Is Universal Display Stock a Good Investment?
Universal Display Investment Advice | OLED |
- Examine Universal Display's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Universal Display's leadership team and their track record. Good management can help Universal Display navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Universal Display's business and its evolving consumer preferences.
- Compare Universal Display's performance and market position to its competitors. Analyze how Universal Display is positioned in terms of product offerings, innovation, and market share.
- Check if Universal Display pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Universal Display's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Universal Display stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Universal Display is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Universal Display Stock
Researching Universal Display's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are owned by institutional investors. The book value of Universal Display was now reported as 33.43. The company has Price/Earnings To Growth (PEG) ratio of 1.08. Universal Display last dividend was issued on the 17th of December 2024.
To determine if Universal Display is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Universal Display's research are outlined below:
| Universal Display generated a negative expected return over the last 90 days | |
| Universal Display is unlikely to experience financial distress in the next 2 years | |
| Universal Display has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Market Analysis NVIDIA And Competitors In Semiconductors Semiconductor Equipment Industry |
Universal Display uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Universal Display. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Universal Display's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Universal Display's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Universal Display's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-11-03 | 2016-09-30 | -0.04 | -0.03 | 0.01 | 25 | ||
2013-05-09 | 2013-03-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2015-05-07 | 2015-03-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2014-11-06 | 2014-09-30 | 0.07 | 0.09 | 0.02 | 28 | ||
2008-11-06 | 2008-09-30 | -0.13 | -0.15 | -0.02 | 15 | ||
2008-05-08 | 2008-03-31 | -0.1 | -0.12 | -0.02 | 20 | ||
2008-03-13 | 2007-12-31 | -0.07 | -0.09 | -0.02 | 28 | ||
2007-05-09 | 2007-03-31 | -0.13 | -0.15 | -0.02 | 15 |
Know Universal Display's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Universal Display is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Universal Display backward and forwards among themselves. Universal Display's institutional investor refers to the entity that pools money to purchase Universal Display's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 607.2 K | Norges Bank | 2024-06-30 | 523 K | Greenhouse Funds Lllp | 2024-06-30 | 508.3 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 445.9 K | Hovey Youngman Associates Inc | 2024-09-30 | 439.9 K | Neuberger Berman Group Llc | 2024-06-30 | 434.8 K | Hhg Plc | 2024-06-30 | 433.9 K | Jennison Associates Llc | 2024-09-30 | 432.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 424.1 K | Vanguard Group Inc | 2024-09-30 | 4.7 M | Blackrock Inc | 2024-06-30 | 4.1 M |
Universal Display's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.65 B.Market Cap |
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Universal Display's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.12 | 0.13 | |
| Return On Equity | 0.14 | 0.15 |
Determining Universal Display's profitability involves analyzing its financial statements and using various financial metrics to determine if Universal Display is a good buy. For example, gross profit margin measures Universal Display's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Universal Display's profitability and make more informed investment decisions.
Universal Display's Earnings Breakdown by Geography
Please note, the presentation of Universal Display's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Universal Display's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Universal Display's management manipulating its earnings.
Evaluate Universal Display's management efficiency
Universal Display has return on total asset (ROA) of 0.0914 % which means that it generated a profit of $0.0914 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1603 %, meaning that it created $0.1603 on every $100 dollars invested by stockholders. Universal Display's management efficiency ratios could be used to measure how well Universal Display manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.14. The current year's Return On Capital Employed is expected to grow to 0.15. At present, Universal Display's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 84.4 M, whereas Deferred Long Term Asset Charges is forecasted to decline to about 20.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.43 | 31.95 | |
| Tangible Book Value Per Share | 28.06 | 29.46 | |
| Enterprise Value Over EBITDA | 34.64 | 36.37 | |
| Price Book Value Ratio | 6.29 | 4.29 | |
| Enterprise Value Multiple | 34.64 | 36.37 | |
| Price Fair Value | 6.29 | 4.29 | |
| Enterprise Value | 9 B | 9.5 B |
Universal Display benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Dividend Yield 0.0099 | Forward Dividend Yield 0.0099 | Forward Dividend Rate 1.6 | Beta 1.432 |
Basic technical analysis of Universal Stock
As of the 29th of November, Universal Display has the Coefficient Of Variation of (1,234), risk adjusted performance of (0.06), and Variance of 6.03. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Universal Display, as well as the relationship between them. Please validate Universal Display standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Universal Display is priced more or less accurately, providing market reflects its prevalent price of 164.52 per share. Given that Universal Display has information ratio of (0.13), we advise you to double-check Universal Display's current market performance to make sure the company can sustain itself at a future point.Universal Display's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Universal Display insiders, such as employees or executives, is commonly permitted as long as it does not rely on Universal Display's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Universal Display insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Universal Display's Outstanding Corporate Bonds
Universal Display issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Universal Display uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Universal bonds can be classified according to their maturity, which is the date when Universal Display has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Universal Display's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Universal Display's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (1,234) | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.03 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 15.98 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 3.04 | |||
| Skewness | (1.58) | |||
| Kurtosis | 5.51 |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (1,234) | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.03 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 15.98 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 3.04 | |||
| Skewness | (1.58) | |||
| Kurtosis | 5.51 |
Consider Universal Display's intraday indicators
Universal Display intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Universal Display stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 7857.74 | |||
| Daily Balance Of Power | 0.8375 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 163.67 | |||
| Day Typical Price | 163.95 | |||
| Price Action Indicator | 2.53 | |||
| Period Momentum Indicator | 3.35 |
Universal Display Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 10th of September 2024 An amended filing to the original Schedule 13G | ViewVerify |
Universal Stock media impact
Far too much social signal, news, headlines, and media speculation about Universal Display that are available to investors today. That information is available publicly through Universal media outlets and privately through word of mouth or via Universal internal channels. However, regardless of the origin, that massive amount of Universal data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Universal Display news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Universal Display relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Universal Display's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Universal Display alpha.
Universal Display Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Universal Display can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Universal Display Historical Investor Sentiment
Investor biases related to Universal Display's public news can be used to forecast risks associated with an investment in Universal. The trend in average sentiment can be used to explain how an investor holding Universal can time the market purely based on public headlines and social activities around Universal Display. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Universal Display's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Universal Display and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Universal Display news discussions. The higher the estimate score, the more favorable the investor's outlook on Universal Display.
Universal Display Corporate Executives
Elected by the shareholders, the Universal Display's board of directors comprises two types of representatives: Universal Display inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Universal. The board's role is to monitor Universal Display's management team and ensure that shareholders' interests are well served. Universal Display's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Universal Display's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian CPA | CFO VP | Profile | |
| Julia Brown | CTO, Sr. VP and Member of Scientific Advisory Board | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Display. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Display listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.299 | Dividend Share 1.55 | Earnings Share 4.98 | Revenue Per Share 13.536 | Quarterly Revenue Growth 0.146 |
The market value of Universal Display is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Display's value that differs from its market value or its book value, called intrinsic value, which is Universal Display's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Display's market value can be influenced by many factors that don't directly affect Universal Display's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Universal Display's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Universal Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Display's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.