Universal Electronics (UEIC) Receives Daily News Sentiment Score of 0.09

Media headlines about Universal Electronics (NASDAQ:UEIC) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Universal Electronics earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.1094858424475 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

A number of research analysts have recently issued reports on the company. B. Riley reissued a “buy” rating and issued a $77.25 price objective on shares of Universal Electronics in a research note on Thursday, August 10th. Zacks Investment Research raised Universal Electronics from a “hold” rating to a “strong-buy” rating and set a $73.00 price objective on the stock in a research note on Tuesday, October 3rd. BidaskClub downgraded Universal Electronics from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, ValuEngine raised Universal Electronics from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $74.56.

Universal Electronics (UEIC) opened at 65.05 on Thursday. The company’s 50-day moving average price is $60.47 and its 200-day moving average price is $64.53. The firm has a market capitalization of $936.79 million, a P/E ratio of 60.18 and a beta of 1.62. Universal Electronics has a 1-year low of $52.90 and a 1-year high of $74.85.

Universal Electronics (NASDAQ:UEIC) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.78 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.78. Universal Electronics had a net margin of 2.37% and a return on equity of 11.97%. The business had revenue of $177.58 million during the quarter, compared to analyst estimates of $176.12 million. During the same period last year, the business posted $0.74 earnings per share. Universal Electronics’s quarterly revenue was up 3.9% compared to the same quarter last year. Equities research analysts expect that Universal Electronics will post $3.14 earnings per share for the current fiscal year.

In other Universal Electronics news, Director Gregory Stapleton sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $60.31, for a total value of $603,100.00. Following the completion of the sale, the director now directly owns 35,726 shares in the company, valued at $2,154,635.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William C. Mulligan acquired 5,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was bought at an average price of $55.91 per share, with a total value of $279,550.00. Following the completion of the acquisition, the director now directly owns 17,966 shares of the company’s stock, valued at $1,004,479.06. The disclosure for this purchase can be found here. Company insiders own 5.82% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Universal Electronics (UEIC) Receives Daily News Sentiment Score of 0.09” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/12/universal-electronics-ueic-receives-daily-news-sentiment-score-of-0-09.html.

Universal Electronics Company Profile

Universal

A number of research analysts have recently issued reports on the company. B. Riley reissued a “buy” rating and issued a $77.25 price objective on shares of Universal Electronics in a research note on Thursday, August 10th. Zacks Investment Research raised Universal Electronics from a “hold” rating to a “strong-buy” rating and set a $73.00 price objective on the stock in a research note on Tuesday, October 3rd. BidaskClub downgraded Universal Electronics from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, ValuEngine raised Universal Electronics from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $74.56.

Universal Electronics (UEIC) opened at 65.05 on Thursday. The company’s 50-day moving average price is $60.47 and its 200-day moving average price is $64.53. The firm has a market capitalization of $936.79 million, a P/E ratio of 60.18 and a beta of 1.62. Universal Electronics has a 1-year low of $52.90 and a 1-year high of $74.85.

Universal Electronics (NASDAQ:UEIC) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.78 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.78. Universal Electronics had a net margin of 2.37% and a return on equity of 11.97%. The business had revenue of $177.58 million during the quarter, compared to analyst estimates of $176.12 million. During the same period last year, the business posted $0.74 earnings per share. Universal Electronics’s quarterly revenue was up 3.9% compared to the same quarter last year. Equities research analysts expect that Universal Electronics will post $3.14 earnings per share for the current fiscal year.

In other Universal Electronics news, Director Gregory Stapleton sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $60.31, for a total value of $603,100.00. Following the completion of the sale, the director now directly owns 35,726 shares in the company, valued at $2,154,635.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William C. Mulligan acquired 5,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was bought at an average price of $55.91 per share, with a total value of $279,550.00. Following the completion of the acquisition, the director now directly owns 17,966 shares of the company’s stock, valued at $1,004,479.06. The disclosure for this purchase can be found here. Company insiders own 5.82% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Universal Electronics (UEIC) Receives Daily News Sentiment Score of 0.09” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/12/universal-electronics-ueic-receives-daily-news-sentiment-score-of-0-09.html.

Universal Electronics Company Profile

Universal Electronics Inc (UEI) develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video (AV) accessories, and intelligent wireless security and automation components. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold primarily to subscription broadcasting providers, original equipment manufacturers (OEMs), retailers, and private label customers, and integrated circuits, on which its software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers.

Insider Buying and Selling by Quarter for Universal Electronics (NASDAQ:UEIC)

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