Universal Electronics (NASDAQ:UEIC – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 0.450-0.650 for the period, compared to the consensus earnings per share estimate of 0.130. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on UEIC. Weiss Ratings raised shares of Universal Electronics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. Wall Street Zen raised shares of Universal Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Universal Electronics has an average rating of “Reduce” and a consensus target price of $5.75.
View Our Latest Stock Report on UEIC
Universal Electronics Stock Performance
Universal Electronics (NASDAQ:UEIC – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The technology company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07). Universal Electronics had a negative net margin of 5.05% and a negative return on equity of 0.47%. The firm had revenue of $79.04 million for the quarter, compared to analysts’ expectations of $73.86 million. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.
Institutional Investors Weigh In On Universal Electronics
A number of institutional investors have recently made changes to their positions in UEIC. Empowered Funds LLC boosted its holdings in Universal Electronics by 9.8% in the fourth quarter. Empowered Funds LLC now owns 66,178 shares of the technology company’s stock worth $239,000 after purchasing an additional 5,900 shares during the last quarter. XTX Topco Ltd boosted its holdings in Universal Electronics by 41.5% in the fourth quarter. XTX Topco Ltd now owns 36,175 shares of the technology company’s stock worth $131,000 after purchasing an additional 10,604 shares during the last quarter. Quadrature Capital Ltd boosted its holdings in Universal Electronics by 47.6% in the fourth quarter. Quadrature Capital Ltd now owns 24,957 shares of the technology company’s stock worth $90,000 after purchasing an additional 8,044 shares during the last quarter. Man Group plc boosted its holdings in Universal Electronics by 2.9% in the fourth quarter. Man Group plc now owns 102,924 shares of the technology company’s stock worth $372,000 after purchasing an additional 2,905 shares during the last quarter. Finally, Bridgeway Capital Management LLC boosted its holdings 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 purchasing an additional 23,100 shares during the last quarter. Hedge funds and other institutional investors own 79.35% of the company’s stock.
About Universal Electronics
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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