Sidoti Csr Has Optimistic View of UEIC FY2026 Earnings

Universal Electronics Inc. (NASDAQ:UEIC) – Stock analysts at Sidoti Csr upped their FY2026 EPS estimates for shares of Universal Electronics in a report issued on Monday, December 9th. Sidoti Csr analyst G. Burns now forecasts that the technology company will post earnings per share of $0.78 for the year, up from their prior estimate of $0.65. The consensus estimate for Universal Electronics’ current full-year earnings is ($0.44) per share.

Several other equities analysts also recently commented on UEIC. B. Riley raised Universal Electronics from a “neutral” rating to a “buy” rating and upped their target price for the company from $11.00 to $14.00 in a research report on Monday, November 11th. StockNews.com raised Universal Electronics from a “buy” rating to a “strong-buy” rating in a report on Thursday. Finally, Rosenblatt Securities upgraded Universal Electronics from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Friday, November 8th.

Universal Electronics Stock Performance

Shares of UEIC opened at $11.50 on Wednesday. The firm has a market cap of $149.82 million, a P/E ratio of -5.61 and a beta of 1.20. Universal Electronics has a 52 week low of $7.20 and a 52 week high of $14.20. The firm’s 50-day simple moving average is $9.87 and its 200 day simple moving average is $10.22.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Acadian Asset Management LLC boosted its position in shares of Universal Electronics by 9.1% during the 2nd quarter. Acadian Asset Management LLC now owns 499,940 shares of the technology company’s stock worth $5,804,000 after acquiring an additional 41,795 shares in the last quarter. American Century Companies Inc. lifted its stake in Universal Electronics by 24.8% during the second quarter. American Century Companies Inc. now owns 165,845 shares of the technology company’s stock worth $1,927,000 after purchasing an additional 32,911 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Universal Electronics by 18.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 140,077 shares of the technology company’s stock valued at $1,628,000 after purchasing an additional 21,337 shares in the last quarter. Sei Investments Co. bought a new position in shares of Universal Electronics in the 2nd quarter valued at $212,000. Finally, Jane Street Group LLC bought a new position in shares of Universal Electronics in the 3rd quarter valued at $163,000. Institutional investors own 79.35% of the company’s stock.

Insider Buying and Selling at Universal Electronics

In other news, CEO Paul D. Arling sold 13,185 shares of Universal Electronics 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 sale, the chief executive officer now directly owns 283,615 shares in the company, valued at approximately $3,326,803.95. The trade was a 4.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward K. Zinser sold 2,500 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $10.68, for a total value of $26,700.00. Following the sale, the director now directly owns 38,062 shares in the company, valued at $406,502.16. This represents a 6.16 % decrease in their position. The disclosure for this sale can be found here. Insiders own 9.37% of the company’s stock.

Universal Electronics Company Profile

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.