Universal Electronics (NASDAQ:UEIC) Issues Earnings Results

Universal Electronics (NASDAQ:UEIC) posted its earnings results on Thursday. The technology company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.04), Zacks reports. Universal Electronics had a negative return on equity of 8.61% and a negative net margin of 6.96%. Universal Electronics updated its Q1 2025 guidance to -0.210–0.110 EPS.

Universal Electronics Price Performance

Shares of Universal Electronics stock traded down $0.43 during trading on Thursday, reaching $9.22. 73,853 shares of the company traded hands, compared to its average volume of 57,062. The firm has a market capitalization of $120.14 million, a PE ratio of -4.50, a P/E/G ratio of 3.90 and a beta of 1.19. The company has a 50 day moving average price of $10.40 and a 200-day moving average price of $9.79. Universal Electronics has a 1-year low of $7.53 and a 1-year high of $14.20.

Insider Buying and Selling at Universal Electronics

In other Universal Electronics news, CEO Paul D. Arling sold 13,185 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $11.73, for a total value of $154,660.05. Following the completion of the sale, the chief executive officer now owns 283,615 shares of the company’s stock, valued at approximately $3,326,803.95. This trade represents a 4.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 9.37% of the company’s stock.

Analysts Set New Price Targets

UEIC has been the topic of a number of analyst reports. StockNews.com lowered shares of Universal Electronics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. B. Riley raised shares of Universal Electronics from a “neutral” rating to a “buy” rating and upped their price objective for the company from $11.00 to $14.00 in a research note on Monday, November 11th. Finally, Rosenblatt Securities raised shares of Universal Electronics from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Friday, November 8th.

About Universal Electronics

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.