UEIC - Universal Electronics Inc Stock Price, Fair Value and News

13.89USD+0.89 (+6.85%)Delayed as of 08 May 2024, 02:02 pm ET

Market Summary

USD13.89+0.89

Delayedas of 08 May 2024, 02:02 pm

6.85%

UEIC Stock Price

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UEIC RSI Chart

UEIC Valuation

Market Cap

167.6M

Price/Earnings (Trailing)

-3.68

Price/Sales (Trailing)

0.41

EV/EBITDA

-13.3

Price/Free Cashflow

9.19

UEIC Price/Sales (Trailing)

UEIC Profitability

EBT Margin

-9.77%

Return on Equity

-26.83%

Return on Assets

-14.1%

Free Cashflow Yield

10.88%

UEIC Fundamentals

UEIC Revenue

Revenue (TTM)

404.0M

Rev. Growth (Yr)

-15.2%

Rev. Growth (Qtr)

-5.83%

UEIC Earnings

Earnings (TTM)

-45.5M

Earnings Growth (Yr)

85.91%

Earnings Growth (Qtr)

-21.78%

Breaking Down UEIC Revenue

52 Week Range

13.89

(Low)(High)

Last 7 days

15.2%

Last 30 days

28.7%

Last 90 days

55.1%

Trailing 12 Months

47.6%

How does UEIC drawdown profile look like?

UEIC Financial Health

Current Ratio

1.66

UEIC Investor Care

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

-3.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	404.0M	0	0	0
2023	518.7M	487.0M	445.6M	420.5M
2022	583.5M	572.1M	564.9M	542.8M
2021	613.4M	610.8M	612.9M	601.6M
2020	721.1M	680.3M	633.1M	614.7M
2019	699.7M	731.1M	749.1M	753.5M
2018	699.1M	684.0M	691.1M	680.2M
2017	662.1M	668.7M	675.2M	695.8M
2016	620.8M	644.2M	652.9M	651.4M
2015	565.2M	566.4M	579.1M	602.8M
2014	544.5M	554.7M	560.1M	562.3M
2013	474.1M	493.5M	511.0M	529.4M
2012	466.6M	461.6M	463.0M	463.1M
2011	366.1M	409.0M	453.5M	468.6M
2010	0	322.3M	327.0M	331.8M
2009	0	0	0	317.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Universal Electronics Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	hamilton sue ann	acquired	-	-	1,250	-
Apr 01, 2024	singer eric	acquired	-	-	1,250	-
Apr 01, 2024	chahil satjiv s	acquired	-	-	1,250	-
Apr 01, 2024	pontual romulo	acquired	-	-	1,250	-
Apr 01, 2024	mulligan william c	acquired	-	-	1,250	-
Apr 01, 2024	zinser edward k	acquired	-	-	1,250	-
Feb 25, 2024	chong david cheung hyen	acquired	-	-	976	evp global sales
Feb 25, 2024	carnifax richard k	acquired	-	-	836	s.v.p. global operations
Feb 25, 2024	carnifax richard k	sold (taxes)	-3,317	8.42	-394	s.v.p. global operations
Feb 25, 2024	chong david cheung hyen	sold (taxes)	-3,873	8.42	-460	evp global sales

Which funds bought or sold UEIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Empowered Funds, LLC	added	7.96	49,825	379,940	0.01%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-9,390	-	-%
May 06, 2024	Investors Research Corp	unchanged	-	310	5,005	-%
May 06, 2024	Marquette Asset Management, LLC	new	-	158,579	158,579	0.03%
May 03, 2024	Wellington Shields Capital Management, LLC	reduced	-86.56	-101,795	17,017	-%
May 03, 2024	GSA CAPITAL PARTNERS LLP	reduced	-19.87	-204,000	1,194,000	0.10%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	reduced	-2.65	20,015	550,550	-%
May 03, 2024	HOWLAND CAPITAL MANAGEMENT LLC	added	56.55	132,165	329,750	0.02%
May 03, 2024	Wellington Shields & Co., LLC	unchanged	-	4,526	73,073	0.02%
May 01, 2024	BNP PARIBAS FINANCIAL MARKETS	reduced	-6.3	-11.00	9,670	-%

Are Funds Buying or Selling UEIC?

Are funds buying UEIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UEIC

No. of Funds

Unveiling Universal Electronics Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	manulife financial corp	0.00%	-	SC 13G/A
Feb 13, 2024	vanguard group inc	4.22%	547,169	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	2.9%	379,051	SC 13G/A
Dec 22, 2023	toro 18 holdings llc	11.9%	1,544,647	SC 13D/A
Dec 08, 2023	toro 18 holdings llc	11.9%	1,544,647	SC 13D/A
Nov 08, 2023	toro 18 holdings llc	10.9%	1,412,709	SC 13D/A
Sep 14, 2023	toro 18 holdings llc	9.9%	1,277,962	SC 13D/A
Jul 07, 2023	blackrock inc.	2.4%	308,278	SC 13G/A
Jul 03, 2023	toro 18 holdings llc	8.7%	1,123,986	SC 13D
May 08, 2023	eagle asset management inc	1.20%	153,734	SC 13G/A

Recent SEC filings of Universal Electronics Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 25, 2024	DEF 14A	DEF 14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 14, 2024	10-K	Annual Report

Peers (Alternatives to Universal Electronics Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.8T	381.6B	7.54%	5.11%	27.86	7.33	-0.90%	6.43%
APH	74.9B	12.8B	6.23%	65.48%	36.76	5.83	1.52%	6.35%
GLW	28.6B	12.4B	2.70%	6.20%	46.36	2.31	-9.51%	-33.28%
FTV	27.1B	6.1B	-8.59%	18.87%	30.14	4.42	3.71%	17.79%
FLEX	12.3B	29.4B	0.24%	39.85%	16.29	0.42	-1.12%	-8.06%
MID-CAP
CGNX	7.9B	847.2M	13.56%	-7.48%	79.08	9.3	-8.39%	-42.67%
ARW	6.8B	31.3B	-0.25%	7.84%	9.48	0.22	-14.93%	-46.67%
BMI	5.6B	740.8M	20.51%	39.19%	54.92	7.59	25.07%	42.99%
AVT	4.6B	24.7B	5.30%	23.61%	8.08	0.19	-6.09%	-33.76%
ESE	2.8B	968.8M	5.52%	13.28%	30.28	2.91	9.35%	8.73%
SMALL-CAP
CNXN	1.6B	2.8B	-4.93%	60.32%	20.06	0.6	-10.09%	0.74%
BHE	1.4B	2.8B	30.69%	87.76%	21.39	0.5	-4.25%	-5.27%
GPRO	278.0M	986.2M	-9.80%	-57.11%	-0.77	0.28	-6.21%	-5303.34%
AEY	32.0M	56.7M	-14.40%	28.92%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.7M	26.4M	-1.11%	-35.97%	33.46	0.97	-2.48%	-64.63%

Universal Electronics Inc News

Latest updates

Universal Electronics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.8%	92.00	98.00	107	107	108	123	148	139	132	145	156	150	151	156	154	153	152	175	201	194	184
Gross Profit	-6.6%	26.00	28.00	20.00	25.00	25.00	32.00	44.00	39.00	36.00	36.00	46.00	45.00	46.00	51.00	44.00	38.00	43.00	50.00	46.00	34.00	40.00
S&GA Expenses	2.8%	24.00	23.00	23.00	25.00	27.00	26.00	25.00	25.00	29.00	32.00	30.00	28.00	30.00	30.00	26.00	24.00	27.00	31.00	32.00	31.00	31.00
R&D Expenses	15.4%	8.00	7.00	8.00	8.00	8.00	8.00	8.00	9.00	8.00	8.00	7.00	8.00	8.00	8.00	8.00	7.00	8.00	8.00	8.00	7.00	7.00
EBITDA Margin	82.3%	-0.03*	-0.15*	-0.14*	-0.07*	-0.04*	0.07*	0.07*	0.05*	0.06*	0.07*	0.10*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	-13.6%	1.00	2.00	2.00	2.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00
Income Taxes	-72.4%	1.00	3.00	3.00	-0.50	1.00	3.00	4.00	2.00	2.00	3.00	3.00	3.00	2.00	0.00	2.00	2.00	1.00	3.00	3.00	0.00	1.00
Earnings Before Taxes	-75.4%	-7.91	-4.51	-16.10	-10.93	-60.71	-3.50	11.00	5.00	-0.50	-3.81	2.00	9.00	9.00	12.00	8.00	16.00	7.00	10.00	5.00	-4.84	-0.01
EBT Margin	55.5%	-0.10*	-0.22*	-0.20*	-0.13*	-0.09*	0.02*	0.02*	0.00*	0.01*	0.03*	0.05*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	-21.8%	-8.65	-7.10	-19.36	-10.41	-61.36	-6.90	7.00	3.00	-2.91	-6.33	-0.95	6.00	7.00	12.00	6.00	14.00	6.00	7.00	3.00	-5.06	-1.00
Net Income Margin	51.8%	-0.11*	-0.23*	-0.22*	-0.15*	-0.11*	0.00*	0.00*	-0.01*	-0.01*	0.01*	0.04*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	-207.4%	-4.12	4.00	6.00	13.00	-5.29	7.00	13.00	-2.81	-19.75	14.00	4.00	21.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-9.3%	323	356	378	392	417	504	514	516	525	510	514	521	511	510	509	526	534	564	565	578	582
Current Assets	-11.1%	230	259	282	281	302	338	350	349	351	337	341	344	332	327	330	351	356	379	381	389	391
Cash Equivalents	-37.0%	27.00	43.00	60.00	56.00	57.00	67.00	62.00	46.00	54.00	61.00	59.00	68.00	55.00	57.00	67.00	59.00	59.00	74.00	55.00	50.00	45.00
Inventory	-5.7%	83.00	88.00	93.00	106	123	140	136	147	139	134	124	121	118	120	116	135	142	145	138	149	150
Net PPE	-5.5%	42.00	45.00	47.00	58.00	62.00	63.00	65.00	68.00	71.00	75.00	79.00	82.00	85.00	87.00	85.00	83.00	85.00	91.00	91.00	94.00	94.00
Goodwill	-	-	-	-	-	-	49.00	49.00	49.00	49.00	48.00	49.00	49.00	49.00	49.00	49.00	48.00	48.00	48.00	48.00	48.00	48.00
Liabilities	-13.4%	153	177	197	192	206	236	246	251	255	234	218	214	200	197	212	240	264	290	304	317	317
Current Liabilities	-14.0%	139	161	183	174	188	216	229	233	236	217	205	197	185	180	194	222	246	266	278	290	289
Shareholder's Equity	-5.2%	170	179	182	200	211	268	268	265	270	276	295	307	311	313	297	286	270	274	262	261	265
Retained Earnings	-3.7%	224	232	240	259	269	331	338	330	327	330	337	338	332	325	313	307	292	286	279	277	282
Additional Paid-In Capital	0.7%	339	337	335	332	330	327	323	320	317	314	312	309	306	302	297	294	291	288	285	282	279
Shares Outstanding	0.4%	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	14.00	14.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	122	-	-	-	214	-	-	-	426	-	-	-	424	-	-	-	370	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-154.3%	-2,775	5,114	6,821	15,280	-2,025	10,823	17,187	885	-17,969	17,367	6,432	23,213	-6,729	29,565	39,340	12,834	-8,347	45,336	19,688	24,780	-4,547
Share Based Compensation	-3.6%	1,904	1,976	2,135	2,158	2,540	2,438	2,439	2,637	2,499	2,453	2,472	2,444	2,600	2,268	2,260	2,291	2,303	2,127	2,527	2,273	1,918
Cashflow From Investing	1.2%	-2,366	-2,394	-2,381	-4,271	-4,831	-5,555	1,274	-5,306	-11,621	-4,633	-4,295	-3,309	-4,804	-7,116	-6,831	-6,031	-3,756	-6,609	-6,006	-7,900	-3,453
Cashflow From Financing	51.0%	-10,230	-20,891	-33.00	-10,043	-3,812	-202	-86.00	-857	21,646	-11,800	-10,533	-9,733	10,040	-35,051	-26,417	-5,114	618	-20,150	-6,926	-11,689	-466
Buy Backs	38.0%	1,230	891	33.00	43.00	812	1,738	86.00	3,857	7,354	15,447	17,533	15,733	10,951	7,856	3,417	114	6,291	187	337	189	1,215

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UEIC Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 91,900	$ 108,377
Cost of sales	65,912	83,684
Gross profit	25,988	24,693
Research and development expenses	7,821	8,360
Factory restructuring charges	1,064	0
Selling, general and administrative expenses	24,011	26,782
Goodwill impairment	0	49,075
Operating income (loss)	(6,908)	(59,524)
Interest income (expense), net	(922)	(975)
Other income (expense), net	(80)	(214)
Income (loss) before provision for income taxes	(7,910)	(60,713)
Provision for income taxes	739	650
Net income (loss)	$ (8,649)	$ (61,363)
Earnings (loss) per share:
Basic (in dollars per share)	$ (0.67)	$ (4.81)
Diluted (in dollars per share)	$ (0.67)	$ (4.81)
Shares used in computing earnings (loss) per share:
Basic (in shares)	12,902	12,749
Diluted (in shares)	12,902	12,749

UEIC Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 26,914	$ 42,751
Accounts receivable, net	99,481	112,596
Contract assets	5,664	4,240
Inventories	83,236	88,273
Prepaid expenses and other current assets (Note 12)	11,755	7,325
Income tax receivable	3,180	3,666
Total current assets	230,230	258,851
Property, plant and equipment, net	42,144	44,619
Intangible assets, net	25,132	25,349
Operating lease right-of-use assets	17,239	18,693
Deferred income taxes	6,727	6,787
Other assets	1,469	1,573
Total assets	322,941	355,872
Current liabilities:
Accounts payable	49,756	57,033
Line of credit	46,000	55,000
Accrued compensation	18,389	20,305
Accrued sales discounts, rebates and royalties	4,018	5,796
Accrued income taxes	774	1,833
Other accrued liabilities	19,729	21,181
Total current liabilities	138,666	161,148
Long-term liabilities:
Operating lease obligations	11,477	12,560
Deferred income taxes	1,984	1,992
Income tax payable	434	435
Other long-term liabilities	725	817
Total liabilities	153,286	176,952
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value, 50,000,000 shares authorized; 25,508,370 and 25,346,383 shares issued on March 31, 2024 and December 31, 2023, respectively	255	253
Paid-in capital	339,141	336,938
Treasury stock, at cost, 12,599,981 and 12,459,845 shares on March 31, 2024 and December 31, 2023, respectively	(371,203)	(369,973)
Accumulated other comprehensive income (loss)	(22,349)	(20,758)
Retained earnings	223,811	232,460
Total stockholders' equity	169,655	178,920
Total liabilities and stockholders' equity	$ 322,941	$ 355,872

About Universal Electronics Inc

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) 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 offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas. The company also serves through a network of national and regional distributors and dealers. It sells its products in the United States, the People's Republic of China, Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

CEO	Mr. Paul D. Arling
WEBSITE	uei.com
INDUSTRY	Consumer Electronics
EMPLOYEES	4658

Universal Electronics Inc Frequently Asked Questions

What is the ticker symbol for Universal Electronics Inc? What does UEIC stand for in stocks?

UEIC is the stock ticker symbol of Universal Electronics Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Universal Electronics Inc (UEIC)?

As of Tue May 07 2024, market cap of Universal Electronics Inc is 167.58 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UEIC stock?

You can check UEIC's fair value in chart for subscribers.

What is the fair value of UEIC stock?

You can check UEIC's fair value in chart for subscribers. The fair value of Universal Electronics Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Universal Electronics Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UEIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Universal Electronics Inc a good stock to buy?

The fair value guage provides a quick view whether UEIC is over valued or under valued. Whether Universal Electronics Inc is cheap or expensive depends on the assumptions which impact Universal Electronics Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UEIC.

What is Universal Electronics Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, UEIC's PE ratio (Price to Earnings) is -3.68 and Price to Sales (PS) ratio is 0.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UEIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Universal Electronics Inc's stock?

In the past 10 years, Universal Electronics Inc has provided -0.107 (multiply by 100 for percentage) rate of return.