Universal Electronics Inc (NASDAQ: UEIC) has reported E.P.S. of $0.19 for its third fiscal quarter (ending September 30) versus $0.07 for the same period a year ago — an increase of 171%. However, this performance was $-0.68 short of the consensus estimate of $0.87. E.P.S. were $-1.05 for the latest four quarters through September 30 versus $0.46 for the same period a year ago — a decline of -328%.
Recent Price Action
Universal Electronics Inc (NASDAQ: UEIC) stock enjoyed a large increase of 3.0% on 11/7/19. The stock closed at $54.93. This advance was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, UEIC is expected to continue to be a major Value Builder.
UEIC has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. UEIC has a slightly positive Appreciation Score of 63 and a very high Power Rating of 94, resulting in the Highest Value Trend Rating.
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.