Universal Electronics Inc (NASDAQ: UEIC) has recently experienced significant negative changes in fundamentals. Negative developments: 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. Positive development: the stock’s power rating rose above 70.
Recent meaningful negative changes in investment behavior have impacted Universal Electronics Inc (NASDAQ: UEIC): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
UEIC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Universal Electronics has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Universal Electronics has a slightly negative Appreciation Score of 36 but a good Power Rating of 70, and the Neutral Value Trend Rating results.
Recent Price Action
On 6/7/24, Universal Electronics Inc (NASDAQ: UEIC) stock declined by -2.3%, closing at $11.72. Moreover, exceptionally high trading volume at 287% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.9% during the last week.
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