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Universal Electronics Inc is a consumer electronics business based in the US. Universal Electronics shares (UEIC) are listed on the NASDAQ and all prices are listed in US Dollars. Universal Electronics employs 4,347 staff and has a trailing 12-month revenue of around USD$633.1 million.
|Latest market close||USD$55.09|
|52-week range||USD$29.495 - USD$57.89|
|50-day moving average||USD$42.9903|
|200-day moving average||USD$43.4361|
|Wall St. target price||USD$64.67|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$2.335|
|1 week (2021-01-05)||4.40%|
|1 month (2020-12-11)||4.83%|
|3 months (2020-10-12)||38.04%|
|6 months (2020-07-11)||N/A|
|1 year (2020-01-11)||N/A|
|2 years (2019-01-11)||82.48%|
|3 years (2018-01-12)||13.47%|
|5 years (2016-01-12)||13.78%|
Valuing Universal Electronics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Universal Electronics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Universal Electronics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Universal Electronics shares trade at around 23x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Universal Electronics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.39. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Universal Electronics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Universal Electronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$67.6 million.
The EBITDA is a measure of a Universal Electronics's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$633.1 million|
|Operating margin TTM||5.77%|
|Gross profit TTM||USD$170.3 million|
|Return on assets TTM||4.25%|
|Return on equity TTM||11.98%|
|Market capitalisation||USD$739.5 million|
TTM: trailing 12 months
There are currently 228,595 Universal Electronics shares held short by investors – that's known as Universal Electronics's "short interest". This figure is 14.8% down from 268,266 last month.
There are a few different ways that this level of interest in shorting Universal Electronics shares can be evaluated.
Universal Electronics's "short interest ratio" (SIR) is the quantity of Universal Electronics shares currently shorted divided by the average quantity of Universal Electronics shares traded daily (recently around 62973.829201102). Universal Electronics's SIR currently stands at 3.63. In other words for every 100,000 Universal Electronics shares traded daily on the market, roughly 3630 shares are currently held short.
However Universal Electronics's short interest can also be evaluated against the total number of Universal Electronics shares, or, against the total number of tradable Universal Electronics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Universal Electronics's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Universal Electronics shares in existence, roughly 20 shares are currently held short) or 0.0257% of the tradable shares (for every 100,000 tradable Universal Electronics shares, roughly 26 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Universal Electronics.
Find out more about how you can short Universal Electronics stock.
We're not expecting Universal Electronics to pay a dividend over the next 12 months.
Universal Electronics's shares were split on a 2:1 basis on 1 February 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Universal Electronics shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Universal Electronics shares which in turn could have impacted Universal Electronics's share price.
Over the last 12 months, Universal Electronics's shares have ranged in value from as little as $29.495 up to $57.89. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Universal Electronics's is 1.0034. This would suggest that Universal Electronics's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Universal Electronics Inc. designs, develops, and manufactures pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for consumer electronics, subscription broadcasting, home entertainment, automation, security, and hospitality and climate control markets. The company offers universal infrared and radio frequency (RF) remote controls; integrated circuits on which its software and universal device control database is embedded; and software, firmware, and technology solutions that enable devices, including televisions, set-top boxes, audio systems, smartphones, tablets, game controllers, and other consumer electronic devices to wirelessly connect and interact with home networks, as well as interactive services to control and deliver digital entertainment and information. It also provides proprietary and standards-based RF sensors designed for residential security, safety, and automation applications; AV accessories; and wall-mount and handheld thermostat controllers, and connected accessories for intelligent energy management systems. In addition, the company licenses intellectual property comprising its patented technologies, and database of home connectivity software and control codes. It serves service providers, original equipment manufacturers, retailers, private label brands, and pro-security dealers and companies in the computing industry. The company sells its products under the One For All brand in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. Universal Electronics Inc. was founded in 1986 and is headquartered in Scottsdale, Arizona.
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