Should I buy or sell uCloudlink Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for uCloudlink Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UCL shares. View UCL analyst ratings or view top-rated stocks .

How have UCL shares performed in 2024?

uCloudlink Group's stock was trading at $1.75 at the beginning of the year. Since then, UCL stock has decreased by 24.6% and is now trading at $1.32. View the best growth stocks for 2024 here .

Are investors shorting uCloudlink Group?

uCloudlink Group saw a increase in short interest in March. As of March 31st, there was short interest totaling 7,600 shares, an increase of 35.7% from the March 15th total of 5,600 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is presently 0.3 days. View uCloudlink Group's Short Interest .

When is uCloudlink Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our UCL earnings forecast .

How were uCloudlink Group's earnings last quarter?

uCloudlink Group Inc. (NASDAQ:UCL) issued its quarterly earnings results on Thursday, March, 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.10. The firm had revenue of $21.73 million for the quarter, compared to analyst estimates of $23.58 million. uCloudlink Group had a trailing twelve-month return on equity of 18.58% and a net margin of 3.28%.

What guidance has uCloudlink Group issued on next quarter's earnings?

uCloudlink Group updated its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $17.5 million-$18.5 million, compared to the consensus revenue estimate of $22.0 million.

When did uCloudlink Group IPO?

uCloudlink Group (UCL) raised $50 million in an initial public offering (IPO) on Wednesday, June 10th 2020. The company issued 2,600,000 shares at a price of $18.00-$20.50 per share. I-Bankers Securities and Valuable Capital Limited acted as the underwriters for the IPO and Tiger Brokers and Loop Capital Markets were co-managers.

How do I buy shares of uCloudlink Group?

Shares of UCL 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 .

NASDAQ:UCL

uCloudlink Group (UCL) Stock Price, News & Analysis

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Free UCL Stock Alerts

$1.32

-0.05 (-3.65%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.31
▼
$1.38
50-Day Range: $1.38
▼
$1.84
52-Week Range: $1.17
▼
$4.78

Volume: 4,122 shs
Average Volume: 36,345 shs
Market Capitalization: $49.43 million

P/E Ratio: 16.50
Dividend Yield: N/A
Price Target: N/A

Get uCloudlink Group alerts:

uCloudlink Group MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.02% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.28
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 336.36%
From $0.11 to $0.48 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.79 out of 5 stars

Business Services Sector

120th out of 305 stocks

Communication Services, Not Elsewhere Classified Industry

4th out of 8 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for uCloudlink Group.

3.0

Short Interest

Percentage of Shares Shorted
0.02% of the outstanding shares of uCloudlink Group have been sold short.
Short Interest Ratio / Days to Cover
uCloudlink Group has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in uCloudlink Group has recently increased by 35.71%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UCL.

2.9

News and Social Media Coverage

News Sentiment
uCloudlink Group has a news sentiment score of 1.28. 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 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for uCloudlink Group this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added uCloudlink Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, uCloudlink Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.60% of the stock of uCloudlink Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
85.54% of the stock of uCloudlink Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for uCloudlink Group are expected to grow by 336.36% in the coming year, from $0.11 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of uCloudlink Group is 16.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of uCloudlink Group is 16.50, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 16.50.
Price to Book Value per Share Ratio
uCloudlink Group has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About uCloudlink Group Stock (NASDAQ:UCL)

uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies. It also offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solution for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, the company provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; and value-added services, such as advertisement. Further, it's platform-as-a-service/software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. The company was incorporated in 2014 and is headquartered in Tsim Sha Tsui, Hong Kong.

UCL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UCL Stock News Headlines

April 16, 2024 | americanbankingnews.com

Financial Survey: uCloudlink Group (NASDAQ:UCL) vs. Metro One Telecommunications (OTCMKTS:WOWI)

April 15, 2024 | americanbankingnews.com

uCloudlink Group Inc. (NASDAQ:UCL) Sees Large Increase in Short Interest

April 19, 2024 | Crypto 101 Media (Ad)

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March 31, 2024 | finance.yahoo.com

uCloudlink Group Full Year 2023 Earnings: Misses Expectations

March 28, 2024 | globenewswire.com

UCLOUDLINK GROUP INC. Files 2023 Annual Report on Form 20-F

March 16, 2024 | seekingalpha.com

uCloudlink Group Inc. (UCL) Q4 2023 Earnings Call Transcript

March 16, 2024 | investing.com

Earnings call: uCloudlink reports growth and new strategies for 2024

March 15, 2024 | finance.yahoo.com

uCloudlink Group Inc. (NASDAQ:UCL) Q4 2023 Earnings Call Transcript

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 15, 2024 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At uCloudlink Group (NASDAQ:UCL)

March 14, 2024 | msn.com

uCloudlink Group misses top-line and bottom-line estimates; initiates Q1 and FY24 outlook

March 14, 2024 | globenewswire.com

UCLOUDLINK GROUP INC. Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

March 7, 2024 | globenewswire.com

UCLOUDLINK GROUP INC. to Report Fourth Quarter and Full Year 2023 Financial Results on March 14, 2024

March 7, 2024 | globenewswire.com

UCLOUDLINK GROUP INC. to Report Fourth Quarter and Full Year 2023 Financial Results on March 14, 2024

February 26, 2024 | finanznachrichten.de

UCLOUDLINK GROUP INC.: MWC 2024: UCLOUDLINK Showcases Innovative Solutions for Better Connection, Empowering Better Life

February 26, 2024 | prnewswire.com

MWC 2024: UCLOUDLINK Showcases Innovative Solutions for Better Connection, Empowering Better Life

February 17, 2024 | wsj.com

uCloudlink Group Inc. ADR

January 9, 2024 | finance.yahoo.com

GlocalMe Unveils Next-Level Global Connectivity Solutions at CES 2024

December 3, 2023 | finance.yahoo.com

11 Most Volatile Stocks Under $5 For Day Trading

November 23, 2023 | finance.yahoo.com

CORRECTION -- Diamond Equity Research Releases Update Note on uCloudlink Group Inc. (NASDAQ: UCL)

November 17, 2023 | finance.yahoo.com

Has uCloudlink Group Inc.'s (NASDAQ:UCL) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

November 16, 2023 | finance.yahoo.com

uCloudlink Group Inc. (NASDAQ:UCL) Q3 2023 Earnings Call Transcript

November 15, 2023 | msn.com

uCloudlink Group beats Q3 top and bottom line estimates; initiates Q4 outlook

November 15, 2023 | finance.yahoo.com

UCLOUDLINK GROUP INC. Announces Unaudited Third Quarter 2023 Financial Results

November 14, 2023 | benzinga.com

Earnings Preview For Ucloudlink Group

November 14, 2023 | markets.businessinsider.com

uCloudlink Group A is about to announce its earnings — here's what Wall Street expects

November 8, 2023 | finance.yahoo.com

UCLOUDLINK GROUP INC. to Report Third Quarter 2023 Financial Results on November 15, 2023

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:UCL
CUSIP: N/A
CIK: 1775898
Web: www.ucloudlink.com
Phone: 852-2180-6111
Fax: N/A
Employees: 330
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.08
Trailing P/E Ratio: 16.63
Forward P/E Ratio: 12.09
P/E Growth: N/A
Net Income: $2.81 million
Net Margins: 3.28%
Pretax Margin: 2.95%
Return on Equity: 18.58%
Return on Assets: 5.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.25
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $85.58 million
Price / Sales: 0.58
Cash Flow: $0.10 per share
Price / Cash Flow: 13.47
Book Value: $0.43 per share
Price / Book: 3.09

Miscellaneous

Outstanding Shares: 37,450,000
Free Float: 17,002,000
Market Cap: $49.81 million
Optionable: Not Optionable
Beta: 4.50

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Key Executives

Mr. Chaohui Chen (Age 56)
CEO & Director
Mr. Yimeng Shi (Age 51)
CFO & Compliance Officer
Mr. Zhihui Gong (Age 54)
Chief Technology Officer
Mr. Hui Xiao
Legal Manager
Mr. Wen Gao (Age 54)
Chief Strategy Officer
Jillian Zeng
Investor Relations Contact

Key Competitors

View All Competitors

UCL Stock Analysis - Frequently Asked Questions

Should I buy or sell uCloudlink Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for uCloudlink Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UCL shares.
View UCL analyst ratings or view top-rated stocks.
How have UCL shares performed in 2024?: uCloudlink Group's stock was trading at $1.75 at the beginning of the year. Since then, UCL stock has decreased by 24.6% and is now trading at $1.32.
View the best growth stocks for 2024 here.
Are investors shorting uCloudlink Group?: uCloudlink Group saw a increase in short interest in March. As of March 31st, there was short interest totaling 7,600 shares, an increase of 35.7% from the March 15th total of 5,600 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is presently 0.3 days.
View uCloudlink Group's Short Interest.
When is uCloudlink Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our UCL earnings forecast.

How were uCloudlink Group's earnings last quarter?: uCloudlink Group Inc. (NASDAQ:UCL) issued its quarterly earnings results on Thursday, March, 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.10. The firm had revenue of $21.73 million for the quarter, compared to analyst estimates of $23.58 million. uCloudlink Group had a trailing twelve-month return on equity of 18.58% and a net margin of 3.28%.
What guidance has uCloudlink Group issued on next quarter's earnings?: uCloudlink Group updated its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $17.5 million-$18.5 million, compared to the consensus revenue estimate of $22.0 million.
When did uCloudlink Group IPO?: uCloudlink Group (UCL) raised $50 million in an initial public offering (IPO) on Wednesday, June 10th 2020. The company issued 2,600,000 shares at a price of $18.00-$20.50 per share. I-Bankers Securities and Valuable Capital Limited acted as the underwriters for the IPO and Tiger Brokers and Loop Capital Markets were co-managers.
How do I buy shares of uCloudlink Group?: Shares of UCL 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.

This page (NASDAQ:UCL) was last updated on 4/19/2024 by MarketBeat.com Staff

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