Universal Electronics (NASDAQ:UEIC – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. 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 -.
Universal Electronics Stock Down 2.6%
UEIC stock opened at $4.12 on Wednesday. The stock has a market capitalization of $51.97 million, a P/E ratio of -2.75 and a beta of 1.23. The firm has a 50-day simple moving average of $4.16 and a 200-day simple moving average of $3.80. Universal Electronics has a 52 week low of $2.69 and a 52 week high of $7.50.
Universal Electronics (NASDAQ:UEIC – Get Free Report) last released 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 for the quarter, compared to analysts’ expectations of $73.86 million. Universal Electronics had a positive return on equity of 0.40% and a negative net margin of 5.54%.Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.
Analyst Ratings Changes
Check Out Our Latest Report on Universal Electronics
Hedge Funds Weigh In On Universal Electronics
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Man Group plc raised its stake in shares of Universal Electronics by 2.9% in the 4th quarter. Man Group plc now owns 102,924 shares of the technology company’s stock valued at $372,000 after acquiring an additional 2,905 shares during the period. Empowered Funds LLC raised its stake in shares of Universal Electronics by 8.4% in the 1st quarter. Empowered Funds LLC now owns 48,816 shares of the technology company’s stock valued at $299,000 after acquiring an additional 3,802 shares during the period. Bridgeway Capital Management LLC increased its stake in Universal Electronics by 3.3% during the 2nd quarter. Bridgeway Capital Management LLC now owns 131,164 shares of the technology company’s stock worth $868,000 after buying an additional 4,143 shares during the period. Goldman Sachs Group Inc. increased its stake in Universal Electronics by 15.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,341 shares of the technology company’s stock worth $222,000 after buying an additional 4,893 shares during the period. Finally, State Street Corp increased its stake in Universal Electronics by 9.7% during the 4th quarter. State Street Corp now owns 56,520 shares of the technology company’s stock worth $204,000 after buying an additional 5,000 shares during the period. 79.35% of the stock is currently owned by institutional investors and hedge funds.
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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