Universal Electronics Inc.
(UEIC:NASDAQ)
Snapshot of Universal Electronics Inc. (UEIC)
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OPEN
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PREVIOUS CLOSE
$22.19
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
11/11/09 - $23.50
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52 WEEK LOW
02/3/09 - $10.85
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MARKET CAP
303.9M
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AVERAGE VOLUME 3 mo
60.1K
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DILUTED EPS TTM
$1.05
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SHARES OUTSTANDING
13.7M
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UEIC Does Not Pay Dividends
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P/E TTM
21.1x
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| K = Thousands M = Millions B = Billions | ||
UEIC Details
Universal Electronics Inc. develops pre-programmed wireless control products and audio-video accessories that enhance home entertainment systems. The company offers infrared and radio frequency remote controls; audio-video accessories; embedded microcontrollers and infrared database software; integrated circuits; and software, firmware, and technology solutions that enable devices, such as TVs, set-top boxes, stereos, automotive audio systems, cell phones, and other consumer electronic devices to wirelessly connect and interact with home networks and interactive services to deliver digital entertainment and information. It also licenses its intellectual property primarily to original equipment manufacturers (OEMs), software development companies, private labels, and multiple systems operators. The company’s primary markets include retail, private label, OEMs, custom installers, cable and satellite service providers, and companies in the personal computing industry. Universal Electronics Inc. sells its products directly, as well as through retailers and distributors in Europe, Australia, New Zealand, South Africa, the Middle East, Mexico, Asia, and Latin America under the ‘One For All’ brand name. The company was founded in 1986 and is headquartered in Cypress, California.
UEIC Top Compensated Officers
Key developments for Universal Electronics Inc. (UEIC)
Universal Electronics Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the third quarter, the company reported the net sales were $83,182,000 as compared to the net sales of $76,532,000 for the same period a year ago. Operating income was $6,644,000 as compared to the operating income of $5,910,000 for the same period a year ago. Net interest income was $110,000 as compared to the net interest income of $859,000 for the same period a year ago. Income before provision for income taxes was $6,779,000 as compared to the income before provision for income taxes of $6,352,000 for the same period a year ago. Net income was $4,223,000 as compared to the net income of $4,005,000 for the same period a year ago. Diluted earning per share was $0.30 as compared to the diluted earnings per share was $0.28 for the same period a year ago. For the nine months, the company reported the net sales were $232,611,000 as compared to the net sales of $208,407,000 for the same period a year ago. Net income was $13,867,000 as compared to the operating income of $12,950,000 for the same period a year ago. Net interest income was $376,000 as compared to the net interest income of $2,649,000 for the same period a year ago. Income before provision for income taxes was $14,082,000 as compared to the income before provision for income taxes of $15,362,000 for the same period a year ago. Net income was $8,835,000 as compared to the net income of $9,973,000 for the same period a year ago. Diluted earning per share was $0.63 as compared to the diluted earnings per share was $0.68 for the same period a year ago. Net cash provided by operating activities were $20,876,000 as compared to the net cash provided by operating activities of $18,145,000 for the same period a year ago. Acquisition of equipment, furniture and fixtures were $4,142,000 as compared to the acquisition of equipment, furniture and fixtures of $4,803,000 for the same period a year ago. The company provided earnings guidance for the fourth quarter and full year of 2009. For the fourth quarter of 2009, the company expects net sales are to be range between $81.0 million and $84.0 million, compared to $78.7 million in the fourth quarter of 2008. Earnings per diluted share for the fourth quarter of 2009 are expected to range from $0.38 to $0.42, compared to earnings per diluted share of $0.42 in the fourth quarter of 2008. For the full 2009 year, net sales are expected to range between $313.0 million and $317.0 million, compared to $287.1 million in 2008. Earnings per diluted share for 2009 are expected to range from $1.02 to $1.06, compared to earnings per diluted share of $1.09 in 2008.
Universal Electronics Inc. appointed Carl E. Vogel to serve on its Board of Directors as a Class II Director, effective October 30, 2009. In addition, Mr. Vogel was appointed to the Audit Committee of the Board of Directors at which time Mr. J.C. Sparkman left the Audit Committee.
Universal Electronics Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on November 2, 2009).
Stock Quotes
| Recently Viewed | |||
| UEIC | $22.19 USD | 0.00 | |
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| NDA (DE) | €7.34 EUR | +0.04 | |
| RGC | $13.48 USD | +0.02 | |
| CDNS | $6.09 USD | 0.00 | |
| NCMI | $14.75 USD | -0.41 | |
Market data is delayed at least 20 minutes.
UEIC Competitors
| Company | Last | Change |
| Actel Corp | $11.69 USD | -0.13 |
| Atmel Corp | $3.98 USD | -0.03 |
| Microchip Tech | $25.53 USD | -0.16 |
| ZiLOG Inc | $2.85 USD | +0.07 |
| View Industry Companies | ||
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | UEIC | Industry Range |
| Price/Earnings | 21.1x |
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| Price/Sales | 1.0x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | 20.7x |
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| TEV/Sales | 0.7x |
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UEIC |
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UEIC transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
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