Ubiquiti (NYSE:UI) Given Buy Rating at BWS Financial

BWS Financial reiterated their buy rating on shares of Ubiquiti (NYSE:UI) in a research report report published on Monday,Benzinga reports. The firm currently has a $720.00 price target on the stock.

A number of other research analysts also recently weighed in on the company. Barclays upped their price target on Ubiquiti from $455.00 to $527.00 and gave the stock an “underweight” rating in a research note on Friday. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 3rd. Wall Street Zen upgraded shares of Ubiquiti from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $615.67.

Ubiquiti Stock Performance

Shares of UI opened at $711.97 on Monday. The firm has a market cap of $43.07 billion, a PE ratio of 48.50 and a beta of 1.40. Ubiquiti has a 52-week low of $255.00 and a 52-week high of $803.59. The business’s 50 day moving average price is $566.75 and its two-hundred day moving average price is $582.86.

Ubiquiti (NYSE:UI) last released its earnings results on Friday, February 6th. The company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.80. The company had revenue of $814.87 million for the quarter, compared to the consensus estimate of $716.95 million. Ubiquiti had a net margin of 29.90% and a return on equity of 129.52%. Ubiquiti’s quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.28 EPS. Research analysts predict that Ubiquiti will post 7.21 EPS for the current fiscal year.

Ubiquiti Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Shareholders of record on Tuesday, February 17th will be paid a $0.80 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $3.20 annualized dividend and a yield of 0.4%. Ubiquiti’s dividend payout ratio (DPR) is 21.80%.

Insider Buying and Selling at Ubiquiti

In other news, CAO Kevin Radigan sold 350 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $576.58, for a total value of $201,803.00. Following the completion of the transaction, the chief accounting officer directly owned 2,768 shares of the company’s stock, valued at $1,595,973.44. This represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 93.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of UI. Wealth Enhancement Advisory Services LLC raised its stake in shares of Ubiquiti by 244.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock worth $88,815,000 after purchasing an additional 110,632 shares during the period. M&T Bank Corp raised its position in Ubiquiti by 7,845.7% in the fourth quarter. M&T Bank Corp now owns 98,527 shares of the company’s stock worth $54,520,000 after acquiring an additional 97,287 shares during the period. Long Walk Management LP purchased a new position in Ubiquiti in the second quarter valued at about $28,480,000. Capital World Investors increased its stake in shares of Ubiquiti by 315.9% during the 3rd quarter. Capital World Investors now owns 86,086 shares of the company’s stock worth $56,867,000 after purchasing an additional 65,386 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Ubiquiti by 47.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 163,960 shares of the company’s stock worth $108,309,000 after purchasing an additional 52,744 shares during the last quarter. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Ubiquiti Company Profile

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.