InfoTrie's scale. They also gave news 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 stock's share price in the next several days. View the latest news aboutUniversal Electronics.

Are investors shorting Universal Electronics?

Universal Electronics saw a drop in short interest in May. As of May 15th, there was short interest totaling 248,500 shares, a drop of 19.2% from the April 30th total of 307,600 shares. Based on an average daily volume of 116,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 1.9% of the company's stock are short sold. View Universal Electronics' Current Options Chain.

Who are some of Universal Electronics' key competitors?

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

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 Ring Energy (REI), Ring Energy (REI), Westrock (WRK), Gilead Sciences (GILD), Baidu (BIDU), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), Southwest Airlines (LUV), Southern (SO) and Verizon Communications (VZ).

Who are Universal Electronics' key executives?

Universal Electronics' management team includes the following people:

Mr. Paul D. Arling, Chairman & CEO (Age 57)
Mr. Bryan M. Hackworth, Sr. VP & CFO (Age 49)
Mr. Cheung Hyen Chong, Exec. VP of Asia (Age 57)
Mr. Menno V. Koopmans, Sr. VP & MD of EMEA (Age 43)
Mr. Louis Sylvester Hughes, Strategic Advisor to the CEO (Age 53)

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 shareholders include Eagle Asset Management Inc. (15.67%), BlackRock Inc. (14.53%), State Street Corp (3.23%), Investment Counselors of Maryland LLC (2.86%), Frontier Capital Management Co. LLC (2.18%) and The Manufacturers Life Insurance Company (1.86%). Company insiders that own Universal Electronics stock include Carl E Vogel, David Cheung Hyen Chong, J C Sparkman, Menno Koopmans, Richard A Firehammer Jr, Richard A Firehammer, Jr and William C Mulligan. View institutional ownership trends for Universal Electronics.

Which major investors are selling Universal Electronics stock?

UEIC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Mackay Shields LLC, Morgan Stanley, Squarepoint Ops LLC, IndexIQ Advisors LLC, Eagle Asset Management Inc., UBS Group AG, and KBC Group NV. Company insiders that have sold Universal Electronics company stock in the last year include Carl E Vogel, David Cheung Hyen Chong, and William C Mulligan. View insider buying and selling activity for Universal Electronics.

Which major investors are buying Universal Electronics stock?

UEIC stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Acadian Asset Management LLC, Fuller & Thaler Asset Management Inc., State Street Corp, The Manufacturers Life Insurance Company , Grantham Mayo Van Otterloo & Co. LLC, JPMorgan Chase & Co., and Foundry Partners LLC. View insider buying and selling activity for Universal Electronics.

How do I buy shares of 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.

What is Universal Electronics' stock price today?

One share of UEIC stock can currently be purchased for approximately $49.47.

How big of a company is Universal Electronics?

Universal Electronics has a market capitalization of $688.13 million and generates $753.48 million in revenue each year. The technology company earns $3.63 million in net income (profit) each year or $0.26 on an earnings per share basis. Universal Electronics employs 4,347 workers across the globe.

What is Universal Electronics' official website?

The official website for Universal Electronics is www.uei.com.

How can I contact Universal Electronics?

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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff