Media stories about Universal Electronics (NASDAQ:UEIC) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Universal Electronics earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.1080649738495 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

UEIC has been the subject of a number of research reports. BidaskClub cut shares of Universal Electronics from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. B. Riley reiterated a “buy” rating and set a $77.25 price objective on shares of Universal Electronics in a report on Saturday, August 5th. ValuEngine upgraded shares of Universal Electronics from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Universal Electronics from a “hold” rating to a “strong-buy” rating and set a $73.00 price objective for the company in a report on Tuesday, October 3rd. Finally, Piper Jaffray Companies dropped their price target on shares of Universal Electronics to $70.00 and set an “overweight” rating on the stock in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $72.75.

Universal Electronics (UEIC) opened at $51.75 on Friday. The company has a current ratio of 1.34, a quick ratio of 0.80 and a debt-to-equity ratio of 0.05. Universal Electronics has a 12-month low of $48.50 and a 12-month high of $74.85. The firm has a market cap of $740.34, a PE ratio of 23.96, a P/E/G ratio of 1.64 and a beta of 1.53.

Universal Electronics (NASDAQ:UEIC) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.04). The firm had revenue of $175.51 million for the quarter, compared to the consensus estimate of $182.53 million. Universal Electronics had a net margin of 1.45% and a return on equity of 11.27%. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 earnings per share. research analysts predict that Universal Electronics will post 2.11 EPS for the current fiscal year.

In other Universal Electronics news, Director Gregory Stapleton sold 10,000 shares of Universal Electronics stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $60.31, for a total value of $603,100.00. Following the sale, the director now owns 35,726 shares of the company’s stock, valued at $2,154,635.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.94% of the company’s stock.

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About Universal Electronics

Universal Electronics Inc (UEI) develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video (AV) accessories, and intelligent wireless security and automation components. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold primarily to subscription broadcasting providers, original equipment manufacturers (OEMs), retailers, and private label customers, and integrated circuits, on which its software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers.

Insider Buying and Selling by Quarter for Universal Electronics (NASDAQ:UEIC)

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