Universal Electronics (NASDAQ:UEIC – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.450-0.650 for the period, compared to the consensus EPS estimate of -0.250. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on UEIC shares. Wall Street Zen lowered Universal Electronics from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Universal Electronics in a research note on Monday, December 29th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Universal Electronics has an average rating of “Reduce” and an average price target of $5.75.
View Our Latest Stock Analysis on Universal Electronics
Universal Electronics Trading Up 1.9%
Universal Electronics (NASDAQ:UEIC – Get Free Report) last posted its earnings results on Thursday, March 12th. The technology company reported $0.17 EPS for the quarter. Universal Electronics had a negative return on equity of 0.68% and a negative net margin of 5.64%.The business had revenue of $87.75 million during the quarter. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS. Equities research analysts anticipate that Universal Electronics will post 0.17 EPS for the current year.
Institutional Investors Weigh In On Universal Electronics
A number of large investors have recently added to or reduced their stakes in UEIC. NewEdge Advisors LLC purchased a new position in Universal Electronics in the third quarter worth about $64,000. Quadrature Capital Ltd increased its holdings in Universal Electronics by 47.6% during the fourth quarter. Quadrature Capital Ltd now owns 24,957 shares of the technology company’s stock valued at $90,000 after buying an additional 8,044 shares during the last quarter. XTX Topco Ltd grew its position in shares of Universal Electronics by 41.5% during the 4th quarter. XTX Topco Ltd now owns 36,175 shares of the technology company’s stock valued at $131,000 after acquiring an additional 10,604 shares during the period. Prelude Capital Management LLC increased its stake in shares of Universal Electronics by 88.7% in the 3rd quarter. Prelude Capital Management LLC now owns 29,161 shares of the technology company’s stock worth $136,000 after purchasing an additional 13,705 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Universal Electronics by 13.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 51,272 shares of the technology company’s stock worth $185,000 after buying an additional 5,932 shares during the period. 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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