Analyst Ratings for Universal Electronics Inc. (UEIC)Updated: 2017-07-27
Analysts covering Universal Electronics Inc. (NASDAQ:UEIC) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for UEIC last month.
4 analysts declared UEIC a buy, 0 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for UEIC. The highest price target was 95, which equates to a potential upside of 37.28 percent. The most pessimistic analyst gave a price target of 71, implying a possible loss of 2.6 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -36.87 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -31.67 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of UEIC to grow at a rate of 25.28 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. UEIC has a PEG ratio of 2.26.
UEIC has traded between a high of 80.42 and a low of 52.90 over the past year. Today's price is 30.81 percent above the 52-week low, and 13.95 percent lower than its 52-week high. UEIC has a price/earnings ratio of 57.19. Investors typically compare the P/E ratio to a company's peers in the industry. The UEIC value stock report compares UEIC to some of its peers using value stock charts. The market cap of UEIC is $1.02 billion. UEIC's next earnings release will be on 0000-00-00, which is days away.