Zacks Research Comments on Ubiquiti’s Q1 Earnings (NYSE:UI)

Ubiquiti Inc. (NYSE:UI) – Investment analysts at Zacks Research boosted their Q1 2027 EPS estimates for Ubiquiti in a report issued on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the company will earn $2.45 per share for the quarter, up from their previous estimate of $2.42. The consensus estimate for Ubiquiti’s current full-year earnings is $7.21 per share.

Other research analysts have also recently issued research reports about the company. Barclays reduced their target price on Ubiquiti from $236.00 to $222.00 and set an “underweight” rating on the stock in a research note on Monday, February 10th. StockNews.com upgraded shares of Ubiquiti from a “hold” rating to a “buy” rating in a report on Sunday, November 17th. Finally, BWS Financial reaffirmed a “buy” rating and set a $440.00 target price on shares of Ubiquiti in a research note on Monday, February 10th.

Ubiquiti Trading Up 5.1 %

Ubiquiti stock opened at $319.31 on Friday. The stock has a market cap of $19.32 billion, a P/E ratio of 43.39 and a beta of 1.12. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.98 and a current ratio of 2.22. Ubiquiti has a fifty-two week low of $104.24 and a fifty-two week high of $469.98. The firm’s fifty day moving average price is $363.00 and its 200-day moving average price is $307.01.

Ubiquiti (NYSE:UI) last released its quarterly earnings results on Friday, February 14th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.12. Ubiquiti had a net margin of 20.68% and a return on equity of 296.82%. During the same period in the previous year, the company earned $1.36 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of UI. Caprock Group LLC lifted its stake in shares of Ubiquiti by 2.3% during the 4th quarter. Caprock Group LLC now owns 1,085 shares of the company’s stock valued at $360,000 after buying an additional 24 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of Ubiquiti by 10.4% in the 4th quarter. National Bank of Canada FI now owns 350 shares of the company’s stock worth $116,000 after buying an additional 33 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in Ubiquiti by 47.0% during the 4th quarter. Farther Finance Advisors LLC now owns 122 shares of the company’s stock valued at $40,000 after purchasing an additional 39 shares during the last quarter. Sterling Capital Management LLC grew its holdings in Ubiquiti by 30.2% during the 4th quarter. Sterling Capital Management LLC now owns 168 shares of the company’s stock valued at $56,000 after purchasing an additional 39 shares during the last quarter. Finally, Hanseatic Management Services Inc. grew its holdings in Ubiquiti by 12.0% during the 4th quarter. Hanseatic Management Services Inc. now owns 384 shares of the company’s stock valued at $127,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Kevin Radigan sold 1,000 shares of Ubiquiti stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $347.99, for a total transaction of $347,990.00. Following the transaction, the chief accounting officer now owns 2,484 shares in the company, valued at $864,407.16. This trade represents a 28.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 93.10% of the stock is currently owned by insiders.

Ubiquiti Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, February 24th. Shareholders of record on Tuesday, February 18th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Tuesday, February 18th. Ubiquiti’s dividend payout ratio (DPR) is presently 32.61%.

About Ubiquiti

Ubiquiti Inc develops networking technology for service providers, enterprises, and consumers. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products.