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Added to YB: 2024-06-28

Pitch date: 2024-04-11

OLED [bullish]

Universal Display Corporation

-25.74%

current return

Author Info

No bio for this author

Company Info

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally.

Market Cap

$6.8B

Pitch Price

$159.13

Price Target

N/A

Dividend

1.12%

EV/EBITDA

20.75

P/E

28.62

EV/Sales

9.69

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
TimesSquare Capital Global Small Cap Portfolio Holding: Universal Display Corporation

OLED: -12% on weak revenue, but higher margins beat EPS. 50%+ smartphone OLED penetration, expect sales recovery later 2023. Nascent OLED adoption in PCs/tablets offers growth potential. Tech used in mid-priced devices. Even small increases in new markets could drive significant growth for Universal Display.

Read full article (1 min)