Q1 EPS Estimates for UCL Cut by Litchfield Hills Research

uCloudlink Group Inc. (NASDAQ:UCL) – Research analysts at Litchfield Hills Research dropped their Q1 2025 earnings estimates for shares of uCloudlink Group in a research report issued on Wednesday, March 19th. Litchfield Hills Research analyst T. O’neill now anticipates that the company will earn ($0.04) per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for uCloudlink Group’s current full-year earnings is $0.10 per share. Litchfield Hills Research also issued estimates for uCloudlink Group’s FY2025 earnings at ($0.06) EPS.

uCloudlink Group Trading Up 3.9 %

UCL opened at $1.33 on Monday. The company’s 50 day moving average is $1.31 and its 200 day moving average is $1.36. The company has a market cap of $49.81 million, a price-to-earnings ratio of 12.09 and a beta of 4.13. uCloudlink Group has a 12-month low of $0.97 and a 12-month high of $3.30.

uCloudlink Group (NASDAQ:UCL) last posted its earnings results on Thursday, March 13th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. uCloudlink Group had a return on equity of 22.48% and a net margin of 4.84%. The company had revenue of $25.96 million for the quarter, compared to the consensus estimate of $25.15 million.

Institutional Trading of uCloudlink Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its stake in shares of uCloudlink Group by 77.3% during the 4th quarter. Renaissance Technologies LLC now owns 54,805 shares of the company’s stock valued at $115,000 after acquiring an additional 23,900 shares during the period. Two Sigma Securities LLC purchased a new position in uCloudlink Group during the fourth quarter valued at approximately $38,000. Finally, XTX Topco Ltd bought a new position in shares of uCloudlink Group in the fourth quarter worth approximately $26,000. Hedge funds and other institutional investors own 85.54% of the company’s stock.

About uCloudlink Group

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.