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

Universal Electronics (NASDAQ:UEIC) posted its quarterly earnings results 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 net margin of 6.96% and a negative return on equity of 8.61%. Universal Electronics updated its Q1 2025 guidance to -0.210–0.110 EPS.

Universal Electronics Price Performance

UEIC opened at $9.22 on Friday. The company has a market capitalization of $120.14 million, a price-to-earnings ratio of -4.50, a P/E/G ratio of 3.78 and a beta of 1.19. The firm’s fifty day moving average price is $10.36 and its two-hundred day moving average price is $9.79. Universal Electronics has a 1 year low of $7.53 and a 1 year high of $14.20.

Analyst Upgrades and Downgrades

UEIC has been the subject of several research reports. Rosenblatt Securities reissued a “buy” rating and issued a $15.00 price target on shares of Universal Electronics in a research report on Friday. StockNews.com downgraded shares of Universal Electronics from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Finally, B. Riley raised shares of Universal Electronics from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $11.00 to $14.00 in a report on Monday, November 11th.

Insiders Place Their Bets

In other news, CEO Paul D. Arling sold 13,185 shares of Universal Electronics stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $11.73, for a total transaction of $154,660.05. Following the sale, the chief executive officer now directly owns 283,615 shares in the company, valued at $3,326,803.95. The trade was a 4.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.