Universal Display Stock Today

OLED Stock  USD 152.96  0.99  0.65%   

Performance

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Odds Of Distress

Less than 3

 
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Universal Display is trading at 152.96 as of the 19th of April 2024, a 0.65 percent increase since the beginning of the trading day. The stock's lowest day price was 150.32. Universal Display has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Universal Display are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
14th of May 1992
Category
Technology
Classification
Information Technology
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode technologies and materials for use in display and solid-state lighting applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey. The company has 47.37 M outstanding shares of which 908.48 K shares are now shorted by private and institutional investors with about 2.8 trading days to cover. More on Universal Display

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Universal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Universal Display's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Universal Display or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorSteven Abramson
Thematic Ideas
(View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Recreation, Tech Growth, Information Technology, Semiconductors & Semiconductor Equipment, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Universal Display report their recommendations after researching Universal Display's financial statements, talking to executives and customers, or listening in on Universal Display's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Universal Display. The Universal consensus assessment is calculated by taking the average forecast from all of the analysts covering Universal Display.
Financial Strength
Based on the key measurements obtained from Universal Display's financial statements, Universal Display is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Universal Display is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.3454
Sufficiently Up
Slightly volatile
Gross Profit Margin1.070.7651
Significantly Up
Pretty Stable
Total Current Liabilities124.8 M118.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total108.1 M102.9 M
Sufficiently Up
Slightly volatile
Total Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Assets963 M917.1 M
Sufficiently Up
Slightly volatile
Universal Display's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Universal Display's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Universal Display's financial leverage. It provides some insight into what part of Universal Display's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Universal Display's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Universal Display deploys its capital and how much of that capital is borrowed.
Liquidity
Universal Display cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 22.86 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Universal Display has a current ratio of 5.89, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Universal Display until it has trouble settling it off, either with new capital or with free cash flow. So, Universal Display's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Universal Display sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Universal to invest in growth at high rates of return. When we think about Universal Display's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

26.97 Million
Universal Display (OLED) is traded on NASDAQ Exchange in USA. It is located in 250 Phillips Boulevard, Ewing, NJ, United States, 08618 and employs 456 people. Universal Display is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Universal Display's market, we take the total number of its shares issued and multiply it by Universal Display's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Universal Display conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 47.37 M outstanding shares of which 908.48 K shares are now shorted by private and institutional investors with about 2.8 trading days to cover. Universal Display currently holds about 653.35 M in cash with 154.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.83.
Check Universal Display Probability Of Bankruptcy
Ownership Allocation
Universal Display maintains a total of 47.37 Million outstanding shares. The majority of Universal Display outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Universal Display to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Universal Display. Please pay attention to any change in the institutional holdings of Universal Display as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Universal Ownership Details

Universal Stock Price Odds Analysis

What are Universal Display's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Universal Display jumping above the current price in 90 days from now is about 98.0%. The Universal Display probability density function shows the probability of Universal Display stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4661. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Universal Display will likely underperform. Additionally, universal Display has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 152.96HorizonTargetOdds Above 152.96
1.91%90 days
 152.96 
98.06%
Based on a normal probability distribution, the odds of Universal Display to move above the current price in 90 days from now is about 98.0 (This Universal Display probability density function shows the probability of Universal Stock to fall within a particular range of prices over 90 days) .

Universal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Universal Display that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Display's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Universal Display's value.
InstituionRecorded OnShares
Copeland Capital Management, Llc2023-12-31
544.8 K
Norges Bank2023-12-31
528.5 K
Hovey Youngman Associates Inc2023-12-31
511.6 K
First Trust Advisors L.p.2023-12-31
449.6 K
Bank Of New York Mellon Corp2023-12-31
422.8 K
Northern Trust Corp2023-12-31
415 K
Neuberger Berman Group Llc2023-12-31
406.1 K
Hardman Johnston Global Advisors Llc2023-12-31
383 K
Point72 Asset Management, L.p.2023-09-30
366.4 K
Vanguard Group Inc2023-12-31
4.5 M
Blackrock Inc2023-12-31
M
View Universal Display Diagnostics

Universal Display Historical Income Statement

Universal Display Income Statement is one of the three primary financial statements used for reporting Universal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Universal Display revenue and expense. Universal Display Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Universal Display's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 463.1 M, whereas Net Income From Continuing Ops is forecasted to decline to about 103.8 M. View More Fundamentals

Universal Stock Against Markets

Picking the right benchmark for Universal Display stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Universal Display stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Universal Display is critical whether you are bullish or bearish towards Universal Display at a given time. Please also check how Universal Display's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Universal Display without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Universal Display Corporate Directors

Universal Display corporate directors refer to members of an Universal Display board of directors. The board of directors generally takes responsibility for the Universal Display's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Universal Display's board members must vote for the resolution. The Universal Display board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Leonard BeckerIndependent DirectorProfile
Sidney RosenblattCFO, Executive VP, Treasurer, Secretary and DirectorProfile
Rosemarie GrecoDirectorProfile
Lawrence LacerteIndependent DirectorProfile

How to buy Universal Stock?

Before investing in Universal Display, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Universal Display. To buy Universal Display stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Universal Display. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Universal Display stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Universal Display stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Universal Display stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Universal Display, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Universal Stock please use our How to Invest in Universal Display guide.

Already Invested in Universal Display?

The danger of trading Universal Display is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Universal Display is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Universal Display. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Universal Display is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Universal Display is a strong investment it is important to analyze Universal Display's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
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 tightly coupled 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.
Note that the Universal Display information on this page should be used as a complementary analysis to other Universal Display's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Universal Display's price analysis, check to measure Universal Display's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Display is operating at the current time. Most of Universal Display's value examination focuses on studying past and present price action to predict the probability of Universal Display's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Display's price. Additionally, you may evaluate how the addition of Universal Display to your portfolios can decrease your overall portfolio volatility.
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Is Universal Display's industry 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
(0.05)
Dividend Share
1.4
Earnings Share
4.24
Revenue Per Share
12.12
Quarterly Revenue Growth
(0.06)
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.
Please note, there is a significant difference between Universal Display's value and its price as these two are different measures arrived at by different 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.