Ubiquiti (NYSE:UI) Earns “Buy” Rating from BWS Financial

Ubiquiti (NYSE:UI)‘s stock had its “buy” rating reiterated by stock analysts at BWS Financial in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $720.00 price target on the stock. BWS Financial’s target price would indicate a potential upside of 30.17% from the company’s previous close.

Several other analysts have also recently commented on UI. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ubiquiti in a research report on Monday, December 29th. Wall Street Zen downgraded Ubiquiti from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 3rd. Finally, Barclays upped their price target on Ubiquiti from $299.00 to $455.00 and gave the company an “underweight” rating in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $591.67.

Ubiquiti Price Performance

Shares of NYSE UI traded down $4.92 during midday trading on Thursday, hitting $553.12. The stock had a trading volume of 65,461 shares, compared to its average volume of 94,718. The firm has a market cap of $33.46 billion, a P/E ratio of 42.29 and a beta of 1.37. Ubiquiti has a fifty-two week low of $255.00 and a fifty-two week high of $803.59. The company’s 50-day simple moving average is $569.06 and its 200 day simple moving average is $563.67.

Ubiquiti (NYSE:UI) last announced its quarterly earnings data on Friday, November 7th. The company reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.98. Ubiquiti had a return on equity of 132.71% and a net margin of 28.72%.The firm had revenue of $733.77 million during the quarter, compared to analyst estimates of $702.38 million. Equities analysts expect that Ubiquiti will post 7.21 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Kevin Radigan sold 350 shares of Ubiquiti stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $576.58, for a total value of $201,803.00. Following the completion of the transaction, the chief accounting officer directly owned 2,768 shares in the company, valued at approximately $1,595,973.44. The trade was a 11.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 93.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of UI. Arrowstreet Capital Limited Partnership raised its holdings in shares of Ubiquiti by 47.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 163,960 shares of the company’s stock valued at $108,309,000 after acquiring an additional 52,744 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Ubiquiti by 244.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 155,916 shares of the company’s stock worth $88,815,000 after acquiring an additional 110,632 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Ubiquiti by 40.3% in the 3rd quarter. Pacer Advisors Inc. now owns 105,858 shares of the company’s stock valued at $69,928,000 after purchasing an additional 30,420 shares during the period. Vanguard Group Inc. boosted its position in shares of Ubiquiti by 10.8% during the third quarter. Vanguard Group Inc. now owns 95,561 shares of the company’s stock valued at $63,126,000 after purchasing an additional 9,282 shares in the last quarter. Finally, Capital World Investors grew its stake in Ubiquiti by 315.9% in the third quarter. Capital World Investors now owns 86,086 shares of the company’s stock worth $56,867,000 after purchasing an additional 65,386 shares during the period. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Ubiquiti Company Profile

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.