Universal Electronics (NASDAQ:UEIC) Releases Earnings Results, Misses Expectations By $0.04 EPS

Universal Electronics (NASDAQ:UEIC) announced its quarterly earnings data on Thursday. The technology company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.04), Zacks reports. Universal Electronics had a negative return on equity of 8.61% and a negative net margin of 6.96%. Universal Electronics updated its Q1 2025 guidance to -0.210–0.110 EPS.

Universal Electronics Stock Performance

UEIC traded down $0.43 on Thursday, reaching $9.22. The company had a trading volume of 73,853 shares, compared to its average volume of 57,062. Universal Electronics has a fifty-two week low of $7.53 and a fifty-two week high of $14.20. The stock has a market cap of $120.14 million, a P/E ratio of -4.50, a P/E/G ratio of 3.90 and a beta of 1.19. The company’s fifty day moving average is $10.40 and its 200 day moving average is $9.79.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Rosenblatt Securities raised Universal Electronics from a “neutral” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Friday, November 8th. B. Riley raised shares of Universal Electronics from a “neutral” rating to a “buy” rating and boosted their price target for the company from $11.00 to $14.00 in a report on Monday, November 11th. Finally, StockNews.com cut shares of Universal Electronics from a “strong-buy” rating to a “buy” rating in a research report on Tuesday.

Insiders Place Their Bets

In related news, CEO Paul D. Arling sold 13,185 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $11.73, for a total value of $154,660.05. Following the completion of the transaction, the chief executive officer now owns 283,615 shares of the company’s stock, valued at $3,326,803.95. This represents a 4.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 9.37% of the company’s stock.

About Universal Electronics

Universal Electronics Inc designs, develops, manufactures, ships, and supports control and sensor technology solutions in the United States, the People’s Republic of China, rest of Asia, Europe, Latin America, and internationally. The company offers voice-enabled automatically-programmed universal two-way radio frequency, as well as infrared remote controls to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems to OEM customers, hotels, hospitality, and system integrators; proprietary and standards-based RF sensors for residential security, safety, and home automation applications; and integrated circuits on which its software and universal device control database is embedded to OEMs, video service providers, and private label customers.