CUI Global, Inc. (CUI) Upgraded to Sell at ValuEngine

ValuEngine upgraded shares of CUI Global, Inc. (NASDAQ:CUI) from a strong sell rating to a sell rating in a research report sent to investors on Tuesday.

Several other research firms have also weighed in on CUI. Zacks Investment Research upgraded shares of CUI Global from a strong sell rating to a hold rating in a research report on Tuesday, July 11th. HC Wainwright restated a buy rating and set a $12.00 price objective on shares of CUI Global in a research report on Monday. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. CUI Global currently has a consensus rating of Hold and a consensus target price of $9.00.

CUI Global (CUI) opened at 3.81 on Tuesday. The firm’s market cap is $79.99 million. The firm’s 50-day moving average is $3.65 and its 200-day moving average is $3.78. CUI Global has a 12 month low of $3.01 and a 12 month high of $7.39.

CUI Global (NASDAQ:CUI) last announced its earnings results on Wednesday, August 9th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.05. CUI Global had a negative net margin of 10.29% and a negative return on equity of 16.61%. The firm had revenue of $22.50 million during the quarter, compared to analyst estimates of $19.96 million. During the same quarter in the prior year, the firm posted ($0.07) EPS. CUI Global’s revenue was down 2.6% compared to the same quarter last year. Equities analysts expect that CUI Global will post ($0.38) earnings per share for the current year.

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Hedge funds have recently bought and sold shares of the business. Marathon Capital Management lifted its stake in CUI Global by 2.6% during the second quarter. Marathon Capital Management now owns 1,610,792 shares of the industrial products company’s stock valued at $6,185,000 after buying an additional 40,550 shares in the last quarter. WealthTrust Axiom LLC lifted its stake in CUI Global by 10.5% during the second quarter. WealthTrust Axiom LLC now owns 514,594 shares of the industrial products company’s stock valued at $1,976,000 after buying an additional 48,832 shares in the last quarter. Royce & Associates LP lifted its stake in CUI Global by 54.6% during the second quarter. Royce & Associates LP now owns 948,607 shares of the industrial products company’s stock valued at $3,643,000 after buying an additional 335,182 shares in the last quarter. White Pine Capital LLC lifted its stake in CUI Global by 1.6% during the second quarter. White Pine Capital LLC now owns 267,278 shares of the industrial products company’s stock valued at $1,026,000 after buying an additional 4,300 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in CUI Global by 0.8% during the second quarter. Vanguard Group Inc. now owns 859,350 shares of the industrial products company’s stock valued at $3,300,000 after buying an additional 6,657 shares in the last quarter. 55.65% of the stock is owned by institutional investors.

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Several other research firms have also weighed in on CUI. Zacks Investment Research upgraded shares of CUI Global from a strong sell rating to a hold rating in a research report on Tuesday, July 11th. HC Wainwright restated a buy rating and set a $12.00 price objective on shares of CUI Global in a research report on Monday. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. CUI Global currently has a consensus rating of Hold and a consensus target price of $9.00.

CUI Global (CUI) opened at 3.81 on Tuesday. The firm’s market cap is $79.99 million. The firm’s 50-day moving average is $3.65 and its 200-day moving average is $3.78. CUI Global has a 12 month low of $3.01 and a 12 month high of $7.39.

CUI Global (NASDAQ:CUI) last announced its earnings results on Wednesday, August 9th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.05. CUI Global had a negative net margin of 10.29% and a negative return on equity of 16.61%. The firm had revenue of $22.50 million during the quarter, compared to analyst estimates of $19.96 million. During the same quarter in the prior year, the firm posted ($0.07) EPS. CUI Global’s revenue was down 2.6% compared to the same quarter last year. Equities analysts expect that CUI Global will post ($0.38) earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This news story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/11/cui-global-inc-cui-upgraded-to-sell-at-valuengine.html.

Hedge funds have recently bought and sold shares of the business. Marathon Capital Management lifted its stake in CUI Global by 2.6% during the second quarter. Marathon Capital Management now owns 1,610,792 shares of the industrial products company’s stock valued at $6,185,000 after buying an additional 40,550 shares in the last quarter. WealthTrust Axiom LLC lifted its stake in CUI Global by 10.5% during the second quarter. WealthTrust Axiom LLC now owns 514,594 shares of the industrial products company’s stock valued at $1,976,000 after buying an additional 48,832 shares in the last quarter. Royce & Associates LP lifted its stake in CUI Global by 54.6% during the second quarter. Royce & Associates LP now owns 948,607 shares of the industrial products company’s stock valued at $3,643,000 after buying an additional 335,182 shares in the last quarter. White Pine Capital LLC lifted its stake in CUI Global by 1.6% during the second quarter. White Pine Capital LLC now owns 267,278 shares of the industrial products company’s stock valued at $1,026,000 after buying an additional 4,300 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in CUI Global by 0.8% during the second quarter. Vanguard Group Inc. now owns 859,350 shares of the industrial products company’s stock valued at $3,300,000 after buying an additional 6,657 shares in the last quarter. 55.65% of the stock is owned by institutional investors.

About CUI Global

CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).

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