UEIC - Universal Electronics Inc Stock Price, Fair Value and News

9.80USD+0.06 (+0.62%)Market Closed

Market Summary

USD9.80+0.06

Market Closed

0.62%

UEIC Stock Price

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UEIC RSI Chart

UEIC Valuation

Market Cap

126.0M

Price/Earnings (Trailing)

-1.28

Price/Sales (Trailing)

0.3

EV/EBITDA

-1.34

Price/Free Cashflow

7.38

UEIC Price/Sales (Trailing)

UEIC Profitability

EBT Margin

-21.94%

Return on Equity

-54.91%

Return on Assets

-27.6%

Free Cashflow Yield

13.55%

UEIC Fundamentals

UEIC Revenue

Revenue (TTM)

420.5M

Rev. Growth (Yr)

-20.5%

Rev. Growth (Qtr)

-8.87%

UEIC Earnings

Earnings (TTM)

-98.2M

Earnings Growth (Yr)

-2.85%

Earnings Growth (Qtr)

63.32%

Breaking Down UEIC Revenue

Last 7 days

-6.2%

Last 30 days

-4.3%

Last 90 days

5.5%

Trailing 12 Months

-4.1%

How does UEIC drawdown profile look like?

UEIC Financial Health

Current Ratio

1.61

UEIC Investor Care

Shares Dilution (1Y)

1.46%

Diluted EPS (TTM)

-7.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	518.7M	487.0M	445.6M	420.5M
2022	583.5M	572.1M	564.9M	542.8M
2021	613.4M	610.8M	612.9M	601.6M
2020	721.1M	680.3M	633.1M	614.7M
2019	699.7M	731.1M	749.1M	753.5M
2018	699.1M	684.0M	691.1M	680.2M
2017	662.1M	668.7M	675.2M	695.8M
2016	620.8M	644.2M	652.9M	651.4M
2015	565.2M	566.4M	579.1M	602.8M
2014	544.5M	554.7M	560.1M	562.3M
2013	474.1M	493.5M	511.0M	529.4M
2012	466.6M	461.6M	463.0M	463.1M
2011	366.1M	409.0M	453.5M	468.6M
2010	0	322.3M	327.0M	331.8M
2009	0	0	0	317.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Universal Electronics Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	hamilton sue ann	acquired	-	-	1,250	-
Apr 01, 2024	singer eric	acquired	-	-	1,250	-
Apr 01, 2024	chahil satjiv s	acquired	-	-	1,250	-
Apr 01, 2024	pontual romulo	acquired	-	-	1,250	-
Apr 01, 2024	mulligan william c	acquired	-	-	1,250	-
Apr 01, 2024	zinser edward k	acquired	-	-	1,250	-
Feb 25, 2024	chong david cheung hyen	acquired	-	-	976	evp global sales
Feb 25, 2024	carnifax richard k	acquired	-	-	836	s.v.p. global operations
Feb 25, 2024	carnifax richard k	sold (taxes)	-3,317	8.42	-394	s.v.p. global operations
Feb 25, 2024	chong david cheung hyen	sold (taxes)	-3,873	8.42	-460	evp global sales

Which funds bought or sold UEIC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	16.02	35,323	184,474	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	8.00	130	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-86.24	-1,691	282	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.63	216,806	5,137,920	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	83.26	341,502	720,344	-%
Feb 26, 2024	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	sold off	-100	-2,000	-	-%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	19.62	45,000	235,000	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	added	21.31	288,000	1,398,000	0.12%
Feb 16, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-49.79	-67,293	72,707	-%
Feb 15, 2024	BARCLAYS PLC	reduced	-25.06	-52,000	183,000	-%

Are Funds Buying or Selling UEIC?

Are funds buying UEIC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UEIC

No. of Funds

Unveiling Universal Electronics Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	manulife financial corp	0.00%	-	SC 13G/A
Feb 13, 2024	vanguard group inc	4.22%	547,169	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	2.9%	379,051	SC 13G/A
Dec 22, 2023	toro 18 holdings llc	11.9%	1,544,647	SC 13D/A
Dec 08, 2023	toro 18 holdings llc	11.9%	1,544,647	SC 13D/A
Nov 08, 2023	toro 18 holdings llc	10.9%	1,412,709	SC 13D/A
Sep 14, 2023	toro 18 holdings llc	9.9%	1,277,962	SC 13D/A
Jul 07, 2023	blackrock inc.	2.4%	308,278	SC 13G/A
Jul 03, 2023	toro 18 holdings llc	8.7%	1,123,986	SC 13D
May 08, 2023	eagle asset management inc	1.20%	153,734	SC 13G/A

Recent SEC filings of Universal Electronics Inc

View All Filings

Date Filed	Form Type	Document
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 14, 2024	10-K	Annual Report
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 15, 2024	8-K	Current Report

Peers (Alternatives to Universal Electronics Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.6T	385.7B	-1.07%	3.21%	25.86	6.77	-0.47%	6.03%
APH	69.8B	12.6B	1.86%	55.40%	36.2	5.56	-0.54%	1.35%
FTV	28.0B	6.1B	-9.90%	16.46%	32.32	4.57	3.71%	14.65%
GLW	26.9B	12.6B	-2.89%	-4.13%	44.89	2.14	-11.28%	-55.18%
FLEX	12.0B	29.4B	-0.59%	44.82%	15.94	0.41	-1.12%	-8.06%
MID-CAP
ARW	6.9B	33.1B	1.75%	14.61%	7.59	0.21	-10.82%	-36.63%
CGNX	6.8B	837.5M	-5.07%	-16.44%	59.92	8.1	-16.75%	-47.46%
BMI	5.4B	740.8M	15.48%	37.93%	52.61	7.27	25.07%	42.99%
AVT	4.4B	25.6B	1.65%	21.85%	6.64	0.17	-2.73%	-21.96%
ESE	2.7B	968.8M	1.72%	9.71%	28.93	2.78	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.9B	0.57%	63.64%	20.57	0.6	-8.78%	-6.67%
BHE	1.1B	2.8B	4.91%	43.81%	17	0.39	-1.64%	-5.74%
GPRO	271.4M	1.0B	-22.03%	-58.35%	-5.1	0.27	-8.05%	-284.36%
AEY	32.6M	56.7M	-19.26%	49.32%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.8M	27.6M	-3.78%	-33.08%	18.86	0.94	3.62%	-35.71%

Universal Electronics Inc News

Latest updates

Universal Electronics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-8.9%	98.00	107	107	108	123	148	139	132	145	156	150	151	156	154	153	152	175	201	194	184	170
Gross Profit	36.4%	28.00	20.00	25.00	25.00	32.00	44.00	39.00	36.00	36.00	46.00	45.00	46.00	51.00	44.00	38.00	43.00	50.00	46.00	34.00	40.00	38.00
S&GA Expenses	1.1%	23.00	23.00	25.00	27.00	26.00	25.00	25.00	29.00	32.00	30.00	28.00	30.00	30.00	26.00	24.00	27.00	31.00	32.00	31.00	31.00	29.00
R&D Expenses	-11.5%	7.00	8.00	8.00	8.00	8.00	8.00	9.00	8.00	8.00	7.00	8.00	8.00	8.00	8.00	7.00	8.00	8.00	8.00	7.00	7.00	6.00
EBITDA Margin	-7.7%	-0.15*	-0.14*	-0.07*	-0.04*	0.07*	0.07*	0.05*	0.06*	0.07*	0.10*	0.11*	0.12*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.3%	2.00	2.00	2.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00
Income Taxes	-23.1%	3.00	3.00	-0.50	1.00	3.00	4.00	2.00	2.00	3.00	3.00	3.00	2.00	0.00	2.00	2.00	1.00	3.00	3.00	0.00	1.00	12.00
Earnings Before Taxes	72.0%	-4.51	-16.10	-10.93	-60.71	-3.50	11.00	5.00	-0.50	-3.81	2.00	9.00	9.00	12.00	8.00	16.00	7.00	10.00	5.00	-4.84	-0.01	1.00
EBT Margin	-7.2%	-0.22*	-0.20*	-0.13*	-0.09*	0.02*	0.02*	0.00*	0.01*	0.03*	0.05*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	63.3%	-7.10	-19.36	-10.41	-61.36	-6.90	7.00	3.00	-2.91	-6.33	-0.95	6.00	7.00	12.00	6.00	14.00	6.00	7.00	3.00	-5.06	-1.00	-11.11
Net Income Margin	-6.2%	-0.23*	-0.22*	-0.15*	-0.11*	0.00*	0.00*	-0.01*	-0.01*	0.01*	0.04*	0.05*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-33.7%	4.00	6.00	13.00	-5.29	7.00	13.00	-2.81	-19.75	14.00	4.00	21.00	-10.43	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.9%	356	378	392	417	504	514	516	525	510	514	521	511	510	509	526	534	564	565	578	582	556
Current Assets	-8.3%	259	282	281	302	338	350	349	351	337	341	344	332	327	330	351	356	379	381	389	391	380
Cash Equivalents	-28.8%	43.00	60.00	56.00	57.00	67.00	62.00	46.00	54.00	61.00	59.00	68.00	55.00	57.00	67.00	59.00	59.00	74.00	55.00	50.00	45.00	53.00
Inventory	-5.6%	88.00	93.00	106	123	140	136	147	139	134	124	121	118	120	116	135	142	145	138	149	150	144
Net PPE	-4.3%	45.00	47.00	58.00	62.00	63.00	65.00	68.00	71.00	75.00	79.00	82.00	85.00	87.00	85.00	83.00	85.00	91.00	91.00	94.00	94.00	96.00
Goodwill	-	-	-	-	-	49.00	49.00	49.00	49.00	48.00	49.00	49.00	49.00	49.00	49.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00
Liabilities	-10.1%	177	197	192	206	236	246	251	255	234	218	214	200	197	212	240	264	290	304	317	317	293
Current Liabilities	-11.7%	161	183	174	188	216	229	233	236	217	205	197	185	180	194	222	246	266	278	290	289	280
Shareholder's Equity	-1.4%	179	182	200	211	268	268	265	270	276	295	307	311	313	297	286	270	274	262	261	265	263
Retained Earnings	-3.0%	232	240	259	269	331	338	330	327	330	337	338	332	325	313	307	292	286	279	277	282	283
Additional Paid-In Capital	0.7%	337	335	332	330	327	323	320	317	314	312	309	306	302	297	294	291	288	285	282	279	276
Shares Outstanding	0.1%	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	14.00	14.00	14.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	122	-	-	-	214	-	-	-	426	-	-	-	424	-	-	-	370	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-25.0%	5,114	6,821	15,280	-2,025	10,823	17,187	885	-17,969	17,367	6,432	23,213	-6,729	29,565	39,340	12,834	-8,347	45,336	19,688	24,780	-4,547	17,429
Share Based Compensation	-7.4%	1,976	2,135	2,158	2,540	2,438	2,439	2,637	2,499	2,453	2,472	2,444	2,600	2,268	2,260	2,291	2,303	2,127	2,527	2,273	1,918	2,012
Cashflow From Investing	-0.5%	-2,394	-2,381	-4,271	-4,831	-5,555	1,274	-5,306	-11,621	-4,633	-4,295	-3,309	-4,804	-7,116	-6,831	-6,031	-3,756	-6,609	-6,006	-7,900	-3,453	-3,914
Cashflow From Financing	-63206.1%	-20,891	-33.00	-10,043	-3,812	-202	-86.00	-857	21,646	-11,800	-10,533	-9,733	10,040	-35,051	-26,417	-5,114	618	-20,150	-6,926	-11,689	-466	-3,260
Buy Backs	2600.0%	891	33.00	43.00	812	1,738	86.00	3,857	7,354	15,447	17,533	15,733	10,951	7,856	3,417	114	6,291	187	337	189	1,215	1,260

UEIC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 420,457	$ 542,751	$ 601,602
Cost of sales	322,897	390,459	428,586
Gross profit	97,560	152,292	173,016
Research and development expenses	31,281	32,452	30,917
Factory restructuring charges	4,015	0	0
Selling, general and administrative expenses	98,490	105,292	118,846
Goodwill impairment	49,075	0	0
Operating income (loss)	(85,301)	14,548	23,253
Interest income (expense), net	(4,332)	(2,200)	(566)
Loss on sale of Argentina subsidiary	0	0	(6,050)
Other income (expense), net	(2,621)	(955)	(557)
Income (loss) before provision for income taxes	(92,254)	11,393	16,080
Provision for income taxes	5,984	10,986	10,779
Net income (loss)	$ (98,238)	$ 407	$ 5,301
Earnings (loss) per share:
Basic (in dollars per share)	$ (7.64)	$ 0.03	$ 0.39
Diluted (in dollars per share)	$ (7.64)	$ 0.03	$ 0.39
Shares used in computing earnings (loss) per share:
Basic (in shares)	12,855	12,703	13,465
Diluted (in shares)	12,855	12,779	13,742

UEIC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 42,751	$ 66,740
Accounts receivable, net	112,596	112,346
Contract assets	4,240	7,996
Inventories	88,273	140,181
Prepaid expenses and other current assets	7,325	6,647
Income tax receivable	3,666	4,130
Total current assets	258,851	338,040
Property, plant and equipment, net	44,619	62,791
Goodwill	0	49,085
Intangible assets, net	25,349	24,470
Operating lease right-of-use assets	18,693	21,599
Deferred income taxes	6,787	6,242
Other assets	1,573	1,936
Total assets	355,872	504,163
Current liabilities:
Accounts payable	57,033	71,373
Line of credit	55,000	88,000
Accrued compensation	20,305	20,904
Accrued sales discounts, rebates and royalties	5,796	6,477
Accrued income taxes	1,833	5,585
Other accrued liabilities	21,181	24,134
Total current liabilities	161,148	216,473
Long-term liabilities:
Operating lease obligations	12,560	15,027
Deferred income taxes	1,992	2,724
Income tax payable	435	723
Other long-term liabilities	817	810
Total liabilities	176,952	235,757
Commitments and contingencies (Note 13)
Stockholders' equity:
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value, 50,000,000 shares authorized; 25,346,383 and 24,999,951 shares issued on December 31, 2023 and 2022, respectively	253	250
Paid-in capital	336,938	326,839
Treasury stock, at cost, 12,459,845 and 12,295,305 shares on December 31, 2023 and 2022, respectively	(369,973)	(368,194)
Accumulated other comprehensive income (loss)	(20,758)	(21,187)
Retained earnings	232,460	330,698
Total stockholders' equity	178,920	268,406
Total liabilities and stockholders' equity	$ 355,872	$ 504,163

About Universal Electronics Inc

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for smart energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas. The company also serves through a network of national and regional distributors and dealers. It sells its products in the United States, the People's Republic of China, Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

CEO	Mr. Paul D. Arling
WEBSITE	uei.com
INDUSTRY	Consumer Electronics
EMPLOYEES	4658

Universal Electronics Inc Frequently Asked Questions

What is the ticker symbol for Universal Electronics Inc? What does UEIC stand for in stocks?

UEIC is the stock ticker symbol of Universal Electronics Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Universal Electronics Inc (UEIC)?

As of Wed Apr 24 2024, market cap of Universal Electronics Inc is 126.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UEIC stock?

You can check UEIC's fair value in chart for subscribers.

What is the fair value of UEIC stock?

You can check UEIC's fair value in chart for subscribers. The fair value of Universal Electronics Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Universal Electronics Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UEIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Universal Electronics Inc a good stock to buy?

The fair value guage provides a quick view whether UEIC is over valued or under valued. Whether Universal Electronics Inc is cheap or expensive depends on the assumptions which impact Universal Electronics Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UEIC.

What is Universal Electronics Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, UEIC's PE ratio (Price to Earnings) is -1.28 and Price to Sales (PS) ratio is 0.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UEIC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Universal Electronics Inc's stock?

In the past 10 years, Universal Electronics Inc has provided -0.121 (multiply by 100 for percentage) rate of return.