Stock To Watch: Universal Electronics Inc. (NASDAQ:UEIC)


The leading market experts have placed a mean price target of $66.67 on Universal Electronics Inc. (NASDAQ:UEIC) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.97 a share for the upcoming quarter and $3.36 for the current fiscal. Technical View The technical analysis of Universal Electronics Inc. plainly substantiates that the 50-day moving average of Universal Electronics Inc. is $66.41, and stock is hovering 6.80 or +10.25% distant from $66.41. It is noted that the 200-day MA is $58.93, and Universal Electronics Inc. stock is $14.28 or +24.23% off from this point. Universal Electronics Inc. (NASDAQ:UEIC) 52-week high is $74.48 and the 52-week low is $40.28. This explains if the stock moves $-1.27, it will post a 52-week high. In event of $+81.75% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Universal Electronics Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Universal Electronics Inc. (NASDAQ:UEIC) ratio came in at 41.36. The stock last ended the trading session at $73.21 and registered a market cap of $1.06B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Universal Electronics Inc. (NASDAQ:UEIC) PEG ratio is at 1.43.

1 Chart Pattern Every Investor Should Know

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