Universal Electronics (NASDAQ:UEIC – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.450-0.650 for the period, compared to the consensus estimate of 0.130. The company issued revenue guidance of -.
Universal Electronics Price Performance
Shares of UEIC stock opened at $4.23 on Tuesday. The company has a market cap of $53.34 million, a PE ratio of -3.02 and a beta of 1.23. Universal Electronics has a 1 year low of $2.69 and a 1 year high of $7.50. The stock’s 50 day simple moving average is $4.16 and its two-hundred day simple moving average is $3.80.
Universal Electronics (NASDAQ:UEIC – Get Free Report) last announced its 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). The company had revenue of $79.04 million during the quarter, compared to analysts’ expectations of $73.86 million. Universal Electronics had a negative return on equity of 0.47% and a negative net margin of 5.05%.Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on UEIC
Hedge Funds Weigh In On Universal Electronics
A number of institutional investors have recently modified their holdings of the stock. Man Group plc increased its holdings in Universal Electronics by 2.9% during the 4th 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 period. Empowered Funds LLC increased its stake in shares of Universal Electronics by 8.4% during the first quarter. Empowered Funds LLC now owns 48,816 shares of the technology company’s stock valued at $299,000 after buying an additional 3,802 shares during the period. Bridgeway Capital Management LLC raised its holdings in shares of Universal Electronics by 3.3% in the second quarter. Bridgeway Capital Management LLC now owns 131,164 shares of the technology company’s stock valued at $868,000 after acquiring an additional 4,143 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Universal Electronics by 15.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,341 shares of the technology company’s stock valued at $222,000 after acquiring an additional 4,893 shares in the last quarter. Finally, State Street Corp lifted its stake in Universal Electronics by 9.7% in the fourth quarter. State Street Corp now owns 56,520 shares of the technology company’s stock worth $204,000 after acquiring an additional 5,000 shares during the period. 79.35% of the stock is owned by hedge funds and other institutional investors.
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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