Q1 EPS Forecast for uCloudlink Group Decreased by Analyst

uCloudlink Group Inc. (NASDAQ:UCL) – Equities researchers at Litchfield Hills Research cut their Q1 2025 earnings per share (EPS) estimates for uCloudlink Group in a report released on Wednesday, March 19th. Litchfield Hills Research analyst T. O’neill now forecasts that the company will post earnings of ($0.04) per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for uCloudlink Group’s current full-year earnings is $0.10 per share. Litchfield Hills Research also issued estimates for uCloudlink Group’s FY2025 earnings at ($0.06) EPS.

uCloudlink Group (NASDAQ:UCL) last released its quarterly earnings results on Thursday, March 13th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The company had revenue of $25.96 million during the quarter, compared to the consensus estimate of $25.15 million. uCloudlink Group had a net margin of 4.84% and a return on equity of 22.48%.

uCloudlink Group Price Performance

Shares of NASDAQ UCL opened at $1.28 on Monday. The business has a fifty day moving average price of $1.31 and a two-hundred day moving average price of $1.35. The stock has a market capitalization of $47.93 million, a PE ratio of 11.64 and a beta of 4.13. uCloudlink Group has a fifty-two week low of $0.97 and a fifty-two week high of $3.30.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UCL. XTX Topco Ltd bought a new position in uCloudlink Group in the 4th quarter valued at about $26,000. Two Sigma Securities LLC acquired a new stake in shares of uCloudlink Group during the 4th quarter worth approximately $38,000. Finally, Renaissance Technologies LLC boosted its position in shares of uCloudlink Group by 77.3% during the 4th quarter. Renaissance Technologies LLC now owns 54,805 shares of the company’s stock worth $115,000 after acquiring an additional 23,900 shares in the last quarter. Institutional investors and hedge funds own 85.54% of the company’s stock.

uCloudlink Group Company Profile

uCloudlink Group Inc operates as a mobile data traffic sharing marketplace in the telecommunications industry. The company provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies.