Q1 EPS Estimate for uCloudlink Group Decreased by Analyst

uCloudlink Group Inc. (NASDAQ:UCL) – Equities researchers at Litchfield Hills Research reduced their Q1 2025 earnings estimates for shares of uCloudlink Group in a research note issued on Wednesday, March 19th. Litchfield Hills Research analyst T. O’neill now expects that the company will post earnings of ($0.04) per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for uCloudlink Group’s current full-year earnings is $0.10 per share. Litchfield Hills Research also issued estimates for uCloudlink Group’s FY2025 earnings at ($0.06) EPS.

uCloudlink Group (NASDAQ:UCL) last posted its earnings results on Thursday, March 13th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.02. uCloudlink Group had a return on equity of 22.48% and a net margin of 4.84%. The firm had revenue of $25.96 million for the quarter, compared to analyst estimates of $25.15 million.

uCloudlink Group Price Performance

Shares of NASDAQ UCL opened at $1.28 on Monday. The firm’s 50 day simple moving average is $1.31 and its 200-day simple moving average is $1.35. uCloudlink Group has a 12 month low of $0.97 and a 12 month high of $3.30. The stock has a market capitalization of $47.93 million, a price-to-earnings ratio of 11.64 and a beta of 4.13.

Hedge Funds Weigh In On uCloudlink Group

Several institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC grew its holdings in uCloudlink Group by 77.3% in the fourth quarter. Renaissance Technologies LLC now owns 54,805 shares of the company’s stock valued at $115,000 after purchasing an additional 23,900 shares during the period. Two Sigma Securities LLC purchased a new position in shares of uCloudlink Group during the 4th quarter valued at approximately $38,000. Finally, XTX Topco Ltd acquired a new stake in uCloudlink Group in the 4th quarter valued at $26,000. Hedge funds and other institutional investors own 85.54% of the company’s stock.

About uCloudlink Group

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.