Should I buy or sell Universal Electronics stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last year. There are currently 2 hold ratings 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 target for 2024?

2 brokers have issued 12-month target prices for Universal Electronics' stock. Their UEIC share price targets range from $10.50 to $15.00. On average, they predict the company's share price to reach $12.75 in the next year. This suggests a possible upside of 25.2% 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 2024?

Universal Electronics' stock was trading at $9.39 on January 1st, 2024. Since then, UEIC stock has increased by 8.4% and is now trading at $10.18. View the best growth stocks for 2024 here .

When is Universal Electronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our UEIC earnings forecast .

How were Universal Electronics' earnings last quarter?

Universal Electronics Inc. (NASDAQ:UEIC) announced its quarterly earnings data on Thursday, February, 15th. The technology company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.27) by $0.28. The technology company earned $97.59 million during the quarter, compared to analyst estimates of $97.52 million. Universal Electronics had a negative net margin of 23.36% and a negative trailing twelve-month return on equity of 25.49%.

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

Universal Electronics updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of -0.270--0.170 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of $86.0 million-$96.0 million, compared to the consensus revenue estimate of $95.3 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) , QUALCOMM (QCOM) , Skyworks Solutions (SWKS) , Walgreens Boots Alliance (WBA) , Weyerhaeuser (WY) , Agilent Technologies (A) , AbbVie (ABBV) , NXP Semiconductors (NXPI) and Vivint Solar (VSLR) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:UEIC

Universal Electronics (UEIC) Stock Price, News & Analysis

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$10.18

+0.21 (+2.11%)

(As of 04/15/2024 ET)

Compare

Today's Range: $9.84
▼
$10.23
50-Day Range: $8.21
▼
$10.60
52-Week Range: $7.02
▼
$11.84

Volume: 35,183 shs
Average Volume: 43,083 shs
Market Capitalization: $132.03 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.75

Get Universal Electronics alerts:

Universal Electronics MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 25.2% Upside
$12.75 Price Target
Short Interest: Healthy
1.01% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.67
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.31) to $0.76 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.

4.11 out of 5 stars

Computer And Technology Sector

146th out of 593 stocks

Household Audio & Video Equipment Industry

1st out of 7 stocks

3.0

Analyst's Opinion

Consensus Rating
Universal Electronics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Universal Electronics has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.01% of the float of Universal Electronics has been sold short.
Short Interest Ratio / Days to Cover
Universal Electronics has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Universal Electronics has recently decreased by 2.34%, indicating that investor sentiment is improving.

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.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Universal Electronics has received a 31.32% 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 Sustainability
The Environmental Impact score for Universal Electronics is -1.67.

3.3

News and Social Media Coverage

News Sentiment
Universal Electronics has a news sentiment score of 1.89. 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 0.60 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Universal Electronics this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added Universal Electronics to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

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 8.91% of the stock of Universal Electronics is held by insiders.
Percentage Held by Institutions
79.35% 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 in the coming year, from ($0.31) to $0.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Universal Electronics is -1.33, 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. Sector
The P/E ratio of Universal Electronics is -1.33, 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 Ratio
Universal Electronics has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Universal Electronics Stock (NASDAQ:UEIC)

Universal Electronics Inc. designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal two-way radio frequency, as well as infrared remote controls to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers. It also provides software, firmware and technology solutions that can enable devices such as Smart TVs, hybrid set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to wirelessly connect and interoperate within home networks; cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses to OEMs and video service providers; embedded and cloud-enabled software for firmware update provisioning and digital rights management validation services to consumer electronics brands; and AV accessories, including universal remote controls, television wall mounts and stands, and digital television antennas. In addition, the company QuickSet, a software application that can be embedded in entertainment or smart home platform or can be delivered as a cloud-based service, through QuickSet Cloud, to enable universal device setup, interoperability, and control. Universal Electronics Inc. was incorporated in 1986 and is based in Scottsdale, Arizona.

UEIC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UEIC Stock News Headlines

March 13, 2024 | finance.yahoo.com

The past three years for Universal Electronics (NASDAQ:UEIC) investors has not been profitable

March 5, 2024 | finance.yahoo.com

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on March 13-14, 2024

April 16, 2024 | InvestorPlace (Ad)

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February 29, 2024 | investorplace.com

3 Breakout Stocks Under $15 Set to Soar in the Next Year

February 22, 2024 | benzinga.com

Universal Electronics Stock (NASDAQ:UEIC) Earnings Dates and Earning Calls

February 18, 2024 | msn.com

All the best deals in Best Buy's Presidents' Day sale

February 16, 2024 | markets.businessinsider.com

B. Riley Securities Maintains Neutral Rating for Universal Electronics: Here's What You Need To Know

February 16, 2024 | finance.yahoo.com

Universal Electronics Inc. (NASDAQ:UEIC) Q4 2023 Earnings Call Transcript

April 16, 2024 | InvestorPlace (Ad)

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February 15, 2024 | benzinga.com

Universal Electronics: Q4 Earnings Insights

February 15, 2024 | finance.yahoo.com

Universal Electronics Reports Fourth Quarter and Year-End 2023 Financial Results

February 15, 2024 | finance.yahoo.com

Universal Electronics Inc (UEIC) Faces Headwinds: Full Year Net Sales and Margins Decline

February 15, 2024 | finance.yahoo.com

Universal Electronics (UEIC) Tops Q4 Earnings and Revenue Estimates

February 15, 2024 | businesswire.com

Universal Electronics Reports Fourth Quarter and Year-End 2023 Financial Results

February 15, 2024 | markets.businessinsider.com

Universal Electronics earnings preview: what to expect

February 14, 2024 | benzinga.com

A Preview Of Universal Electronics's Earnings

February 2, 2024 | finance.yahoo.com

Universal Electronics Inc. to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call on February 15th

January 20, 2024 | finance.yahoo.com

Several Insiders Invested In Universal Electronics Flagging Positive News

January 19, 2024 | marketwatch.com

Universal Electronics: Court Affirms Ruling Against Roku in Patent Dispute

January 19, 2024 | businesswire.com

Universal Electronics Announces U.S. Court of Appeals Affirms Ban on Import and Sale of Roku Infringing Products

January 11, 2024 | finance.yahoo.com

UEI Announces QuickSet® Software Expansion for Better Entertainment and Increased Engagement through Personalization

January 10, 2024 | finance.yahoo.com

UEI Announces a Better Smart Home Control Experience with a Complete Line-Up of White Label Smart Home Hubs & Sensors

January 9, 2024 | stockhouse.com

UEI Announces Major Expansion to the UEI TIDE(TM) Family of Smart Thermostats

January 9, 2024 | finance.yahoo.com

UEI Introduces Nevo® on TIDE™ Smart Thermostat Family to Create a Whole Home Controller Platform

January 9, 2024 | seekingalpha.com

Universal Electronics: A High-Risk/High-Reward Turnaround Play

January 8, 2024 | finance.yahoo.com

UEI Announces Major Expansion to the UEI TIDE™ Family of Smart Thermostats

January 3, 2024 | finance.yahoo.com

Universal Electronics Inc. to Participate in the 26th Annual Needham Growth Conference

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Household audio & video equipment
Sub-Industry: Consumer Electronics
Current Symbol: NASDAQ:UEIC
CUSIP: 91348310
CIK: 101984
Web: www.uei.com
Phone: (480) 530-3000
Fax: 714-918-4100
Employees: 4,177
Year Founded: 1986

Price Target and Rating

Average Stock Price Target: $12.75
High Stock Price Target: $15.00
Low Stock Price Target: $10.50
Potential Upside/Downside: +25.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($7.67)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-98,240,000.00
Net Margins: -23.36%
Pretax Margin: -21.94%
Return on Equity: -25.49%
Return on Assets: -12.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.61
Quick Ratio: 1.06

Sales & Book Value

Annual Sales: $420.46 million
Price / Sales: 0.31
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $13.81 per share
Price / Book: 0.74

Miscellaneous

Outstanding Shares: 12,970,000
Free Float: 11,813,000
Market Cap: $132.03 million
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. Paul D. Arling (Age 62)
Chairman & CEO
Comp: $857.27k
Mr. Bryan M. Hackworth (Age 54)
CFO & Senior VP
Comp: $423.8k
Mr. Richard K. Carnifax (Age 37)
Senior Vice President of Global Operations
Comp: $266.85k
Mr. Ramzi S. Ammari (Age 57)
Senior Vice President of Corporate Planning & Strategy
Comp: $418.33k
Mr. Richard A. Firehammer Jr. (Age 66)
Esq., Senior VP, General Counsel, Head of Global Compliance & Secretary
Comp: $551.29k
Mr. Cheung Hyen Chong (Age 62)
Executive Vice President of Global Sales
Comp: $738.3k
Dr. Norman G. Sheridan Ph.D. (Age 62)
, Senior Vice President of Engineering
Mr. Stephen L. Gutman
Senior VP of Global Sales of Subscription Broadcast
Mr. Hrag G. Ohannessian
Senior Vice President of Global Sales for Home Automation, Security and Hospitality
Mr. Tak Chung Chan
Senior Vice President of Manufacturing Asia

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UEIC Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Electronics stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Electronics in the last year. There are currently 2 hold ratings 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 target for 2024?: 2 brokers have issued 12-month target prices for Universal Electronics' stock. Their UEIC share price targets range from $10.50 to $15.00. On average, they predict the company's share price to reach $12.75 in the next year. This suggests a possible upside of 25.2% 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 2024?: Universal Electronics' stock was trading at $9.39 on January 1st, 2024. Since then, UEIC stock has increased by 8.4% and is now trading at $10.18.
View the best growth stocks for 2024 here.
When is Universal Electronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our UEIC earnings forecast.
How were Universal Electronics' earnings last quarter?: Universal Electronics Inc. (NASDAQ:UEIC) announced its quarterly earnings data on Thursday, February, 15th. The technology company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.27) by $0.28. The technology company earned $97.59 million during the quarter, compared to analyst estimates of $97.52 million. Universal Electronics had a negative net margin of 23.36% and a negative trailing twelve-month return on equity of 25.49%.

What guidance has Universal Electronics issued on next quarter's earnings?: Universal Electronics updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of -0.270--0.170 for the period, compared to the consensus earnings per share estimate of 0.000. The company issued revenue guidance of $86.0 million-$96.0 million, compared to the consensus revenue estimate of $95.3 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), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Walgreens Boots Alliance (WBA), Weyerhaeuser (WY), Agilent Technologies (A), AbbVie (ABBV), NXP Semiconductors (NXPI) and Vivint Solar (VSLR).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:UEIC) was last updated on 4/16/2024 by MarketBeat.com Staff

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Universal Electronics (UEIC) Stock Price, News & Analysis

Universal Electronics MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Universal Electronics Stock (NASDAQ:UEIC)

UEIC Stock Price History

UEIC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

UEIC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™