Notable negative changes in fundamentals have recently occurred for Universal Electronics Inc (NASDAQ: UEIC): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Universal Electronics Inc (NASDAQ: UEIC) has recently experienced meaningful negative changes in investment behavior: negative upside/downside volume developed.
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 (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Universal Electronics has a neutral Appreciation Score of 50 but a good Power Rating of 72, triggering the High Neutral Value Trend Rating.
Recent Price Action
On 9/3/24, Universal Electronics Inc (NASDAQ: UEIC) stock declined modestly by -1.3%, closing at $9.20. Trading volume in this decline was normal. The stock has risen 7.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
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