CUI Global Inc Forecasted to Post Q1 2018 Earnings of ($0.09) Per Share (CUI)

CUI Global Inc (NASDAQ:CUI) – Investment analysts at Dougherty & Co issued their Q1 2018 EPS estimates for shares of CUI Global in a research note issued on Tuesday. Dougherty & Co analyst J. Fisher expects that the industrial products company will earn ($0.09) per share for the quarter. Dougherty & Co also issued estimates for CUI Global’s FY2018 earnings at ($0.16) EPS.

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Several other equities analysts have also commented on the stock. ValuEngine lowered shares of CUI Global from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 1st. Zacks Investment Research lowered shares of CUI Global from a “hold” rating to a “sell” rating in a research report on Thursday, February 22nd. Two equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the company’s stock. CUI Global has an average rating of “Hold” and an average target price of $10.00.

CUI Global (NASDAQ CUI) opened at $2.80 on Friday. The company has a market cap of $81.18, a PE ratio of -5.19 and a beta of 0.22. The company has a current ratio of 2.18, a quick ratio of 1.45 and a debt-to-equity ratio of 0.15. CUI Global has a 12-month low of $2.44 and a 12-month high of $4.93.

CUI Global (NASDAQ:CUI) last released its quarterly earnings results on Wednesday, March 14th. The industrial products company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $21.14 million for the quarter, compared to the consensus estimate of $21.60 million. CUI Global had a negative return on equity of 16.70% and a negative net margin of 15.12%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cowen Prime Services LLC grew its position in CUI Global by 550.5% in the 4th quarter. Cowen Prime Services LLC now owns 94,329 shares of the industrial products company’s stock valued at $259,000 after buying an additional 79,829 shares in the last quarter. Eidelman Virant Capital grew its position in CUI Global by 178.6% in the 4th quarter. Eidelman Virant Capital now owns 103,427 shares of the industrial products company’s stock valued at $284,000 after buying an additional 66,300 shares in the last quarter. Renaissance Technologies LLC grew its position in CUI Global by 163.0% in the 4th quarter. Renaissance Technologies LLC now owns 175,400 shares of the industrial products company’s stock valued at $482,000 after buying an additional 108,700 shares in the last quarter. Perkins Capital Management Inc. bought a new position in CUI Global in the 4th quarter valued at about $584,000. Finally, Grace & White Inc. NY bought a new position in CUI Global in the 4th quarter valued at about $628,000. Hedge funds and other institutional investors own 58.26% of the company’s stock.

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About CUI Global

CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).

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