Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video accessories, and intelligent wireless security and smart home products for consumer electronics, subscription broadcasting, security, home automation, hospitality, and climate control markets. The company offers universal radio frequency (RF) and infrared remote controls; integrated circuits on which its software and universal device control database is embedded; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game controllers, and smart home and other consumer electronic devices to wirelessly connect and interact with home networks, as well as interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides proprietary and standards-based RF sensors designed for residential security, safety, and automation applications; wall-mount and handheld thermostat controllers, and connected accessories for intelligent energy management systems; and AV accessories. In addition, the company licenses intellectual property comprising its patented technologies, and database of control codes. The company serves service providers, original equipment manufacturers, retailers, private label brands, as well as to distributors and dealers. It sells its products under the One For All brand in the United States, the United Kingdom, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.
IPO Year: 1993
Exchange: NASDAQ
Website: uei.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $11.00 → $14.00 | Neutral → Buy | B. Riley Securities |
| 11/8/2024 | $15.00 | Neutral → Buy | Rosenblatt |
| 3/15/2023 | $16.00 | Neutral → Buy | Sidoti |
| 2/17/2023 | $20.00 | Buy → Neutral | Sidoti |
| 2/17/2023 | $22.00 → $29.00 | Buy → Neutral | B. Riley Securities |
| 2/17/2023 | $36.00 → $20.00 | Buy → Neutral | Rosenblatt |
| 7/12/2022 | $40.00 | Buy | Rosenblatt |
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
4 - UNIVERSAL ELECTRONICS INC (0000101984) (Issuer)
10-Q - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
8-K - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
8-K - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
8-K - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
S-8 - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
10-Q - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
8-K - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
8-K - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
DEFA14A - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
8-K - UNIVERSAL ELECTRONICS INC (0000101984) (Filer)
SC 13G/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13G - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13G - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13G/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13G/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13D/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13D/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13D/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13D/A - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
SC 13D - UNIVERSAL ELECTRONICS INC (0000101984) (Subject)
Appoints Eric Singer to the Board and Reaffirms Commitment to Strong Corporate Governance and Enhancing Stockholder Value Universal Electronics Inc. (the "Company" or "UEI") (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, today announced that it has entered into a cooperation agreement (the "Agreement") with Immersion Corporation ("Immersion") and certain of its affiliates. Under the terms of the Agreement, the Company's board of directors (the "Board") has appointed Eric Singer, President, Chief Executive Officer and Chairman of Immersion, as a new independent director, to serve as a Class II director, filling an e
B. Riley Securities upgraded Univ Elec from Neutral to Buy and set a new price target of $14.00 from $11.00 previously
Rosenblatt upgraded Univ Elec from Neutral to Buy and set a new price target of $15.00
Sidoti upgraded Univ Elec from Neutral to Buy and set a new price target of $16.00
Sidoti downgraded Univ Elec from Buy to Neutral and set a new price target of $20.00
B. Riley Securities downgraded Univ Elec from Buy to Neutral and set a new price target of $29.00 from $22.00 previously
Rosenblatt downgraded Univ Elec from Buy to Neutral and set a new price target of $20.00 from $36.00 previously
Rosenblatt initiated coverage of Univ Elec with a rating of Buy and set a new price target of $40.00
Imperial Capital initiated coverage of Univ Elec with a rating of Outperform and set a new price target of $70.00
B. Riley resumed coverage of Universal Electronics with a rating of Buy and set a new price target of $74.00 from $63.00 previously
Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three and nine months ended September 30, 2024. "Our customer growth strategy, product development and footprint optimization initiatives are beginning to deliver, as projected," stated UEI Chairman and CEO Paul Arling. "Third quarter 2024 net sales were solidly within guidance; gross profit increased 380 basis points year-over-year; and our bottom line improved again. We are building in all of our markets one brick at a time. Recent design wins and new production launches include Carrier, Daikin, multiple smart home solution leaders as well as multiple telecom and video service providers. Our recent efforts
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wirele
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announced that Chairman and Chief Executive Officer Paul Arling and Chief Financial Officer Bryan Hackworth are scheduled to virtually attend the Sidoti Small-Cap Conference on Wednesday and Thursday, September 18-19, 2024. Management will present on September 18, 2024 at 12:15 PM PT/ 3:15 PM ET, and host virtual one-on-one meetings both days. A webcast of the presentation will be available live and via replay for a period of 90 days at www.uei.com. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global lea
UEI Demonstrates Its Commitment to Ethical and Responsible Business Practices Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in universal control solutions for the home, announced today that it successfully completed the Responsible Business Alliance (RBA) Validated Assessment Program (VAP) audit at its facility in Vietnam (UVN). UEI's score indicates that its UVN facility has met the RBA VAP audit criteria and demonstrates a high level of compliance with the RBA Code of Conduct. UEI's UVN facility commenced operations in June 2023. Many components of the facility's operations were highlighted as part of the audit, including: Effective health and safety initiatives
Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three and six months ended June 30, 2024. "Our innovative wireless control solutions and patented technologies continue to capture design wins from major global household brands across all areas of the business," said UEI Chairman and CEO Paul Arling. "Second quarter 2024 net sales were within guidance, even though some quarter-end orders were pushed out and shipped in early third quarter. Our pipeline of new product developments, recent design wins and new project engagements are laying the foundation for a strong future. We continue to fortify our business by fostering new and existing customer relationshi
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, August 8, 2024, to discuss its second quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wirele
Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three months ended March 31, 2024. "Focused on building for a better future and expanding our end market reach, we continue to shift sales and product development resources to our climate control and home automation channels," said UEI Chairman and CEO Paul Arling. "We are very encouraged by numerous customer wins and are confident that there are many more to come. We now have won projects with six of the top ten HVAC equipment manufacturers worldwide. We have and will continue to optimize our manufacturing footprint and execute cost-savings initiatives while continuing to invest in the resources required to
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, announced it released its first-ever Sustainability Report for the calendar year ended 2023 detailing its commitment to environmental, social, and governance standards. The comprehensive report highlights the company's progress, sustainability materiality assessment, climate scenario analysis and future sustainability goals. "We're excited to unveil our inaugural Sustainability Report, a testament to our dedication to business ethics, integrity and sustainability," said UEI Chairman and CEO Paul Arling. "Our responsible and sustainable pr
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, May 2, 2024, to discuss its first quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wireless u
NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.Virtual Agenda - Wednesday, March 13 - All Times ETClick on Company Name to Open Link to Zoom Meeting9:15-9:45******Enpro Inc. (NPO)Spok Holdings, Inc. (SPOK)Olympic Steel, Inc. (ZEUS)ICF International Inc (ICFI)10:00-10:30Sato Technologies Corp (SATO)AZZ Inc. (AZZ)Mistras Group (MG)U.S. Energy Corp (USEG)Charles
Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three and nine months ended September 30, 2024. "Our customer growth strategy, product development and footprint optimization initiatives are beginning to deliver, as projected," stated UEI Chairman and CEO Paul Arling. "Third quarter 2024 net sales were solidly within guidance; gross profit increased 380 basis points year-over-year; and our bottom line improved again. We are building in all of our markets one brick at a time. Recent design wins and new production launches include Carrier, Daikin, multiple smart home solution leaders as well as multiple telecom and video service providers. Our recent efforts
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wirele
Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three and six months ended June 30, 2024. "Our innovative wireless control solutions and patented technologies continue to capture design wins from major global household brands across all areas of the business," said UEI Chairman and CEO Paul Arling. "Second quarter 2024 net sales were within guidance, even though some quarter-end orders were pushed out and shipped in early third quarter. Our pipeline of new product developments, recent design wins and new project engagements are laying the foundation for a strong future. We continue to fortify our business by fostering new and existing customer relationshi
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, August 8, 2024, to discuss its second quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wirele
Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three months ended March 31, 2024. "Focused on building for a better future and expanding our end market reach, we continue to shift sales and product development resources to our climate control and home automation channels," said UEI Chairman and CEO Paul Arling. "We are very encouraged by numerous customer wins and are confident that there are many more to come. We now have won projects with six of the top ten HVAC equipment manufacturers worldwide. We have and will continue to optimize our manufacturing footprint and execute cost-savings initiatives while continuing to invest in the resources required to
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, May 2, 2024, to discuss its first quarter 2024 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wireless u
Universal Electronics Inc. (UEI), (NASDAQ:UEIC) reported financial results for the three and twelve months ended December 31, 2023. Paul Arling, UEI's chairman and CEO, said, "We are building for a better future. During 2023, we successfully advanced our transformation, increasing our focus in growth areas such as home automation and climate control. We are executing our efficiency initiatives, and our strong gross margins delivered better than expected earnings per share for the fourth quarter of 2023. We believe a more efficient factory footprint coupled with project wins in the connected home channels will generate earnings growth and full year profitability. Confident in our strategy
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, February 15, 2024, to discuss its fourth quarter and full year 2023 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Founded in 1986, Universal Electronics Inc. (NASDAQ:
– Authorizes Stock Repurchase Program for Up to 1 Million Shares – Universal Electronics Inc. (UEI) (NASDAQ:UEIC) reported financial results for the three and nine months ended September 30, 2023. Also, the Company's Board of Directors authorized a stock repurchase program for up to one million shares. Paul Arling, UEI's chairman and CEO, said, "During the third quarter of 2023, we increased gross margin to a high for the year and managed costs to deliver bottom-line results within expectations. Our technology and innovations in the connected home markets are winning new business, which will support revenues that we expect to build throughout 2024 and 2025. The opportunities in the conn
Universal Electronics Inc. (UEI) (NASDAQ:UEIC), the global leader in wireless universal control solutions for home entertainment and smart home devices, will host a conference call at 4:30 p.m. ET on Thursday, November 2, 2023, to discuss its third quarter 2023 financial results. Management will provide a financial and business update as well as answer questions. To access the call please register here. Once registered, you will receive a dial-in number and a unique pin number. The conference call will also be broadcast live at www.uei.com where it will be available for replay for 90 days. About Universal Electronics Universal Electronics Inc. (NASDAQ:UEIC) is the global leader in wir
B. Riley Securities analyst Jeff Van Sinderen maintains Universal Electronics (NASDAQ:UEIC) with a Neutral and raises the price target from $10.5 to $11.
Rosenblatt analyst Steve Frankel maintains Universal Electronics (NASDAQ:UEIC) with a Neutral and maintains $15 price target.
Universal Electronics (NASDAQ:UEIC) reported quarterly losses of $(0.19) per share which beat the analyst consensus estimate of $(0.24) by 20.83 percent. This is a 32.14 percent increase over losses of $(0.28) per share from the same period last year. The company reported quarterly sales of $91.900 million which beat the analyst consensus estimate of $90.737 million by 1.28 percent. This is a 15.22 percent decrease over sales of $108.400 million the same period last year.
Gainers J-Long Group (NASDAQ:JL) stock rose 33.0% to $2.66 during Friday's pre-market session. The market value of their outstanding shares is at $83.5 million. Sweetgreen (NYSE:SG) shares rose 18.99% to $15.16. The market value of their outstanding shares is at $1.7 billion. The company's, Q4 earnings came out yesterday. RealReal (NASDAQ:REAL) shares rose 16.94% to $2.07. The market value of their outstanding shares is at $213.9 million. The company's, Q4 earnings came out yesterday. Golden Sun Health (NASDAQ:GSUN) shares rose 9.39% to $0.74. The company's market cap stands at $14.1 million. Cango (NYSE:CANG) stock moved upwards by 9.33% to $1.64. The market value of their outstanding
B. Riley Securities has decided to maintain its Neutral rating of Universal Electronics (NASDAQ:UEIC) and raise its price target from $9.00 to $10.50. Shares of Universal Electronics are trading down 6.07% over the last 24 hours, at $8.35 per share. A move to $10.50 would account for a 25.75% increase from the current share price. About Universal Electronics Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electro
Universal Electronics (NASDAQ:UEIC) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Universal Electronics beat estimated earnings by 800.0%, reporting an EPS of $0.07 versus an estimate of $-0.01. Revenue was down $25.16 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.02 which was followed by a 10.57% increase in the share price the next day. Here's a look at Universal Electronics's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.06 -0.19 -0.31 0.78 EPS Actual 0.08 -0.06 -0.28 0.44 Revenue Estimate 11
Universal Electronics (NASDAQ:UEIC) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $(0.01) by 800 percent. The company reported quarterly sales of $97.59 million which beat the analyst consensus estimate of $96.93 million by 0.69 percent. This is a 20.50 percent decrease over sales of $122.76 million the same period last year.
Companies Reporting Before The Bell • Cognex (NASDAQ:CGNX) is estimated to report quarterly earnings at $0.10 per share on revenue of $188.59 million. • Cenovus Energy (NYSE:CVE) is likely to report quarterly earnings at $0.25 per share on revenue of $10.11 billion. • Wendy's (NASDAQ:WEN) is likely to report quarterly earnings at $0.23 per share on revenue of $546.97 million. • Agios Pharmaceuticals (NASDAQ:AGIO) is expected to report quarterly loss at $1.65 per share on revenue of $7.94 million. • Appian (NASDAQ:APPN) is estimated to report quarterly loss at $0.24 per share on revenue of $140.92 million. • Blueprint Medicines (NASDAQ:BPMC) is likely to report quarterly loss at $2.04 p