Core Insights - Investors in the Electronics - Miscellaneous Products sector should consider Universal Electronics (UEIC) and Garmin (GRMN) for potential value opportunities [1] Valuation Metrics - Universal Electronics has a forward P/E ratio of 15.07, while Garmin has a forward P/E of 27.98 [5] - UEIC has a PEG ratio of 1, indicating a favorable expected EPS growth rate, compared to Garmin's PEG ratio of 1.30 [5] - UEIC's P/B ratio is 0.83, significantly lower than Garmin's P/B of 5.48, suggesting that UEIC is undervalued relative to its book value [6] Zacks Rank and Value Grades - Universal Electronics holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Garmin has a Zacks Rank of 3 (Hold) [3] - UEIC has a Value grade of B, whereas Garmin has a Value grade of D, reflecting stronger valuation metrics for UEIC [6][7] Conclusion - Given the stronger estimate revision activity and more attractive valuation metrics, Universal Electronics is positioned as the superior option for value investors at this time [7]
UEIC vs. GRMN: Which Stock Should Value Investors Buy Now?