Alert: Negative Investment/Fundamental Signals (2/26/24)-Universal Electronics Inc (NASDAQ: UEIC)

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Universal Electronics Inc (NASDAQ: UEIC) has recently experienced extremely important negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

Universal Electronics Inc (NASDAQ: UEIC) suffers from meaningful negative changes in investment behavior: its longer term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, UEIC is expected to continue to be a Value Builder.

Universal Electronics has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Universal Electronics has a neutral Appreciation Score of 50 but a poor Power Rating of 17, triggering the Negative Value Trend Rating.

Recent Price Action

Universal Electronics Inc (NASDAQ: UEIC) stock enjoyed a large increase of 4.7% on 2/26/24. The stock closed at $8.86. However, this advance was accompanied by unusually low trading volume at 55% of normal. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.

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