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Universal Electronics (NASDAQ:UEIC) Shareholders Have Enjoyed A 67% Share Price Gain

Universal Electronics Inc. (NASDAQ:UEIC) shareholders might be concerned after seeing the share price drop 14% in the last quarter. In contrast the stock has done reasonably well over three years. After all, the stock has performed better than the market (62%) over that time, over which it gained 67%.

View our latest analysis for Universal Electronics

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During three years of share price growth, Universal Electronics moved from a loss to profitability. So we would expect a higher share price over the period.

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

earnings-per-share-growth
earnings-per-share-growth

We know that Universal Electronics has improved its bottom line over the last three years, but what does the future have in store? Take a more thorough look at Universal Electronics' financial health with this free report on its balance sheet.

A Different Perspective

Universal Electronics shareholders are up 9.6% for the year. But that return falls short of the market. On the bright side, that's still a gain, and it is certainly better than the yearly loss of about 4% endured over half a decade. It could well be that the business is stabilizing. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Universal Electronics is showing 3 warning signs in our investment analysis , you should know about...

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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