Ubiquiti’s (UI) “Buy” Rating Reiterated at BWS Financial

BWS Financial reissued their buy rating on shares of Ubiquiti (NYSE:UI) in a research note issued to investors on Thursday,Benzinga reports. BWS Financial currently has a $720.00 price objective on the stock.

A number of other analysts also recently commented on the company. Wall Street Zen downgraded Ubiquiti from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Barclays lifted their price target on shares of Ubiquiti from $299.00 to $455.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 11th. Zacks Research upgraded shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Ubiquiti in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ubiquiti currently has a consensus rating of “Moderate Buy” and an average price target of $591.67.

Ubiquiti Price Performance

UI stock opened at $551.15 on Thursday. Ubiquiti has a 52-week low of $255.00 and a 52-week high of $803.59. The company has a 50-day moving average of $563.68 and a two-hundred day moving average of $565.64. The stock has a market capitalization of $33.34 billion, a price-to-earnings ratio of 42.14 and a beta of 1.37.

Ubiquiti (NYSE:UI) last issued its quarterly earnings results on Friday, November 7th. The company reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.98. Ubiquiti had a net margin of 28.72% and a return on equity of 132.71%. The firm had revenue of $733.77 million during the quarter, compared to the consensus estimate of $702.38 million. Equities analysts expect that Ubiquiti will post 7.21 EPS for the current fiscal year.

Ubiquiti Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Monday, November 17th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.20 dividend on an annualized basis and a yield of 0.6%. Ubiquiti’s payout ratio is currently 24.46%.

Insider Buying and Selling at Ubiquiti

In related news, CAO Kevin Radigan sold 350 shares of Ubiquiti stock in a transaction dated 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. The trade was a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 93.10% of the company’s stock.

Institutional Investors Weigh In On Ubiquiti

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its position in shares of Ubiquiti by 33.8% during the first quarter. Goldman Sachs Group Inc. now owns 33,836 shares of the company’s stock worth $10,494,000 after purchasing an additional 8,551 shares in the last quarter. Woodline Partners LP raised its position in Ubiquiti by 22.1% in the 1st quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock worth $377,000 after purchasing an additional 220 shares during the last quarter. Jane Street Group LLC lifted its holdings in Ubiquiti by 12.9% during the 1st quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock worth $4,270,000 after buying an additional 1,570 shares in the last quarter. Strs Ohio acquired a new position in Ubiquiti during the 1st quarter worth $813,000. Finally, Pallas Capital Advisors LLC increased its stake in shares of Ubiquiti by 67.3% in the 2nd quarter. Pallas Capital Advisors LLC now owns 1,143 shares of the company’s stock valued at $471,000 after buying an additional 460 shares during the period. Institutional investors and hedge funds own 4.00% of the company’s stock.

About Ubiquiti

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.