Universal Display

Company Profile

Universal Display had its IPO on 1992-05-14 under the ticker symbol OLED.

The company operates in the Technology sector and Electronic Components industry. Universal Display has a staff strength of 443 employees.

Stock update

Shares of Universal Display opened at $157.68 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $157.68 - $161.7, and closed at $159.78.

This is a +1.08% increase from the previous day's closing price.

A total volume of 307,886 shares were traded at the close of the day’s session.

In the last one week, shares of Universal Display have slipped by -2.66%.

Universal Display's Key Ratios

Universal Display has a market cap of $7.48 billion, indicating a price to book ratio of 4.5361 and a price to sales ratio of 8.8836.

In the last 12-months Universal Display’s revenue was $606.62 million with a gross profit of $479.52 million and an EBITDA of $295.39 million. The EBITDA ratio measures Universal Display's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Universal Display’s operating margin was 42.13% while its return on assets stood at 10.51% with a return of equity of 16.62%.

In Q2, Universal Display’s quarterly earnings growth was a positive 19.4% while revenue growth was a positive 7.3%.

Universal Display’s PE and PEG Ratio

Forward PE

28.9017

Trailing PE

36.3402

PEG

0.9625

Its diluted EPS in the last 12-months stands at $4.35 per share while it has a forward price to earnings multiple of 28.9017 and a PEG multiple of 0.9625. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Universal Display’s profitability.

Universal Display stock is trading at a EV to sales ratio of 8.1386 and a EV to EBITDA ratio of 17.0154. Its price to sales ratio in the trailing 12-months stood at 8.8836.

Universal Display stock pays annual dividends of $1.3 per share, indicating a yield of 0.88% and a payout ratio of 31.03%.

Balance sheet and cash flow metrics

Total Assets

$1.54 billion

Total Liabilities

$80.73 million

Operating Cash Flow

$-58153000.00

Capital Expenditure

$84.19 million

Dividend Payout Ratio

31.03%

Universal Display ended 2024 with $1.54 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.54 billion while shareholder equity stood at $1.34 billion.

Universal Display ended 2024 with $18.41 million in deferred long-term liabilities, $80.73 million in other current liabilities, 487000.00 in common stock, $709.37 million in retained earnings and $15.54 million in goodwill. Its cash balance stood at $93.47 million and cash and short-term investments were $559.15 million. The company’s total short-term debt was $35,072,000 while long-term debt stood at $0.

Universal Display’s total current assets stands at $878.15 million while long-term investments were $211.36 million and short-term investments were $465.68 million. Its net receivables were $109.39 million compared to accounts payable of $7.33 million and inventory worth $175.86 million.

In 2024, Universal Display's operating cash flow was $-58153000.00 while its capital expenditure stood at $84.19 million.

Comparatively, Universal Display paid $0.31 in dividends in 2024.

Other key metrics

Current Trading Price

$159.78

52-Week High

$166.57

52-Week Low

$88.739

Analyst Target Price

$158.13

Universal Display stock is currently trading at $159.78 per share. It touched a 52-week high of $166.57 and a 52-week low of $166.57. Analysts tracking the stock have a 12-month average target price of $158.13.

Its 50-day moving average was $150.18 and 200-day moving average was $137.7 The short ratio stood at 4.2 indicating a short percent outstanding of 0%.

Around 812.7% of the company’s stock are held by insiders while 7978.1% are held by institutions.