Universal Electronics (NASDAQ:UEIC) will be posting its quarterly earnings results after the market closes on Thursday, November 8th. Analysts expect Universal Electronics to post earnings of $0.36 per share for the quarter.
Universal Electronics (NASDAQ:UEIC) last posted its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.38 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.38. Universal Electronics had a return on equity of 15.77% and a net margin of 1.02%. The firm had revenue of $162.52 million during the quarter, compared to analysts’ expectations of $161.15 million. On average, analysts expect Universal Electronics to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of UEIC opened at $31.27 on Thursday. Universal Electronics has a one year low of $26.97 and a one year high of $62.95. The company has a quick ratio of 0.84, a current ratio of 1.33 and a debt-to-equity ratio of 0.04. The stock has a market cap of $435.26 million, a price-to-earnings ratio of 11.13, a PEG ratio of 10.27 and a beta of 1.16.
A number of analysts have commented on the company. BidaskClub raised Universal Electronics from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th. TheStreet raised Universal Electronics from a “d+” rating to a “c” rating in a research report on Friday, August 3rd. ValuEngine raised Universal Electronics from a “sell” rating to a “hold” rating in a research report on Thursday, August 2nd. Zacks Investment Research raised Universal Electronics from a “sell” rating to a “hold” rating in a research report on Saturday, July 7th. Finally, B. Riley set a $42.00 price target on Universal Electronics and gave the stock a “hold” rating in a research report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Universal Electronics currently has a consensus rating of “Hold” and a consensus price target of $52.00.
In other Universal Electronics news, insider Richard A. Firehammer, Jr. sold 4,032 shares of Universal Electronics stock in a transaction dated Tuesday, September 25th. The stock was sold at an average price of $40.07, for a total transaction of $161,562.24. Following the completion of the transaction, the insider now owns 4,032 shares in the company, valued at approximately $161,562.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.97% of the company’s stock.
Universal Electronics Company Profile
Universal Electronics Inc develops and manufactures pre-programmed and universal control products, audio-video (AV) accessories, software and intelligent wireless security products, and sensing and automation components for home entertainment and automation systems. The company offers universal infrared and radio frequency (RF) remote controls; integrated circuits on which its software and universal device control database is embedded; and software, firmware, and technology solutions that enable devices, including televisions, set-top boxes, audio systems, smartphones, tablets, game controllers, and other consumer electronic devices to wirelessly connect and interact with home networks, as well as interactive services to control and deliver digital entertainment and information.
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