Equities researchers at BWS Financial began coverage on shares of Ubiquiti (NYSE:UI) in a research note issued on Wednesday, The Fly reports. The firm set a “buy” rating on the stock.

Other equities analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Saturday, September 14th. ValuEngine lowered shares of Ubiquiti from a “hold” rating to a “sell” rating in a report on Saturday, October 5th.

UI traded up $3.85 on Wednesday, hitting $123.01. The company had a trading volume of 263,167 shares, compared to its average volume of 385,853. The company has a debt-to-equity ratio of 4.68, a current ratio of 4.21 and a quick ratio of 2.73. Ubiquiti has a 52-week low of $84.30 and a 52-week high of $174.95. The firm has a market capitalization of $7.87 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 2.32 and a beta of 1.22.

Ubiquiti (NYSE:UI) last issued its quarterly earnings data on Friday, August 9th. The company reported $1.18 EPS for the quarter. Ubiquiti had a net margin of 27.78% and a return on equity of 206.17%. The business had revenue of $286.64 million during the quarter. Analysts expect that Ubiquiti will post 5.52 EPS for the current fiscal year.

An institutional investor recently bought a new position in Ubiquiti stock. Denali Advisors LLC bought a new position in Ubiquiti Inc. (NYSE:UI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,800 shares of the company’s stock, valued at approximately $2,815,000. Institutional investors own 19.15% of the company’s stock.

Ubiquiti Company Profile

Ubiquiti Inc develops networking technology for service providers, enterprises, and consumers worldwide. It develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other WLAN products, as well as offers consumer products under the Ubiquiti Labs brand name.

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The Fly

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