Universal Electronics (NASDAQ:UEIC) Stock Rating Lowered by Wall Street Zen

Universal Electronics (NASDAQ:UEIC) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

A number of other equities research analysts have also recently issued reports on the stock. Rosenblatt Securities cut shares of Universal Electronics from a “buy” rating to a “neutral” rating and set a $8.00 price target for the company. in a report on Friday, August 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Universal Electronics in a research report on Wednesday, November 5th. Finally, B. Riley lowered their target price on Universal Electronics from $5.00 to $3.50 and set a “neutral” rating on the stock in a report on Monday, November 10th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $5.75.

Universal Electronics Price Performance

Shares of Universal Electronics stock opened at $2.97 on Friday. The stock has a market capitalization of $39.70 million, a P/E ratio of -2.38 and a beta of 1.63. The stock has a 50 day moving average price of $4.29 and a two-hundred day moving average price of $5.52. Universal Electronics has a 12-month low of $2.94 and a 12-month high of $12.50.

Universal Electronics (NASDAQ:UEIC) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The company had revenue of $90.55 million for the quarter, compared to analyst estimates of $96.07 million. Universal Electronics had a negative net margin of 4.07% and a negative return on equity of 1.02%. Universal Electronics has set its Q4 2025 guidance at 0.010-0.110 EPS. Sell-side analysts anticipate that Universal Electronics will post 0.17 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of UEIC. Man Group plc increased its holdings in Universal Electronics by 6.1% in the 3rd quarter. Man Group plc now owns 100,019 shares of the technology company’s stock valued at $466,000 after buying an additional 5,760 shares during the period. Bridgeway Capital Management LLC boosted its position in shares of Universal Electronics by 3.3% during the 3rd quarter. Bridgeway Capital Management LLC now owns 135,483 shares of the technology company’s stock valued at $631,000 after acquiring an additional 4,319 shares in the last quarter. Heron Bay Capital Management bought a new stake in Universal Electronics in the third quarter valued at about $148,000. Peapod Lane Capital LLC increased its stake in Universal Electronics by 130.9% in the third quarter. Peapod Lane Capital LLC now owns 291,164 shares of the technology company’s stock valued at $1,357,000 after acquiring an additional 165,079 shares during the period. Finally, AMH Equity Ltd raised its position in Universal Electronics by 10.9% in the third quarter. AMH Equity Ltd now owns 800,000 shares of the technology company’s stock worth $3,728,000 after purchasing an additional 78,727 shares in the last quarter. 79.35% of the stock is owned by institutional investors.

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.