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 note issued to investors on Monday,Benzinga reports. They presently have a $720.00 price target on the stock. BWS Financial’s price target would suggest a potential upside of 1.29% from the company’s current price.

A number of other analysts have also recently weighed in on UI. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Barclays increased their target price on Ubiquiti from $455.00 to $527.00 and gave the stock an “underweight” rating in a research report on Friday. Wall Street Zen raised shares of Ubiquiti from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ubiquiti currently has a consensus rating of “Moderate Buy” and an average price target of $615.67.

Ubiquiti Price Performance

Shares of NYSE:UI traded up $88.48 during midday trading on Monday, reaching $710.81. The company had a trading volume of 134,757 shares, compared to its average volume of 113,523. The stock has a market capitalization of $43.00 billion, a P/E ratio of 48.38 and a beta of 1.40. The stock’s fifty day moving average price is $563.82 and its 200-day moving average price is $580.99. Ubiquiti has a one year low of $255.00 and a one year high of $803.59.

Ubiquiti (NYSE:UI) last released its earnings results on Friday, February 6th. The company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.80. Ubiquiti had a net margin of 29.90% and a return on equity of 129.52%. The company had revenue of $814.87 million during the quarter, compared to the consensus estimate of $716.95 million. During the same quarter in the previous year, the firm earned $2.28 EPS. The company’s revenue was up 35.8% on a year-over-year basis. As a group, sell-side analysts forecast that Ubiquiti will post 7.21 earnings per share for the current year.

Insider Buying and Selling at Ubiquiti

In other Ubiquiti news, CAO Kevin Radigan sold 350 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $576.58, for a total transaction of $201,803.00. Following the sale, the chief accounting officer 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. 93.10% of the stock is owned by company insiders.

Institutional Trading of Ubiquiti

Hedge funds and other institutional investors have recently modified their holdings of the business. Legato Capital Management LLC acquired a new position in Ubiquiti during the fourth quarter valued at $303,000. Banque Cantonale Vaudoise acquired a new position in shares of Ubiquiti in the fourth quarter worth $94,000. Handelsbanken Fonder AB raised its stake in shares of Ubiquiti by 18.5% during the 4th quarter. Handelsbanken Fonder AB now owns 1,540 shares of the company’s stock worth $852,000 after purchasing an additional 240 shares in the last quarter. Wisconsin Capital Management LLC bought a new position in Ubiquiti during the fourth quarter valued at approximately $553,000. Finally, Passumpsic Savings Bank acquired a new stake in shares of Ubiquiti in the 4th quarter valued at $1,803,000. Institutional investors and hedge funds own 4.00% of the company’s stock.

About Ubiquiti

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.