Universal Electronics (NASDAQ:UEIC) Posts Quarterly Earnings Results

Universal Electronics (NASDAQ:UEIC) released its quarterly earnings data on Thursday. The technology company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04), Zacks reports. Universal Electronics had a negative net margin of 6.09% and a negative return on equity of 3.67%. The firm had revenue of $110.45 million during the quarter, compared to the consensus estimate of $102.47 million. Universal Electronics updated its Q1 2025 guidance to -0.210–0.110 EPS.

Universal Electronics Price Performance

Universal Electronics stock opened at $8.15 on Friday. The firm has a 50-day moving average of $10.29 and a 200-day moving average of $9.77. Universal Electronics has a one year low of $7.53 and a one year high of $14.20. The company has a market cap of $106.19 million, a price-to-earnings ratio of -4.41, a P/E/G ratio of 3.62 and a beta of 1.19.

Wall Street Analysts Forecast Growth

UEIC has been the subject of a number of research reports. B. Riley upgraded Universal Electronics from a “neutral” rating to a “buy” rating and increased their target price for the stock from $11.00 to $14.00 in a report on Monday, November 11th. Rosenblatt Securities reiterated a “buy” rating and set a $15.00 target price on shares of Universal Electronics in a report on Friday. Finally, StockNews.com cut Universal Electronics from a “strong-buy” rating to a “buy” rating in a report on Tuesday.

Insider Transactions at Universal Electronics

In other Universal Electronics news, CEO Paul D. Arling sold 13,185 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $11.73, for a total value of $154,660.05. Following the transaction, the chief executive officer now directly owns 283,615 shares of the company’s stock, valued at $3,326,803.95. This represents a 4.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 9.37% of the company’s stock.

Universal Electronics Company Profile

Universal Electronics Inc designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People’s Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal two-way radio frequency, as well as infrared remote controls to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers.