Universal Electronics (NASDAQ:UEIC – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.450-0.650 for the period, compared to the consensus estimate of -0.250. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Wall Street Zen lowered shares of Universal Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Universal Electronics in a research report on Monday, December 29th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.75.
View Our Latest Report on UEIC
Universal Electronics Trading Up 1.9%
Universal Electronics (NASDAQ:UEIC – Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The technology company reported $0.17 EPS for the quarter. The company had revenue of $87.75 million during the quarter. Universal Electronics had a negative net margin of 5.64% and a negative return on equity of 0.68%. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS. On average, equities analysts anticipate that Universal Electronics will post 0.17 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in UEIC. Kent Lake PR LLC increased its position in shares of Universal Electronics by 17.2% during the 2nd quarter. Kent Lake PR LLC now owns 1,260,642 shares of the technology company’s stock valued at $8,345,000 after purchasing an additional 185,014 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Universal Electronics by 23.2% in the second quarter. Ameriprise Financial Inc. now owns 875,458 shares of the technology company’s stock worth $5,796,000 after buying an additional 164,617 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Universal Electronics by 35.7% in the fourth quarter. Renaissance Technologies LLC now owns 212,652 shares of the technology company’s stock worth $768,000 after buying an additional 55,929 shares in the last quarter. Bridgeway Capital Management LLC boosted its stake in Universal Electronics by 17.1% in the fourth quarter. Bridgeway Capital Management LLC now owns 158,583 shares of the technology company’s stock worth $572,000 after buying an additional 23,100 shares in the last quarter. Finally, Man Group plc grew its position in Universal Electronics by 2.9% during the fourth quarter. Man Group plc now owns 102,924 shares of the technology company’s stock valued at $372,000 after acquiring an additional 2,905 shares during the last quarter. Institutional investors own 79.35% of the company’s stock.
Universal Electronics Company Profile
Universal Electronics Inc (NASDAQ:UEIC) is a leading provider of sensing and control technologies for the smart home and consumer electronics markets. The company specializes in design, development and manufacturing of remote control devices, wireless connectivity modules and integrated sensing solutions. Its core expertise lies in infrared (IR) and radio frequency (RF) remote controls, voice-enabled control devices and universal remotes that allow consumers to manage multiple home entertainment and automation systems through a single interface.
In addition to traditional remote control products, Universal Electronics has expanded its portfolio to include Internet of Things (IoT) gateways, home-automation hubs and cloud-based management platforms.
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