What is Zacks Research’s Forecast for Ubiquiti Q1 Earnings?

Ubiquiti Inc. (NYSE:UIFree Report) – Research analysts at Zacks Research lifted their Q1 2027 EPS estimates for shares of Ubiquiti in a note issued to investors 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 forecast of $2.42. The consensus estimate for Ubiquiti’s current full-year earnings is $7.21 per share.

Several other equities research analysts have also recently weighed in on the stock. BWS Financial reissued a “buy” rating and set a $440.00 price target on shares of Ubiquiti in a research report on Monday, February 10th. StockNews.com raised shares of Ubiquiti from a “hold” rating to a “buy” rating in a research report on Sunday, November 17th. Finally, Barclays dropped their target price on shares of Ubiquiti from $236.00 to $222.00 and set an “underweight” rating for the company in a research report on Monday, February 10th.

View Our Latest Report on UI

Ubiquiti Trading Down 1.9 %

Shares of UI opened at $302.80 on Friday. The stock has a market capitalization of $18.32 billion, a P/E ratio of 41.14 and a beta of 1.12. The company has a quick ratio of 0.98, a current ratio of 2.22 and a debt-to-equity ratio of 1.31. The firm has a fifty day simple moving average of $363.49 and a two-hundred day simple moving average of $306.23. Ubiquiti has a twelve month low of $104.24 and a twelve month high of $469.98.

Ubiquiti (NYSE:UIGet Free Report) last announced its quarterly earnings results on Friday, February 14th. The company reported $2.26 earnings per share for the quarter, beating 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 quarter in the previous year, the company posted $1.36 earnings per share.

Ubiquiti Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, February 24th. Stockholders 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 dividend yield of 0.79%. Ubiquiti’s dividend payout ratio is 32.61%.

Insider Transactions at Ubiquiti

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its position 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 acquiring an additional 39 shares during the period. Huntington National Bank lifted its position in Ubiquiti by 267.6% during the 3rd quarter. Huntington National Bank now owns 125 shares of the company’s stock valued at $28,000 after acquiring an additional 91 shares during the period. Venturi Wealth Management LLC lifted its position in Ubiquiti by 71.1% during the 4th quarter. Venturi Wealth Management LLC now owns 130 shares of the company’s stock valued at $43,000 after acquiring an additional 54 shares during the period. Blue Trust Inc. lifted its position in Ubiquiti by 78.8% during the 4th quarter. Blue Trust Inc. now owns 143 shares of the company’s stock valued at $47,000 after acquiring an additional 63 shares during the period. Finally, Sterling Capital Management LLC lifted its position 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 acquiring an additional 39 shares during the period. 4.00% of the stock is owned by hedge funds and other institutional investors.

Ubiquiti Company Profile

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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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