What is Zacks Research’s Forecast for Ubiquiti Q1 Earnings?

Ubiquiti Inc. (NYSE:UI) – Zacks Research boosted their Q1 2027 EPS estimates for shares of Ubiquiti in a research report issued on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $2.45 for the quarter, up from their previous estimate of $2.42. The consensus estimate for Ubiquiti’s current full-year earnings is $7.21 per share.

Other equities analysts have also issued reports about the stock. BWS Financial reaffirmed a “buy” rating and set a $440.00 target price on shares of Ubiquiti in a research report on Monday, February 10th. StockNews.com upgraded Ubiquiti from a “hold” rating to a “buy” rating in a report on Sunday, November 17th. Finally, Barclays lowered their target price on Ubiquiti from $236.00 to $222.00 and set an “underweight” rating for the company in a report on Monday, February 10th.

Ubiquiti Trading Up 5.1 %

UI stock opened at $319.31 on Friday. Ubiquiti has a 12 month low of $104.24 and a 12 month high of $469.98. The firm’s 50-day moving average is $363.00 and its 200 day moving average is $307.87. The company has a market capitalization of $19.32 billion, a PE ratio of 43.39 and a beta of 1.12. The company has a debt-to-equity ratio of 1.31, a current ratio of 2.22 and a quick ratio of 0.98.

Ubiquiti (NYSE:UI) last released its earnings results on Friday, February 14th. The company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.12. Ubiquiti had a return on equity of 296.82% and a net margin of 20.68%. During the same period last year, the business earned $1.36 EPS.

Ubiquiti Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 24th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.75%. Ubiquiti’s dividend payout ratio is presently 32.61%.

Insider Activity at Ubiquiti

In related news, CAO Kevin Radigan sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $347.99, for a total transaction of $347,990.00. Following the sale, the chief accounting officer now owns 2,484 shares of the company’s stock, valued at $864,407.16. This trade represents a 28.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 93.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Ubiquiti

Several hedge funds have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its stake in shares of Ubiquiti by 926.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 113,305 shares of the company’s stock worth $37,609,000 after acquiring an additional 102,268 shares in the last quarter. AQR Capital Management LLC grew its holdings in Ubiquiti by 100.1% in the fourth quarter. AQR Capital Management LLC now owns 99,199 shares of the company’s stock worth $32,927,000 after purchasing an additional 49,616 shares during the last quarter. Norges Bank acquired a new position in shares of Ubiquiti during the fourth quarter worth $16,166,000. Proficio Capital Partners LLC purchased a new stake in shares of Ubiquiti during the 4th quarter valued at $15,425,000. Finally, Zacks Investment Management acquired a new stake in shares of Ubiquiti in the 3rd quarter worth $8,892,000. 4.00% of the stock is owned by hedge funds and other institutional investors.

About Ubiquiti

Ubiquiti Inc develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products.