CUI Global Inc. (NASDAQ:CUI) has received a consensus recommendation of “Buy” from the six ratings firms that are covering the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $7.50.

CUI has been the subject of several research analyst reports. Zacks Investment Research cut CUI Global from a “hold” rating to a “sell” rating in a research report on Thursday, August 11th. Dougherty & Co cut their price objective on CUI Global from $9.00 to $7.50 and set a “buy” rating for the company in a research report on Tuesday, August 9th. Finally, TheStreet cut CUI Global from a “hold” rating to a “sell” rating in a research report on Thursday, July 7th.

A number of institutional investors have recently modified their holdings of the stock. First Eagle Investment Management LLC raised its position in shares of CUI Global by 3.0% in the second quarter. First Eagle Investment Management LLC now owns 2,350,376 shares of the company’s stock valued at $11,869,000 after buying an additional 69,134 shares in the last quarter. Royce & Associates LP raised its position in shares of CUI Global by 1.1% in the second quarter. Royce & Associates LP now owns 322,636 shares of the company’s stock valued at $1,629,000 after buying an additional 3,596 shares in the last quarter. Turner Investments L.P. raised its position in shares of CUI Global by 14.7% in the second quarter. Turner Investments L.P. now owns 273,000 shares of the company’s stock valued at $1,379,000 after buying an additional 35,000 shares in the last quarter. Clear Harbor Asset Management LLC raised its position in shares of CUI Global by 1.4% in the second quarter. Clear Harbor Asset Management LLC now owns 1,087,692 shares of the company’s stock valued at $5,493,000 after buying an additional 15,305 shares in the last quarter. Finally, Van Den Berg Management I Inc. raised its position in shares of CUI Global by 134.0% in the second quarter. Van Den Berg Management I Inc. now owns 180,285 shares of the company’s stock valued at $910,000 after buying an additional 103,230 shares in the last quarter. Hedge funds and other institutional investors own 56.43% of the company’s stock.

Shares of CUI Global (NASDAQ:CUI) traded up 0.70% during mid-day trading on Monday, hitting $5.77. The company had a trading volume of 29,723 shares. The firm’s 50 day moving average is $5.49 and its 200-day moving average is $6.03. The firm’s market cap is $120.61 million. CUI Global has a 12-month low of $4.01 and a 12-month high of $9.42.

CUI Global (NASDAQ:CUI) last posted its quarterly earnings data on Monday, August 8th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.04. CUI Global had a negative return on equity of 7.23% and a negative net margin of 6.13%. The business had revenue of $23.10 million for the quarter, compared to analyst estimates of $23.97 million. CUI Global’s revenue was up .9% on a year-over-year basis. On average, equities analysts expect that CUI Global will post ($0.30) EPS for the current year.

CUI Global Company Profile

CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).

5 Day Chart for NASDAQ:CUI

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