Ubiquiti Inc. (NYSE:UI) announced a dividend on Friday, November 8th, Fidelity reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.30 per share on Monday, November 25th. The ex-dividend date is Friday, November 15th.
Ubiquiti stock traded up $46.75 during mid-day trading on Friday, hitting $176.74. The company’s stock had a trading volume of 1,369,927 shares, compared to its average volume of 375,453. The company has a current ratio of 4.21, a quick ratio of 2.73 and a debt-to-equity ratio of 4.68. The stock has a market cap of $7.98 billion, a PE ratio of 37.29, a price-to-earnings-growth ratio of 2.49 and a beta of 1.24. The business has a 50 day moving average of $123.11. Ubiquiti has a 12 month low of $92.08 and a 12 month high of $177.65.
Ubiquiti (NYSE:UI) last posted its quarterly earnings results on Friday, November 8th. The company reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.16. The business had revenue of $323.30 million during the quarter, compared to the consensus estimate of $307.95 million. Ubiquiti had a net margin of 27.78% and a return on equity of 206.17%. The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.17 earnings per share. Equities analysts forecast that Ubiquiti will post 5.52 earnings per share for the current year.
Ubiquiti Company Profile
Ubiquiti Inc develops networking technology for service providers, enterprises, and consumers worldwide. It 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 enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other WLAN products, as well as offers consumer products under the Ubiquiti Labs brand name.
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