Universal Electronics Stock Short Ratio
| UEIC Stock | USD 10.94 0.35 3.10% |
Universal Electronics fundamentals help investors to digest information that contributes to Universal Electronics' financial success or failures. It also enables traders to predict the movement of Universal Stock. The fundamental analysis module provides a way to measure Universal Electronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Universal Electronics stock.
Universal | Short Ratio |
Universal Electronics Company Short Ratio Analysis
Universal Electronics' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Universal Electronics Short Ratio | 2.39 X |
Most of Universal Electronics' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Universal Electronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Universal Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Universal Electronics is extremely important. It helps to project a fair market value of Universal Stock properly, considering its historical fundamentals such as Short Ratio. Since Universal Electronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Universal Electronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Universal Electronics' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Universal Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Universal Electronics has a Short Ratio of 2.39 times. This is 50.72% lower than that of the Household Durables sector and 62.36% lower than that of the Consumer Discretionary industry. The short ratio for all United States stocks is 40.25% higher than that of the company.
Universal Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Universal Electronics' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Universal Electronics could also be used in its relative valuation, which is a method of valuing Universal Electronics by comparing valuation metrics of similar companies.Universal Electronics is currently under evaluation in short ratio category among related companies.
Universal Electronics Institutional Holders
Institutional Holdings refers to the ownership stake in Universal Electronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Electronics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Universal Electronics' value.| Shares | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 240 K | D. E. Shaw & Co Lp | 2023-09-30 | 219 K | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 196.1 K | Renaissance Technologies Corp | 2023-12-31 | 190.2 K | Gsa Capital Partners Llp | 2023-12-31 | 148.8 K | Geode Capital Management, Llc | 2023-12-31 | 133.5 K | American Century Companies Inc | 2023-12-31 | 132.9 K | Assenagon Asset Management Sa | 2024-03-31 | 118.7 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 115.7 K | Manufacturers Life Insurance Co | 2023-12-31 | 705.2 K | Ameriprise Financial Inc | 2023-12-31 | 586.7 K |
Universal Fundamentals
| Return On Equity | -0.44 | ||||
| Return On Asset | -0.0351 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 171.49 M | ||||
| Shares Outstanding | 12.9 M | ||||
| Shares Owned By Insiders | 17.70 % | ||||
| Shares Owned By Institutions | 67.29 % | ||||
| Number Of Shares Shorted | 103.19 K | ||||
| Price To Earning | 8.13 X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 420.46 M | ||||
| Gross Profit | 155.18 M | ||||
| EBITDA | (1.38 M) | ||||
| Net Income | (98.24 M) | ||||
| Cash And Equivalents | 53.95 M | ||||
| Cash Per Share | 4.26 X | ||||
| Total Debt | 72.37 M | ||||
| Debt To Equity | 0.40 % | ||||
| Current Ratio | 1.49 X | ||||
| Book Value Per Share | 13.88 X | ||||
| Cash Flow From Operations | 25.19 M | ||||
| Short Ratio | 2.39 X | ||||
| Earnings Per Share | (7.64) X | ||||
| Price To Earnings To Growth | 1.51 X | ||||
| Target Price | 12.17 | ||||
| Number Of Employees | 4.18 K | ||||
| Beta | 1.14 | ||||
| Market Capitalization | 141.16 M | ||||
| Total Asset | 355.87 M | ||||
| Retained Earnings | 232.46 M | ||||
| Working Capital | 97.7 M | ||||
| Current Asset | 315.32 M | ||||
| Current Liabilities | 215.12 M | ||||
| Net Asset | 355.87 M |
About Universal Electronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Universal Electronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Universal Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Universal Electronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Universal Electronics Piotroski F Score and Universal Electronics Altman Z Score analysis. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Universal Electronics' price analysis, check to measure Universal Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Universal Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Electronics. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Earnings Share (7.64) | Revenue Per Share 32.708 | Quarterly Revenue Growth (0.20) | Return On Assets (0.04) |
The market value of Universal Electronics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.