FY2026 Earnings Estimate for UEIC Issued By Sidoti Csr

Universal Electronics Inc. (NASDAQ:UEIC) – Analysts at Sidoti Csr boosted their FY2026 earnings per share (EPS) estimates for Universal Electronics in a research note issued on Monday, December 9th. Sidoti Csr analyst G. Burns now forecasts that the technology company will post earnings of $0.78 per share for the year, up from their prior forecast of $0.65. The consensus estimate for Universal Electronics’ current full-year earnings is ($0.44) per share.

A number of other analysts have also recently commented on UEIC. Rosenblatt Securities upgraded shares of Universal Electronics from a “neutral” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Friday, November 8th. StockNews.com raised Universal Electronics from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Finally, B. Riley raised Universal Electronics from a “neutral” rating to a “buy” rating and increased their target price for the stock from $11.00 to $14.00 in a research note on Monday, November 11th.

Universal Electronics Stock Performance

Shares of NASDAQ UEIC opened at $11.50 on Wednesday. The firm has a 50 day moving average price of $9.87 and a 200 day moving average price of $10.22. The stock has a market cap of $149.82 million, a P/E ratio of -5.61 and a beta of 1.20. Universal Electronics has a 52-week low of $7.20 and a 52-week high of $14.20.

Institutional Trading of Universal Electronics

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp bought a new position in Universal Electronics in the second quarter valued at approximately $122,000. Jane Street Group LLC bought a new position in shares of Universal Electronics in the third quarter valued at $163,000. Barclays PLC increased its holdings in Universal Electronics by 33.5% during the third quarter. Barclays PLC now owns 21,943 shares of the technology company’s stock worth $202,000 after buying an additional 5,512 shares during the last quarter. Sei Investments Co. bought a new stake in Universal Electronics during the second quarter worth $212,000. Finally, Empowered Funds LLC lifted its stake in Universal Electronics by 5.3% in the third quarter. Empowered Funds LLC now owns 42,980 shares of the technology company’s stock valued at $397,000 after acquiring an additional 2,144 shares during the last quarter. Institutional investors and hedge funds own 79.35% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Paul D. Arling sold 13,185 shares of the firm’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 transaction of $154,660.05. Following the completion of the transaction, the chief executive officer now directly owns 283,615 shares of the company’s stock, valued at $3,326,803.95. This trade represents a 4.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Edward K. Zinser sold 2,500 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $10.68, for a total transaction of $26,700.00. Following the completion of the sale, the director now directly owns 38,062 shares in the company, valued at approximately $406,502.16. This represents a 6.16 % decrease in their position. The disclosure for this sale can be found here. Corporate 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.