Universal Display Stock Buy Hold or Sell Recommendation
| OLED Stock | USD 152.22 2.41 1.61% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Universal Display is 'Strong Hold'. Macroaxis provides Universal Display buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OLED positions. The advice algorithm takes into account all of Universal Display's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Universal Display's buy or sell advice are summarized below:
Real Value 169.03 | Target Price 177.82 | Hype Value 152.23 | Market Value 152.22 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Universal Display given historical horizon and risk tolerance towards Universal Display. When Macroaxis issues a 'buy' or 'sell' recommendation for Universal Display, the advice is generated through an automated system that utilizes algorithms and statistical models.
Universal |
Execute Universal Display Buy or Sell Advice
The Universal recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Universal Display. Macroaxis does not own or have any residual interests in Universal Display or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Universal Display's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | 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 | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Universal Display Trading Alerts and Improvement Suggestions
| Universal Display generated a negative expected return over the last 90 days | |
| Universal Display has a strong financial position based on the latest SEC filings | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: Universal Display Corporation Receives 2024 Outstanding Strategic Partner Award from BOE |
Universal Display Returns Distribution Density
The distribution of Universal Display's historical returns is an attempt to chart the uncertainty of Universal Display's future price movements. The chart of the probability distribution of Universal Display daily returns describes the distribution of returns around its average expected value. We use Universal Display price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Universal Display returns is essential to provide solid investment advice for Universal Display.
| Mean Return | -0.23 | Value At Risk | -2.78 | Potential Upside | 2.96 | Standard Deviation | 1.95 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Universal Display historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Universal Stock 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 originates 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 | Copeland Capital Management, Llc | 2023-12-31 | 544.8 K | Norges Bank | 2023-12-31 | 528.5 K | Hovey Youngman Associates Inc | 2023-12-31 | 511.6 K | First Trust Advisors L.p. | 2023-12-31 | 449.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 422.8 K | Northern Trust Corp | 2023-12-31 | 415 K | Neuberger Berman Group Llc | 2023-12-31 | 406.1 K | Hardman Johnston Global Advisors Llc | 2023-12-31 | 383 K | Point72 Asset Management, L.p. | 2023-09-30 | 366.4 K | Vanguard Group Inc | 2023-12-31 | 4.5 M | Blackrock Inc | 2023-12-31 | 4 M |
Universal Display Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (79.4M) | 498.4M | (318.0M) | (218.6M) | (1.4M) | (1.4M) | |
| Free Cash Flow | 163.5M | 120.7M | 147.6M | 79.6M | 28.4M | 27.0M | |
| Other Non Cash Items | (130.3M) | (182.2M) | (213.5M) | 5.8M | (8.5M) | (8.9M) | |
| Capital Expenditures | 30.5M | 28.1M | 43.6M | 47.2M | 126.4M | 132.7M | |
| Net Income | 138.3M | 133.4M | 184.2M | 210.1M | 203.0M | 213.2M | |
| End Period Cash Flow | 131.6M | 630.0M | 312.0M | 93.4M | 92.0M | 93.9M | |
| Depreciation | 34.4M | 37.2M | 42.0M | 42.3M | 43.4M | 45.6M | |
| Change To Inventory | 109K | (28.8M) | (46.1M) | (49.1M) | 7.4M | 7.8M | |
| Investments | (208.3M) | 419.3M | (414.2M) | (280.7M) | (158.3M) | (150.4M) | |
| Change To Netincome | (118.3M) | 30.6M | 50.5M | 15.2M | 17.5M | 9.7M | |
| Dividends Paid | 18.9M | 28.4M | 37.9M | 57.0M | 66.7M | 70.1M |
Universal Display Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Universal Display or Semiconductors & Semiconductor Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Universal Display's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Universal stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.35 | |
β | Beta against NYSE Composite | 1.37 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | -0.16 |
Universal Display Volatility Alert
Universal Display exhibits very low volatility with skewness of -0.82 and kurtosis of 2.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Universal Display's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Universal Display's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Universal Display Fundamentals Vs Peers
Comparing Universal Display's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Universal Display's direct or indirect competition across all of the common fundamentals between Universal Display and the related equities. This way, we can detect undervalued stocks with similar characteristics as Universal Display or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Universal Display's fundamental indicators could also be used in its relative valuation, which is a method of valuing Universal Display by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Universal Display to competition |
| Fundamentals | Universal Display | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0848 | -0.14 |
| Profit Margin | 0.35 % | (1.27) % |
| Operating Margin | 0.41 % | (5.51) % |
| Current Valuation | 6.72 B | 16.62 B |
| Shares Outstanding | 47.37 M | 571.82 M |
| Shares Owned By Insiders | 7.70 % | 10.09 % |
| Shares Owned By Institutions | 81.93 % | 39.21 % |
| Number Of Shares Shorted | 908.48 K | 4.71 M |
| Price To Earning | 38.39 X | 28.72 X |
| Price To Book | 5.23 X | 9.51 X |
| Price To Sales | 13.14 X | 11.42 X |
| Revenue | 576.43 M | 9.43 B |
| Gross Profit | 479.52 M | 27.38 B |
| EBITDA | 260.59 M | 3.9 B |
| Net Income | 203.01 M | 570.98 M |
| Cash And Equivalents | 653.35 M | 2.7 B |
| Cash Per Share | 13.83 X | 5.01 X |
| Total Debt | 22.86 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 6.01 X | 2.16 X |
| Book Value Per Share | 30.55 X | 1.93 K |
| Cash Flow From Operations | 154.78 M | 971.22 M |
| Short Ratio | 2.80 X | 4.00 X |
| Earnings Per Share | 4.25 X | 3.12 X |
| Price To Earnings To Growth | 1.04 X | 4.89 X |
| Target Price | 204.11 | |
| Number Of Employees | 456 | 18.84 K |
| Beta | 1.45 | -0.15 |
| Market Capitalization | 7.21 B | 19.03 B |
| Total Asset | 1.67 B | 29.47 B |
| Retained Earnings | 789.55 M | 9.33 B |
| Working Capital | 798.31 M | 1.48 B |
Note: Acquisition by Sidney Rosenblatt of 314 shares of Universal Display subject to Rule 16b-3 [view details]
Universal Display Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Universal . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Universal Display Buy or Sell Advice
When is the right time to buy or sell Universal Display? Buying financial instruments such as Universal Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 187.9M | 135.7M | 118.8M | 124.8M | Other Current Liabilities | 6.6M | 76.8M | 8.1M | 7.0M |
Use Investing Ideas to Build Portfolios
In addition to having Universal Display in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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Check out Universal Display Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Universal Stock analysis
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 4.25 | 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.