Universal Electronics (NASDAQ:UEIC – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.210–0.110 for the period, compared to the consensus estimate of -0.020. The company issued revenue guidance of $87.0 million-$97.0 million, compared to the consensus revenue estimate of $98.2 million.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on UEIC. Rosenblatt Securities upgraded shares of Universal Electronics from a “neutral” rating to a “buy” rating and set a $15.00 target price for the company 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 target price for the stock from $11.00 to $14.00 in a research note on Monday, November 11th. Finally, StockNews.com cut shares of Universal Electronics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday.
Read Our Latest Analysis on Universal Electronics
Universal Electronics Price Performance
Universal Electronics (NASDAQ:UEIC – Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The technology company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.04). Universal Electronics had a negative net margin of 6.96% and a negative return on equity of 8.61%. Equities research analysts predict that Universal Electronics will post -0.59 earnings per share for the current fiscal year.
Insider Transactions at Universal Electronics
In other news, CEO Paul D. Arling sold 13,185 shares of the company’s 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 transaction, the chief executive officer now directly owns 283,615 shares in the company, valued at approximately $3,326,803.95. This represents a 4.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company 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.
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