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NYSE:UI

Ubiquiti (UI) Stock Price, News & Analysis

Ubiquiti logo
$265.69
+3.33 (+1.27%)
(As of 10/31/2024 ET)

About Ubiquiti Stock (NYSE:UI)

Key Stats

Today's Range
$260.46
$269.96
50-Day Range
$177.13
$262.73
52-Week Range
$103.00
$269.96
Volume
88,902 shs
Average Volume
75,518 shs
Market Capitalization
$16.07 billion
P/E Ratio
45.89
Dividend Yield
0.90%
Price Target
$172.00
Consensus Rating
Hold

Company Overview

Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products. The company also provides technology platforms, such as airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; EdgeMAX, a software and system routing platform; airFiber, a wireless backhaul point-to-point radio system; and UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks. In addition, it offers UniFi Gateway Console, an enterprise class router and security gateway device; UniFi Wi-Fi, an enterprise Wi-Fi system; UniFi Protect, a video surveillance system, which provides statistical reporting and advanced analytics; UniFi Switch that deliver performance, switching, and power of ethernet support for enterprise networks; UniFi Access, a door access system; and UniFi Talk, a plug-and-play phone system and VoIP subscription service. Further, the company provides base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; and antennas. It serves customers through a network of distributors, online retailers, and direct to customers worldwide. The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019. Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.

Ubiquiti Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
34th Percentile Overall Score

UI MarketRank™: 

Ubiquiti scored higher than 34% of companies evaluated by MarketBeat, and ranked 547th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ubiquiti has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Ubiquiti has only been the subject of 2 research reports in the past 90 days.

  • Read more about Ubiquiti's stock forecast and price target.
  • Earnings Growth

    Earnings for Ubiquiti are expected to grow by 4.23% in the coming year, from $7.09 to $7.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ubiquiti is 45.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ubiquiti is 45.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.14.

  • Price to Book Value per Share Ratio

    Ubiquiti has a P/B Ratio of 169.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Ubiquiti's valuation and earnings.
  • Percentage of Shares Shorted

    7.36% of the float of Ubiquiti has been sold short.
  • Short Interest Ratio / Days to Cover

    Ubiquiti has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Ubiquiti has recently decreased by 7.12%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ubiquiti has a dividend yield of 0.94%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ubiquiti does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ubiquiti is 41.45%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Ubiquiti will have a dividend payout ratio of 32.48% next year. This indicates that Ubiquiti will be able to sustain or increase its dividend.

  • Read more about Ubiquiti's dividend.
  • Percentage of Shares Shorted

    7.36% of the float of Ubiquiti has been sold short.
  • Short Interest Ratio / Days to Cover

    Ubiquiti has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Ubiquiti has recently decreased by 7.12%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Ubiquiti has a news sentiment score of -0.03. 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 lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Ubiquiti this week, compared to 4 articles on an average week.
  • Search Interest

    4 people have searched for UI on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Ubiquiti to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ubiquiti insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    93.10% of the stock of Ubiquiti is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 4.00% of the stock of Ubiquiti is held by institutions.

  • Read more about Ubiquiti's insider trading history.
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UI Stock Analysis - Frequently Asked Questions

Ubiquiti's stock was trading at $139.56 at the beginning of 2024. Since then, UI shares have increased by 90.4% and is now trading at $265.69.
View the best growth stocks for 2024 here
.

Ubiquiti Inc. (NYSE:UI) announced its quarterly earnings results on Friday, August, 23rd. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.91 by $0.17. Ubiquiti's revenue was up 3.3% on a year-over-year basis.

Ubiquiti's top institutional shareholders include Carnegie Investment Counsel (0.01%), Creative Planning (0.01%), American National Bank & Trust (0.01%) and Willis Investment Counsel (0.01%).
View institutional ownership trends
.

Shares of UI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ubiquiti investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), AUO (AUOTY), DiamondRock Hospitality (DRH) and The RMR Group (RMR).

Company Calendar

Last Earnings
8/23/2024
Ex-Dividend for 9/9 Dividend
9/03/2024
Dividend Payable
9/09/2024
Today
10/31/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Electronic Equipment
Employees
1,515
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$172.00
High Stock Price Target
$240.00
Low Stock Price Target
$104.00
Potential Upside/Downside
-34.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$349.96 million
Pretax Margin
21.98%

Debt

Sales & Book Value

Annual Sales
$1.93 billion
Cash Flow
$6.29 per share
Book Value
$1.57 per share

Miscellaneous

Free Float
4,172,000
Market Cap
$15.87 billion
Optionable
No Data
Beta
1.16
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This page (NYSE:UI) was last updated on 10/31/2024 by MarketBeat.com Staff
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