Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Ubiquiti Networks (UBNT) Share Price

News articles about Ubiquiti Networks (NASDAQ:UBNT) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ubiquiti Networks earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned news articles about the Wireless communications provider an impact score of 43.9303121991148 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

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A number of equities research analysts have commented on the company. Vetr upgraded Ubiquiti Networks from a “sell” rating to a “hold” rating and set a $74.74 price target on the stock in a research report on Monday, February 5th. Zacks Investment Research lowered Ubiquiti Networks from a “hold” rating to a “sell” rating in a research report on Tuesday, January 23rd. TheStreet lowered Ubiquiti Networks from an “a” rating to a “c+” rating in a research report on Friday, February 9th. ValuEngine upgraded Ubiquiti Networks from a “hold” rating to a “buy” rating in a research report on Tuesday, February 13th. Finally, Deutsche Bank upped their price target on Ubiquiti Networks from $47.00 to $55.00 and gave the company a “hold” rating in a research report on Friday, February 9th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Ubiquiti Networks has a consensus rating of “Hold” and a consensus target price of $65.75.

Shares of Ubiquiti Networks stock opened at $70.32 on Friday. Ubiquiti Networks has a one year low of $45.71 and a one year high of $82.30. The company has a debt-to-equity ratio of 0.95, a quick ratio of 10.00 and a current ratio of 10.94. The stock has a market cap of $5,643.17, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 2.03 and a beta of 0.79.

Ubiquiti Networks (NASDAQ:UBNT) last announced its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.76 EPS for the quarter, beating the consensus estimate of $0.70 by $0.06. Ubiquiti Networks had a return on equity of 47.42% and a net margin of 15.73%. The company had revenue of $250.80 million for the quarter, compared to analyst estimates of $239.89 million. During the same quarter in the prior year, the company earned $0.72 EPS. The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. equities research analysts expect that Ubiquiti Networks will post 1.93 earnings per share for the current fiscal year.

Ubiquiti Networks announced that its Board of Directors has approved a stock repurchase plan on Thursday, February 8th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the Wireless communications provider to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

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Ubiquiti Networks Company Profile

Ubiquiti Networks, Inc develops networking technology for service providers, enterprises, and consumers worldwide. The company's service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products.

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