Zacks Research Brokers Raise Earnings Estimates for Ubiquiti

Ubiquiti Inc. (NYSE:UIFree Report) – Zacks Research upped their Q1 2027 earnings estimates for Ubiquiti in a report released on Wednesday, March 12th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $2.45 for the quarter, up from their prior estimate of $2.42. The consensus estimate for Ubiquiti’s current full-year earnings is $7.21 per share.

Ubiquiti (NYSE:UIGet Free Report) last issued its earnings results on Friday, February 14th. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.12. Ubiquiti had a return on equity of 296.82% and a net margin of 20.68%. During the same period last year, the business posted $1.36 earnings per share.

UI has been the topic of several other research reports. Barclays cut their price target on shares of Ubiquiti from $236.00 to $222.00 and set an “underweight” rating on the stock in a report on Monday, February 10th. BWS Financial reiterated a “buy” rating and issued a $440.00 price objective on shares of Ubiquiti in a research note on Monday, February 10th. Finally, StockNews.com upgraded shares of Ubiquiti from a “hold” rating to a “buy” rating in a research report on Sunday, November 17th.

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Ubiquiti Trading Up 5.1 %

Shares of NYSE:UI opened at $319.31 on Friday. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.31. Ubiquiti has a 52-week low of $104.24 and a 52-week high of $469.98. The stock has a market cap of $19.32 billion, a price-to-earnings ratio of 43.39 and a beta of 1.12. The business has a 50-day moving average price of $363.00 and a 200-day moving average price of $307.87.

Ubiquiti Announces Dividend

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

Insider Transactions at Ubiquiti

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

Hedge Funds Weigh In On Ubiquiti

Several institutional investors and hedge funds have recently modified their holdings of the business. Woodline Partners LP purchased a new stake in shares of Ubiquiti in the fourth quarter valued at approximately $330,000. Point72 Hong Kong Ltd acquired a new stake in Ubiquiti in the 4th quarter valued at $730,000. Quantinno Capital Management LP increased its holdings in Ubiquiti by 27.5% in the 4th quarter. Quantinno Capital Management LP now owns 4,682 shares of the company’s stock worth $1,554,000 after acquiring an additional 1,011 shares in the last quarter. Man Group plc raised its position in Ubiquiti by 295.7% during the fourth quarter. Man Group plc now owns 22,713 shares of the company’s stock worth $7,539,000 after acquiring an additional 16,973 shares during the period. Finally, Occudo Quantitative Strategies LP purchased a new position in Ubiquiti during the fourth quarter valued at $411,000. Hedge funds and other institutional investors own 4.00% of the company’s stock.

About Ubiquiti

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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.

Further Reading

Earnings History and Estimates for Ubiquiti (NYSE:UI)

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