Universal Electronics (NASDAQ:UEIC) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Universal Electronics (NASDAQ:UEIC) announced its quarterly earnings data on Thursday. The technology company reported $0.10 earnings per share (EPS) 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 Stock Performance

Universal Electronics stock opened at $9.22 on Friday. Universal Electronics has a 52-week low of $7.53 and a 52-week high of $14.20. The firm has a 50 day moving average price of $10.36 and a two-hundred day moving average price of $9.79. The firm has a market cap of $120.14 million, a price-to-earnings ratio of -4.50, a PEG ratio of 3.78 and a beta of 1.19.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. B. Riley upgraded shares of Universal Electronics from a “neutral” rating to a “buy” rating and raised their price target for the company from $11.00 to $14.00 in a research note on Monday, November 11th. Rosenblatt Securities restated a “buy” rating and issued a $15.00 price target on shares of Universal Electronics in a research note on Friday. Finally, StockNews.com lowered shares of Universal Electronics from a “strong-buy” rating to a “buy” rating in a report on Tuesday.

Insider Transactions at Universal Electronics

In other news, CEO Paul D. Arling sold 13,185 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $11.73, for a total transaction 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 $3,326,803.95. This trade represents a 4.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 9.37% of the company’s stock.

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.