Universal Electronics Stock Today
| UEIC Stock | USD 10.18 0.21 2.11% |
Performance8 of 100
| Odds Of DistressLess than 11
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Universal Electronics is trading at 10.18 as of the 16th of April 2024, a 2.11% increase since the beginning of the trading day. The stock's open price was 9.97. Universal Electronics has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Universal Electronics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of January 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 12th of February 1993 | Category Technology | Classification Consumer Discretionary |
Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company has 12.97 M outstanding shares of which 108.3 K shares are at this time shorted by private and institutional investors with about 2.52 trading days to cover. More on Universal Electronics
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Universal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Universal Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Universal Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman and CEO | Paul Arling | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Recreation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Electronics, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Recreation, Consumer Discretionary, Household Durables, Consumer Electronics, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Universal Electronics report their recommendations after researching Universal Electronics' financial statements, talking to executives and customers, or listening in on Universal Electronics' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Universal Electronics. The Universal consensus assessment is calculated by taking the average forecast from all of the analysts covering Universal Electronics. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Universal Electronics' liquidity, profitability, solvency, and operating efficiency, Universal Electronics is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Universal Electronics is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Universal Electronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Universal Electronics' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Universal Electronics' financial leverage. It provides some insight into what part of Universal Electronics' total assets is financed by creditors.
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Universal Electronics (UEIC) is traded on NASDAQ Exchange in USA. It is located in Scottsdale Quarter, Scottsdale, AZ, United States, 85254-2494 and employs 4,177 people. Universal Electronics is listed under Consumer Electronics category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 132.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Universal Electronics's market, we take the total number of its shares issued and multiply it by Universal Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Universal Electronics conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 12.97 M outstanding shares of which 108.3 K shares are at this time shorted by private and institutional investors with about 2.52 trading days to cover.
Universal Electronics currently holds about 53.95 M in cash with 25.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.26.
Check Universal Electronics Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Universal Electronics is $132.01 Million. Over half of Universal Electronics' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Universal Electronics. Please watch out for any change in the institutional holdings of Universal Electronics as this could mean something significant has changed or is about to change at the company. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Universal Ownership Details
Universal Stock Price Odds Analysis
What are Universal Electronics' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Universal Electronics jumping above the current price in 90 days from now is about 7.54%. The Universal Electronics probability density function shows the probability of Universal Electronics stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0053. This usually implies Universal Electronics market returns are highly-sensitive to returns on the market. As the market goes up or down, Universal Electronics is expected to follow. Additionally, universal Electronics has an alpha of 0.2282, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Universal Electronics to move above the current price in 90 days from now is about 7.54 (This Universal Electronics probability density function shows the probability of Universal Stock to fall within a particular range of prices over 90 days) .
Universal Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Universal Electronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Electronics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Universal Electronics' value.| Instituion | Recorded On | Shares | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 240 K | |
| D. E. Shaw & Co Lp | 2023-09-30 | 219 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 196.1 K | |
| Renaissance Technologies Corp | 2023-12-31 | 190.2 K | |
| Assenagon Asset Management Sa | 2023-12-31 | 162.6 K | |
| Gsa Capital Partners Llp | 2023-12-31 | 148.8 K | |
| Geode Capital Management, Llc | 2023-12-31 | 133.5 K | |
| American Century Companies Inc | 2023-12-31 | 132.9 K | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 115.7 K | |
| Manufacturers Life Insurance Co | 2023-12-31 | 705.2 K | |
| Ameriprise Financial Inc | 2023-12-31 | 586.7 K |
Universal Electronics Historical Income Statement
Universal Electronics Income Statement is one of the three primary financial statements used for reporting Universal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Universal Electronics revenue and expense. Universal Electronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Universal Electronics' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 7.5 M, whereas Depreciation And Amortization is forecasted to decline to about 13 M. View More FundamentalsUniversal Stock Against Markets
Picking the right benchmark for Universal Electronics stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Universal Electronics stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Universal Electronics is critical whether you are bullish or bearish towards Universal Electronics at a given time. Please also check how Universal Electronics' historical prices are related to one of the top price index indicators.
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Universal Electronics Corporate Directors
Universal Electronics corporate directors refer to members of an Universal Electronics board of directors. The board of directors generally takes responsibility for the Universal Electronics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Universal Electronics' board members must vote for the resolution. The Universal Electronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Satjiv Chahil | Independent Director | Profile | |
| J Sparkman | Independent Director | Profile | |
| William Mulligan | Independent Director | Profile | |
| Gregory Stapleton | Independent Director | Profile |
How to buy Universal Stock?
Before investing in Universal Electronics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Universal Electronics. To buy Universal Electronics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Universal Electronics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Universal Electronics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Universal Electronics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Universal Electronics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Universal Electronics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Universal Stock please use our How to Invest in Universal Electronics guide.
Already Invested in Universal Electronics?
The danger of trading Universal Electronics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Universal Electronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Universal Electronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Universal Electronics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Universal Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Universal Stock analysis
When running Universal Electronics' price analysis, check to measure Universal Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Universal Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Electronics. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Earnings Share (7.64) | Revenue Per Share 32.708 | Quarterly Revenue Growth (0.20) | Return On Assets (0.04) |
The market value of Universal Electronics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.