(UEIC) Universal Electronics - Ratings and Ratios

Universal Electronics Inc. is a multifaceted technology company that designs, develops, and supports a wide range of products and solutions for home entertainment, climate control, and smart home automation. The companys diverse product portfolio includes universal remote controls, low-power RF microcontrollers, and embedded software, catering to a broad customer base comprising consumer electronics OEMs, video service providers, and retailers.

The companys offerings enable seamless connectivity and interoperability among various consumer electronic devices, including smart TVs, set-top boxes, audio systems, and smart speakers, within home networks. Additionally, UEIC provides cloud-enabled software solutions for firmware updates and digital rights management validation, as well as licenses its intellectual property to OEMs and video service providers, generating revenue streams.

With a global presence spanning the United States, China, Asia, Europe, Latin America, and other international markets, Universal Electronics Inc. has established itself as a significant player in the consumer electronics industry. The companys operations are backed by a strong foundation, having been incorporated in 1986 and headquartered in Scottsdale, Arizona.

Analyzing the , we observe that UEICs stock has been volatile, with a 52-week high of $12.38 and a low of $4.37. The current price of $7.04 is above its 20-day and 50-day simple moving averages (SMA) of $5.57 and $5.89, respectively, indicating a positive short-term trend. However, the stock remains below its 200-day SMA of $8.72, suggesting a longer-term downtrend. The Average True Range (ATR) of 0.44, representing 6.31% of the current price, indicates moderate volatility.

Examining the , we note that UEICs market capitalization stands at $89.26 million, with a forward price-to-earnings ratio of 30.40. The absence of a trailing P/E ratio is likely due to the companys negative earnings. The return on equity (RoE) is -15.40%, indicating that the company has been unprofitable.

Forecasting UEICs stock performance, we can consider the intersection of technical and fundamental analysis. While the companys negative RoE and lack of trailing P/E ratio raise concerns, the forward P/E ratio suggests that investors are expecting improved earnings in the future. The technical indicators show a short-term uptrend, but the long-term downtrend remains a concern. Given the current price is above its short-term SMAs and considering the forward P/E, a potential target price could be around $9.50, representing a 35% increase from the current price. However, this forecast is contingent upon the companys ability to improve its earnings and navigate the competitive consumer electronics landscape.