Universal Display Stock Short Ratio
| OLED Stock | USD 168.41 1.35 0.81% |
Universal Display fundamentals help investors to digest information that contributes to Universal Display's financial success or failures. It also enables traders to predict the movement of Universal Stock. The fundamental analysis module provides a way to measure Universal Display's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Universal Display stock.
Universal | Short Ratio |
Universal Display Company Short Ratio Analysis
Universal Display's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Universal Display Short Ratio | 3.97 X |
Most of Universal Display's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Universal Display is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Universal Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Universal Display is extremely important. It helps to project a fair market value of Universal Stock properly, considering its historical fundamentals such as Short Ratio. Since Universal Display's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Universal Display's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Universal Display's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Universal Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Universal Display has a Short Ratio of 3.97 times. This is 18.14% lower than that of the Semiconductors & Semiconductor Equipment sector and 18.31% lower than that of the Information Technology industry. This indicator is about the same for all United States stocks average (which is currently at 4.0).
Universal Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Universal Display's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Universal Display could also be used in its relative valuation, which is a method of valuing Universal Display by comparing valuation metrics of similar companies.Universal Display is currently under evaluation in short ratio category among its peers.
Universal Display Current Valuation Drivers
We derive many important indicators used in calculating different scores of Universal Display from analyzing Universal Display's financial statements. These drivers represent accounts that assess Universal Display's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Universal Display's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.7B | 10.8B | 7.8B | 5.1B | 9.1B | 9.6B | |
| Enterprise Value | 9.6B | 10.2B | 7.5B | 5.1B | 9.0B | 9.5B |
Universal Display ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Universal Display's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Universal Display's managers, analysts, and investors.Environmental | Governance | Social |
Universal Display 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.| 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 Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0914 | ||||
| Profit Margin | 0.37 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 7.46 B | ||||
| Shares Outstanding | 47.46 M | ||||
| Shares Owned By Insiders | 7.78 % | ||||
| Shares Owned By Institutions | 86.81 % | ||||
| Number Of Shares Shorted | 1.71 M | ||||
| Price To Earning | 38.39 X | ||||
| Price To Book | 5.04 X | ||||
| Price To Sales | 12.42 X | ||||
| Revenue | 576.43 M | ||||
| Gross Profit | 479.52 M | ||||
| EBITDA | 260.59 M | ||||
| Net Income | 203.01 M | ||||
| Cash And Equivalents | 653.35 M | ||||
| Cash Per Share | 13.83 X | ||||
| Total Debt | 22.86 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 6.01 X | ||||
| Book Value Per Share | 33.43 X | ||||
| Cash Flow From Operations | 154.78 M | ||||
| Short Ratio | 3.97 X | ||||
| Earnings Per Share | 4.98 X | ||||
| Price To Earnings To Growth | 1.12 X | ||||
| Target Price | 215.66 | ||||
| Number Of Employees | 456 | ||||
| Beta | 1.43 | ||||
| Market Capitalization | 7.99 B | ||||
| Total Asset | 1.67 B | ||||
| Retained Earnings | 789.55 M | ||||
| Working Capital | 798.31 M | ||||
| Current Asset | 447.68 M | ||||
| Current Liabilities | 34.51 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.32 % | ||||
| Net Asset | 1.67 B | ||||
| Last Dividend Paid | 1.55 |
About Universal Display Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Universal Display's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Universal Display using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Universal Display based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Universal Display Piotroski F Score and Universal Display Altman Z Score analysis. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
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.