CUI Global (CUI) Rating Increased to Hold at ValuEngine

CUI Global (NASDAQ:CUI) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Monday.

Separately, Zacks Investment Research raised shares of CUI Global from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $10.00.

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Shares of CUI traded down $0.04 on Monday, reaching $2.56. 74,233 shares of the company’s stock were exchanged, compared to its average volume of 50,138. CUI Global has a 12 month low of $2.44 and a 12 month high of $4.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.18 and a quick ratio of 1.45. The company has a market cap of $74.06, a price-to-earnings ratio of -7.31 and a beta of 0.33.

CUI Global (NASDAQ:CUI) last issued its earnings results on Wednesday, March 14th. The industrial products company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.02). CUI Global had a negative net margin of 15.12% and a negative return on equity of 16.70%. The firm had revenue of $21.14 million during the quarter, compared to the consensus estimate of $21.60 million. analysts expect that CUI Global will post -0.16 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Heartland Advisors Inc. boosted its holdings in shares of CUI Global by 13.5% in the fourth quarter. Heartland Advisors Inc. now owns 2,407,523 shares of the industrial products company’s stock valued at $6,621,000 after buying an additional 285,463 shares during the period. Cowen Prime Services LLC boosted its holdings in shares of CUI Global by 550.5% in the fourth 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 during the period. Royce & Associates LP boosted its holdings in shares of CUI Global by 75.0% in the fourth quarter. Royce & Associates LP now owns 1,621,107 shares of the industrial products company’s stock valued at $4,458,000 after buying an additional 695,000 shares during the period. Vanguard Group Inc. boosted its holdings in shares of CUI Global by 0.8% in the second quarter. Vanguard Group Inc. now owns 859,350 shares of the industrial products company’s stock valued at $3,300,000 after buying an additional 6,657 shares during the period. Finally, Perkins Capital Management Inc. acquired a new position in shares of CUI Global in the fourth quarter valued at approximately $584,000. Institutional investors own 58.15% of the company’s stock.

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CUI Global Company Profile

CUI Global, Inc, through its subsidiaries, engages in the acquisition, development, and commercialization of power and electromechanical components worldwide. The company operates through two segments, Power and Electro-Mechanical, and Energy. The Power and Electromechanical segment offers components, including connectors, speakers, buzzers, test and measurement devices, and control solutions comprising encoders and sensors; and power solutions, such as Novum and ICE Block that addresses power and related accessories to consumer electronics, medical, and defense industries.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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