Different analysts have additionally just lately issued analysis studies concerning the inventory. Zacks Investment Research upgraded shares of Common Electronics from a “robust promote” ranking to a “maintain” ranking in a analysis notice on Thursday, April twenty first. B. Riley minimize their goal value on shares of Common Electronics from $62.00 to $53.00 in a analysis notice on Friday, February 18th. Lastly, TheStreet minimize shares of Common Electronics from a “c” ranking to a “d+” ranking in a analysis notice on Thursday, Might fifth. Two funding analysts have rated the inventory with a maintain ranking and three have assigned a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, Common Electronics has a median ranking of “Purchase” and a consensus value goal of $64.33.
Shares of UEIC stock opened at $27.58 on Thursday. The inventory has a market cap of $348.34 million, a P/E ratio of -70.72 and a beta of 1.10. The corporate has a fifty day shifting common value of $30.59 and a two-hundred day shifting common value of $35.07. Common Electronics has a one 12 months low of $26.09 and a one 12 months excessive of $53.07.
Common Electronics (NASDAQ:UEIC – Get Rating) final posted its earnings outcomes on Thursday, February seventeenth. The expertise firm reported ($0.49) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.11 by ($0.60). The corporate had income of $144.94 million for the quarter, in comparison with analyst estimates of $143.04 million. Common Electronics had a detrimental return on fairness of 1.60% and a detrimental web margin of 0.79%. Throughout the identical quarter within the prior 12 months, the enterprise posted $0.86 EPS. On common, analysis analysts count on that Common Electronics will submit 0.76 EPS for the present fiscal 12 months.
In different Common Electronics information, Director William C. Mulligan acquired 6,500 shares of the corporate’s inventory in a transaction on Tuesday, February twenty second. The inventory was acquired at a median value of $31.84 per share, for a complete transaction of $206,960.00. The acquisition was disclosed in a authorized submitting with the SEC, which could be accessed by this link. 7.09% of the inventory is owned by insiders.
A lot of institutional traders have just lately modified their holdings of UEIC. William Blair Funding Administration LLC raised its stake in Common Electronics by 51,022.5% within the third quarter. William Blair Funding Administration LLC now owns 692,710 shares of the expertise firm’s inventory value $34,116,000 after buying an extra 691,355 shares within the final quarter. Lapides Asset Administration LLC elevated its holdings in Common Electronics by 32.6% within the 1st quarter. Lapides Asset Administration LLC now owns 230,300 shares of the expertise firm’s inventory valued at $7,195,000 after shopping for an extra 56,600 shares through the interval. Sei Investments Co. purchased a brand new place in Common Electronics within the 4th quarter valued at about $2,116,000. The Producers Life Insurance coverage Firm elevated its holdings in Common Electronics by 10.3% within the 4th quarter. The Producers Life Insurance coverage Firm now owns 540,053 shares of the expertise firm’s inventory valued at $22,008,000 after shopping for an extra 50,290 shares through the interval. Lastly, The Producers Life Insurance coverage Firm elevated its holdings in Common Electronics by 10.6% within the third quarter. The Producers Life Insurance coverage Firm now owns 489,763 shares of the expertise firm’s inventory valued at $24,121,000 after shopping for an extra 47,016 shares through the interval. Institutional traders and hedge funds personal 87.74% of the corporate’s inventory.
About Common Electronics (Get Rating)
Common Electronics Inc designs, develops, manufactures, and sells pre-programmed and common management merchandise, audio-video (AV) equipment, and clever wi-fi safety and sensible dwelling merchandise for video providers, client electronics, safety, dwelling automation, local weather management, and residential equipment markets.
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