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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
Slow start to New York's legal pot market leaves farmers holding the bag
NASDAQ:UEIC

Universal Electronics (UEIC) Stock Forecast, Price & News

$8.38
+0.30 (+3.71%)
(As of 06/2/2023 ET)
Compare
Today's Range
$8.13
$8.41
50-Day Range
$8.07
$10.46
52-Week Range
$7.78
$29.28
Volume
186,389 shs
Average Volume
137,188 shs
Market Capitalization
$107.77 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.67

Universal Electronics MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
158.6% Upside
$21.67 Price Target
Short Interest
Healthy
3.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.01
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$97,300 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($5.75) to ($0.83) Per Share

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 stars

Computer And Technology Sector

89th out of 609 stocks

Household Audio & Video Equipment Industry

1st out of 8 stocks


UEIC stock logo

About Universal Electronics (NASDAQ:UEIC) Stock

Universal 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.

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UEIC Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
UEIC Universal Electronics Inc.
Universal Electronics (UEIC) Upgraded to Buy: Here's Why
See More Headlines

UEIC Price History

UEIC Company Calendar

Last Earnings
2/17/2021
Today
6/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Household audio & video equipment
Sub-Industry
Consumer Electronics
Current Symbol
NASDAQ:UEIC
CUSIP
91348310
Employees
4,658
Year Founded
1986

Price Target and Rating

Average Stock Price Forecast
$21.67
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+158.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$410,000.00
Pretax Margin
-9.41%

Debt

Sales & Book Value

Annual Sales
$542.75 million
Cash Flow
$2.00 per share
Book Value
$16.41 per share

Miscellaneous

Free Float
11,711,000
Market Cap
$107.77 million
Optionable
Optionable
Beta
1.28

Social Links


Key Executives

  • Paul D. Arling
    Chairman & Chief Executive Officer
  • Richard K. Carnifax
    Senior Vice President-Global Operations
  • Bryan M. Hackworth
    Chief Financial Officer & Senior Vice President
  • Norman Gerald Sheridan
    Senior Vice President-Engineering
  • Richard A. Firehammer
    Secretary, Senior Vice President & General Counsel













UEIC Stock - Frequently Asked Questions

Should I buy or sell Universal Electronics stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued 12 month target prices for Universal Electronics' stock. Their UEIC share price forecasts range from $16.00 to $29.00. On average, they anticipate the company's share price to reach $21.67 in the next year. This suggests a possible upside of 158.6% 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 shares have decreased by 59.7% and is now trading at $8.38.
View the best growth stocks for 2023 here
.

Are investors shorting Universal Electronics?

Universal Electronics saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 399,800 shares, a decrease of 16.4% from the April 30th total of 478,200 shares. Based on an average daily volume of 272,300 shares, the short-interest ratio is presently 1.5 days. Approximately 3.3% of the company's stock are short sold.
View Universal Electronics' Short Interest
.

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 Wednesday, February, 17th. The technology company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.18. The technology company had revenue of $156.26 million for the quarter, compared to the consensus estimate of $150.61 million. Universal Electronics had a negative net margin of 11.19% and a negative trailing twelve-month return on equity of 3.55%.

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) and SPDR S&P Kensho Intelligent Structures ETF (SIMS) and

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

Universal Electronics issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (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 shareholders 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, Richard A Firehammer, Jr, 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 $8.38.

How much money does Universal Electronics make?

Universal Electronics (NASDAQ:UEIC) has a market capitalization of $107.77 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 6/4/2023 by MarketBeat.com Staff

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