News articles about Universal Electronics (NASDAQ:UEIC) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal Electronics earned a news impact score of 0.06 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.3755842988123 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Universal Electronics (NASDAQ:UEIC) opened at $47.35 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.80 and a current ratio of 1.34. The company has a market cap of $694.54, a P/E ratio of 70.67, a P/E/G ratio of 0.86 and a beta of 1.53. Universal Electronics has a 52 week low of $46.05 and a 52 week high of $74.85.

Universal Electronics (NASDAQ:UEIC) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.04). The firm had revenue of $175.51 million for the quarter, compared to the consensus estimate of $182.53 million. Universal Electronics had a return on equity of 11.27% and a net margin of 1.45%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. analysts forecast that Universal Electronics will post 2.28 earnings per share for the current year.

Several equities research analysts have recently commented on the stock. BidaskClub upgraded shares of Universal Electronics from a “strong sell” rating to a “sell” rating in a report on Tuesday, January 9th. Zacks Investment Research upgraded shares of Universal Electronics from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. B. Riley set a $77.00 price target on shares of Universal Electronics and gave the company a “buy” rating in a report on Tuesday, October 31st. Finally, Piper Jaffray Companies reduced their price target on shares of Universal Electronics to $70.00 and set an “overweight” rating for the company in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Universal Electronics presently has an average rating of “Hold” and an average target price of $72.75.

In other Universal Electronics news, COO Louis Sylvester Hughes sold 925 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $53.58, for a total transaction of $49,561.50. Following the sale, the chief operating officer now owns 1,502 shares of the company’s stock, valued at approximately $80,477.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider David Cheung Hyen Chong sold 11,550 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $50.31, for a total transaction of $581,080.50. Following the sale, the insider now directly owns 31,657 shares in the company, valued at approximately $1,592,663.67. The disclosure for this sale can be found here. Insiders own 5.94% of the company’s stock.

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Universal Electronics Company Profile

Universal Electronics Inc (UEI) develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video (AV) accessories, and intelligent wireless security and automation components. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold primarily to subscription broadcasting providers, original equipment manufacturers (OEMs), retailers, and private label customers, and integrated circuits, on which its software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers.

Insider Buying and Selling by Quarter for Universal Electronics (NASDAQ:UEIC)

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