Universal Display Corporation (NASDAQ: OLED) is one of 24 publicly-traded companies in the “Integrated Circuits” industry, but how does it compare to its peers? We will compare Universal Display Corporation to similar businesses based on the strength of its risk, institutional ownership, profitability, dividends, earnings, analyst recommendations and valuation.
Valuation and Earnings
This table compares Universal Display Corporation and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Universal Display Corporation||$262.87 million||$131.26 million||76.33|
|Universal Display Corporation Competitors||$618.04 million||$157.40 million||17.36|
Universal Display Corporation’s peers have higher revenue and earnings than Universal Display Corporation. Universal Display Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
This table compares Universal Display Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Universal Display Corporation||31.15%||14.90%||12.72%|
|Universal Display Corporation Competitors||-7.42%||-8.48%||-2.79%|
Institutional & Insider Ownership
64.3% of Universal Display Corporation shares are held by institutional investors. Comparatively, 59.5% of shares of all “Integrated Circuits” companies are held by institutional investors. 5.7% of Universal Display Corporation shares are held by company insiders. Comparatively, 15.5% of shares of all “Integrated Circuits” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Risk and Volatility
Universal Display Corporation has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500. Comparatively, Universal Display Corporation’s peers have a beta of 0.85, indicating that their average stock price is 15% less volatile than the S&P 500.
This is a summary of current ratings and recommmendations for Universal Display Corporation and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Universal Display Corporation||0||5||6||0||2.55|
|Universal Display Corporation Competitors||86||448||945||65||2.64|
Universal Display Corporation currently has a consensus price target of $117.88, suggesting a potential downside of 10.73%. As a group, “Integrated Circuits” companies have a potential upside of 9.39%. Given Universal Display Corporation’s peers stronger consensus rating and higher probable upside, analysts clearly believe Universal Display Corporation has less favorable growth aspects than its peers.
Universal Display Corporation pays an annual dividend of $0.12 per share and has a dividend yield of 0.1%. Universal Display Corporation pays out 6.9% of its earnings in the form of a dividend. As a group, “Integrated Circuits” companies pay a dividend yield of 0.7% and pay out 24.6% of their earnings in the form of a dividend.
Universal Display Corporation peers beat Universal Display Corporation on 8 of the 15 factors compared.
About Universal Display Corporation
Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED), technologies and materials for use in display and solid-state lighting applications. The Company also supplies its OLED materials to manufacturers of OLED displays and lighting products for evaluation and for use in product development and for pre-commercial activities, and it also provides technical assistance and support to these manufacturers. The Company has produced and sold phosphorescent emitter materials that produce red, yellow, green and light-blue light, which are combined in various ways for the display and lighting markets. It has also developed host materials for the emissive layer. The Company is a supplier of phosphorescent emitter materials to OLED product manufacturers. Phosphorescent OLEDs utilize specialized materials and device structures that allow OLEDs to emit light through a process known as phosphorescence.
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