What analysts say:
- Buy, sell, or hold?: Analysts strongly back Universal Electronics, with four of six rating it a buy and the remainder rating it a hold. Analysts don't like Universal Electronics as much as competitor Audiovox overall. Analysts haven't adjusted their rating of Universal Electronics for the past three months.
- Revenue forecasts: On average, analysts predict $116.2 million in revenue this quarter. That would represent a rise of 13.4% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.36 per share. Estimates range from $0.34 to $0.40.
What our community says:
CAPS All-Stars are strongly supporting the stock, with 100% granting it an "outperform" rating. The greater community agrees with the All-Stars, as 94.8% give it a rating of "outperform." Universal Electronics has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Universal Electronics' profit has risen year-over-year by an average of 10.7% over the past five quarters. The company's gross margin shrank by 4.9 percentage points in the last quarter. Revenue rose 56.3% while cost of sales rose 67.7% to $89.3 million from a year earlier.
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