Now trading at a price of $292.25, Ubiquiti has moved 1.9% so far today on a volume of 52,292, compared to its average of 68,459. In contrast, the S&P 500 index moved 0.4%.
Ubiquiti shares moved 1.8% over the last 52 weeks, with a high of $350.63 and a low of $218.15. During this time, the stock outperformed the S&P 500 index by 14.4%. As of January 2022, the company's 50-day average price is $286.0. Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. The large-cap Technology company has 1,377 full time employees and is based in New York, NY. Ubiquiti has returned a 0.8% dividend yield over the last 12 months.
Snapshot of the Company's Strong Margins and Low Dept Levels:
| 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | |
|---|---|---|---|---|
| Revenue (MM) | $1,162 | $1,284 | $1,898 | $1,692 |
| Revenue Growth | n/a | 10.57% | 47.77% | -10.87% |
| Gross Margins | 46.3% | 47.4% | 48.1% | 39.6% |
| Gross Margins Growth | n/a | 2.38% | 1.48% | -17.67% |
| Operating Margins | 35.5% | 37.2% | 39.1% | 27.3% |
| Operating Margins Growth | n/a | 4.79% | 5.11% | -30.18% |
| Earnings Per Share | $4.51 | $5.8 | $9.78 | $6.13 |
| EPS Growth | n/a | 28.6% | 68.62% | -37.32% |
| Free Cash Flow (MM) | $250 | $430 | $594 | $357 |
| FCF Growth | n/a | 72.16% | 38.18% | -39.9% |
| Capital Expenditures (MM) | -$10 | -$31 | -$18 | -$13 |
| Net Debt / EBITDA | 0.59 | 1.06 | 0.33 | 1.39 |
Ubiquiti Is Currently Fairly Valued:
Compared to the Technology sector's average of 26.5, Ubiquiti has a trailing twelve month P/E ratio of 53.0 and, according to its EPS guidance of 8.81, an expected P/E ratio of 33.2. Ubiquiti's PEG ratio is 2.02 based on its 26.25% average growth rate of historical and projected earnings per share. This suggests that the company's shares are overvalued.
Ubiquiti Is the Subject of Mixed Market Indicators:
3 analysts are following Ubiquiti and have set target prices ranging from $221 to $375 per share. On average, they have given the company a rating of hold. At the current price of $292.25, UI is trading -2.15% away from its average analyst target price of $298.67 per share, implying an analyst consensus of some upside potential for the stock.
The company has an above average percentage of its shares sold short since 8.4% of the company's shares are tied to short positions. Institutions own 3.9% of Ubiquiti's shares, while the insider ownership rate stands at 93.15%. The biggest shareholder is Renaissance Technologies, LLC with a 1% stake in the company worth approximately $110,815,939.
