What is Sidoti Csr’s Estimate for UEIC FY2026 Earnings?

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

A number of other equities analysts also recently commented on the company. Rosenblatt Securities upgraded Universal Electronics from a “neutral” rating to a “buy” rating and set a $15.00 target price for the company in a research note on Friday, November 8th. StockNews.com upgraded Universal Electronics from a “hold” rating to a “buy” rating in a research report on Thursday, September 19th. Finally, B. Riley upgraded Universal Electronics from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $11.00 to $14.00 in a research note on Monday, November 11th.

Universal Electronics Stock Down 0.4 %

Shares of NASDAQ:UEIC opened at $11.91 on Wednesday. The company has a market cap of $155.19 million, a PE ratio of -5.81 and a beta of 1.20. Universal Electronics has a fifty-two week low of $7.17 and a fifty-two week high of $14.20. The firm has a 50-day simple moving average of $9.74 and a 200 day simple moving average of $10.20.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UEIC. Bank of New York Mellon Corp acquired a new position in shares of Universal Electronics during the second quarter valued at approximately $122,000. Jane Street Group LLC bought a new position in Universal Electronics during the 3rd quarter valued at $163,000. Barclays PLC increased its position in shares of Universal Electronics by 33.5% during the 3rd quarter. Barclays PLC now owns 21,943 shares of the technology company’s stock valued at $202,000 after purchasing an additional 5,512 shares during the period. Sei Investments Co. bought a new stake in shares of Universal Electronics in the 2nd quarter worth $212,000. Finally, Empowered Funds LLC lifted its holdings in shares of 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 buying an additional 2,144 shares during the period. 79.35% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Universal Electronics news, Director Edward K. Zinser sold 2,500 shares of Universal Electronics 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 sale, the director now owns 38,062 shares of the company’s stock, valued at $406,502.16. The trade was a 6.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.37% of the stock is owned by insiders.

About Universal Electronics

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.