View ValuationUniversal Display 향후 성장Future 기준 점검 2/6Universal Display은 연간 수입과 매출이 각각 8.7%와 8.3% 증가할 것으로 예상되고 EPS는 연간 9%만큼 증가할 것으로 예상됩니다.핵심 정보8.7%이익 성장률8.95%EPS 성장률Semiconductor 이익 성장30.4%매출 성장률8.3%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트14 May 2026최근 향후 성장 업데이트공시 • May 03+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for the Full Year 2026Universal Display Corporation revised earnings guidance for the full year 2026. For the period, the company expects revenue will be in the range of $630 million to $670 million, down from prior guidance of $650 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.공시 • Nov 07+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for 2025Universal Display Corporation revised earnings guidance for 2025. The Company now believes that 2025 revenue will be around the lower end of its previous guidance range of $650 million to $700 million.공시 • Aug 01+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for 2025Universal Display Corporation revised revenue guidance for 2025. While the evolving macroeconomic environment this year creates continued uncertainty, the Company has increased the lower end of its previous revenue guidance and believes that 2025 revenue will be in the range of $650 million to $700 million.공시 • Feb 21Universal Display Corporation Provides Revenue Guidance for the Year 2025Universal Display Corporation provided revenue guidance for the year 2025. The Company believes that its 2025 revenue will be in the range of $640 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.공시 • Nov 02Universal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. With recent updates to customer order expectations for the fourth quarter, the company are lowering 2024 revenue forecast range to $625 million to $645 million.공시 • Aug 02+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. For the year, the company has increased the lower end of its previous revenue guidance and believes that 2024 revenue will be in the range of $645 million to $675 million.모든 업데이트 보기Recent updatesDeclared Dividend • May 20First quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 37% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 03+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for the Full Year 2026Universal Display Corporation revised earnings guidance for the full year 2026. For the period, the company expects revenue will be in the range of $630 million to $670 million, down from prior guidance of $650 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.공시 • Apr 24Universal Display Corporation, Annual General Meeting, Jun 18, 2026Universal Display Corporation, Annual General Meeting, Jun 18, 2026.공시 • Apr 14Universal Display Corporation to Report Q1, 2026 Results on Apr 30, 2026Universal Display Corporation announced that they will report Q1, 2026 results After-Market on Apr 30, 2026공시 • Feb 20Universal Display Corporation Increases Cash Dividend for the First Quarter of 2026, Payable on March 31, 2026Universal Display Corporation announced that its Board of Directors approved an increased cash dividend of $0.50 per share on the Company's common stock for the first quarter of 2026, up from the previous quarter’s dividend of $0.45 per share. The dividend is payable on March 31, 2026, to shareholders of record on March 17, 2026. The dividend reflects expected continued cash flow generation, and commitment to return capital to shareholders. Future dividends will be subject to Board approval.공시 • Jan 27Universal Display Corporation to Report Q4, 2025 Results on Feb 19, 2026Universal Display Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 19, 2026공시 • Nov 07+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for 2025Universal Display Corporation revised earnings guidance for 2025. The Company now believes that 2025 revenue will be around the lower end of its previous guidance range of $650 million to $700 million.공시 • Oct 14Universal Display Corporation to Report Q3, 2025 Results on Nov 06, 2025Universal Display Corporation announced that they will report Q3, 2025 results After-Market on Nov 06, 2025공시 • Aug 01+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for 2025Universal Display Corporation revised revenue guidance for 2025. While the evolving macroeconomic environment this year creates continued uncertainty, the Company has increased the lower end of its previous revenue guidance and believes that 2025 revenue will be in the range of $650 million to $700 million.공시 • Jul 15Universal Display Corporation to Report Q2, 2025 Results on Jul 31, 2025Universal Display Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025공시 • Jun 30+ 6 more updatesUniversal Display Corporation(NasdaqGS:OLED) dropped from Russell 3000E Growth IndexUniversal Display Corporation(NasdaqGS:OLED) dropped from Russell 3000E Growth Index공시 • May 02+ 2 more updatesUniversal Display Corporation (NasdaqGS:OLED) announces an Equity Buyback for $100 million worth of its shares.Universal Display Corporation (NasdaqGS:OLED) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its common stock. The repurchases under this program will be funded from the Company’s existing cash and investments or future cash flow. The program will be effective immediately and repurchase program has no time limit.공시 • Apr 28Universal Display Corporation, Annual General Meeting, Jun 18, 2025Universal Display Corporation, Annual General Meeting, Jun 18, 2025.공시 • Apr 15Universal Display Corporation to Report Q1, 2025 Results on May 01, 2025Universal Display Corporation announced that they will report Q1, 2025 results After-Market on May 01, 2025공시 • Feb 23Universal Display Corporation Announces Dividend for the First Quarter of 2025, Payable on March 31, 2025Universal Display Corporation announced that its Board of Directors approved an increased cash dividend of $0.45 per share on the Company's common stock for the first quarter of 2025, up from the previous quarter’s dividend of $0.40 per share. The dividend is payable on March 31, 2025, to shareholders of record on March 17, 2025.공시 • Feb 21Universal Display Corporation Provides Revenue Guidance for the Year 2025Universal Display Corporation provided revenue guidance for the year 2025. The Company believes that its 2025 revenue will be in the range of $640 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.공시 • Jan 28Universal Display Corporation to Report Q4, 2024 Results on Feb 20, 2025Universal Display Corporation announced that they will report Q4, 2024 results After-Market on Feb 20, 2025공시 • Dec 18Universal Display Corporation Appoints April E. Walker as New Board Member, Effective January 1, 2025Universal Display Corporation announced that April E. Walker has joined the Company’s Board of Directors, effective January 1, 2025. The addition of this new director will expand UDC’s Board to 11 members. April E. Walker is a global leader in the technology industry, known for her passion for digital innovation and transformation, and her knowledge of the strategic adoption of artificial intelligence. With more than 30 years of leadership experience at leading tech and enterprise companies, including Microsoft, MetLife, NBCUniversal, and Salesforce, Ms. Walker has a strong blend of expertise in business strategy, customer experience, technology, sales, and operations. Currently, she is a strategic advisor, columnist, thought leader, and speaker on emerging technology and industry transformation. She serves as an advisory board member for the Drexel University Solutions Institute and an Adjunct Professor for Drexel’s Executive MBA program. Ms. Walker holds an MBA from the MIT Sloan School of Management and specialized executive certifications in Artificial Intelligence, as well as Data Science and Machine Learning (ML), from the MIT Schwarzman College of Computing. Additionally, she has an MS in Engineering Management from The George Washington University School of Engineering and Applied Science. Ms. Walker also serves on the Board of Sangoma Technologies Corporation.공시 • Dec 06Universal Display Corporation Closes Its Location in Santa ClaraUniversal Display Corporation will be closing its location in Santa Clara, California.공시 • Dec 05Universal Display Corporation Announces the Appointment of Chandran Nair as Chief Executive Officer of its Newly Formed SubsidiaryUniversal Display Corporation announced that Chandran Nair has been appointed Chief Executive Officer of newly formed subsidiary, which will be headquartered in Singapore and responsible for UDC’s OVJP operations, effective December 2, 2024. Mr. Nair brings extensive leadership experience of more than 26 years, together with his established operational expertise in global technology and equipment companies across Asia, Europe and the United States, to lead the next phase for OVJP (organic vapor jet printing). Previously, Mr. Nair was President & Chief Executive Officer at AEM Holdings, a Singaporean multinational technology company. Prior to joining AEM, Mr. Nair was President of the Robotics and Autonomous Systems Business Unit at ST Engineering and before that, he was Managing Director and Vice President of Sales & Marketing for Asia Pacific (APAC) at National Instruments (NI). During his tenure at NI, Mr. Nair was responsible for the successful expansion of its business throughout the APAC region to customers in a variety of major industries. Mr. Nair holds Master’s degrees in Mathematics from Arizona State University and Bangalore University, and a Bachelor of Science in Physics, Chemistry, Mathematics from Christ College, Bangalore University.Declared Dividend • Nov 04Third quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 17th December 2024 Payment date: 31st December 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 38% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 02Universal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. With recent updates to customer order expectations for the fourth quarter, the company are lowering 2024 revenue forecast range to $625 million to $645 million.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.40 (vs US$1.08 in 3Q 2023)Third quarter 2024 results: EPS: US$1.40 (up from US$1.08 in 3Q 2023). Revenue: US$161.6m (up 15% from 3Q 2023). Net income: US$66.7m (up 30% from 3Q 2023). Profit margin: 41% (up from 36% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year.공시 • Oct 31Universal Display Corporation Approves Fourth Quarter Cash Dividend, Payable on December 31, 2024Universal Display Corporation announced that its Board of Directors approved a fourth quarter cash dividend of $0.40 per share on the Company's common stock. The dividend is payable on December 31, 2024, to shareholders of record on December 17, 2024.공시 • Oct 15Universal Display Corporation to Report Q3, 2024 Results on Oct 30, 2024Universal Display Corporation announced that they will report Q3, 2024 results After-Market on Oct 30, 2024Upcoming Dividend • Sep 09Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.3%).Recent Insider Transactions • Sep 04Independent Director recently sold €881k worth of stockOn the 29th of August, Richard Elias sold around 5k shares on-market at roughly €174 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months.Declared Dividend • Aug 12Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 45% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 80% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Significant insider selling over the past 3 months (€3.0m sold).Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$1.10 (vs US$1.04 in 2Q 2023)Second quarter 2024 results: EPS: US$1.10 (up from US$1.04 in 2Q 2023). Revenue: US$158.5m (up 8.1% from 2Q 2023). Net income: US$52.3m (up 5.9% from 2Q 2023). Profit margin: 33% (in line with 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.공시 • Aug 02+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. For the year, the company has increased the lower end of its previous revenue guidance and believes that 2024 revenue will be in the range of $645 million to $675 million.공시 • Jul 16Universal Display Corporation to Report Q2, 2024 Results on Aug 01, 2024Universal Display Corporation announced that they will report Q2, 2024 results After-Market on Aug 01, 2024Upcoming Dividend • Jun 07Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (1.0%).Declared Dividend • May 13First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (138% cash payout ratio). The dividend has increased by an average of 45% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • May 12Executive VP & Chief Technical Officer recently sold €1.7m worth of stockOn the 8th of May, Julia Brown sold around 10k shares on-market at roughly €163 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.6m more than they bought in the last 12 months.Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$1.20 (vs US$0.83 in 1Q 2023)First quarter 2024 results: EPS: US$1.20 (up from US$0.83 in 1Q 2023). Revenue: US$165.3m (up 27% from 1Q 2023). Net income: US$56.9m (up 44% from 1Q 2023). Profit margin: 34% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • May 03+ 1 more updateUniversal Display Corporation Approves Second Quarter Cash Dividend, Payable on June 28, 2024Universal Display Corporation announced that its board of directors approved a second quarter cash dividend of $0.40 per share on the company's common stock. The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024.공시 • Apr 28Universal Display Corporation, Annual General Meeting, Jun 20, 2024Universal Display Corporation, Annual General Meeting, Jun 20, 2024, at 10:00 Eastern Standard Time. Agenda: To elect ten members of the Board of Directors to hold one-year terms; to approve an advisory resolution regarding executive officer compensation; to ratify the appointment of KPMG LLP as independent registered public accounting firm for 2024 and to transact such other business as may properly come before the meeting or any postponements or adjournments thereof.Buy Or Sell Opportunity • Apr 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €140. The fair value is estimated to be €177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.공시 • Apr 16Universal Display Corporation to Report Q1, 2024 Results on May 02, 2024Universal Display Corporation announced that they will report Q1, 2024 results After-Market on May 02, 2024공시 • Mar 08Universal Display Corporation Announces the Appointment of Dr. Nigel Brown and Dr. Joan Lau to the Board of DirectorsUniversal Display Corporation announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company’s Board of Directors, effective March 4, 2024. The addition of these new directors expands UDC’s Board to ten members. Nigel Brown has more than 25 years of experience in leadership and strategy in the pharmaceutical, biotechnology and contract research industries. Dr. Brown is the Founder and Chief Executive Officer of Princeton Healthcare Advisory, LLC, an advisory firm specializing in support for growth-focused investors in healthcare and life science sectors. Dr. Brown is an Advisor for Rothschild & Co., Five Arrows Managers LLP and previously served as General Partner for Trevi Health Capital, a healthcare-focused specialty investment firm, and held oversight and advisory roles for numerous organizations. Dr. Brown has extensive experience in acquisitions and strategic partnerships in the biomedical and technology sectors and is a skilled partner in facilitating investments and corporate transactions. Dr. Brown received his BA in Chemistry and PhD in Physiological Sciences from the University of Oxford and his MBA from The Open University. Dr. Brown also serves on the board for Inotiv Inc. Joan Lau has more than 20 years of experience in executive leadership and business development for biopharmaceutical, biotechnology and R&D-focused companies. Dr. Lau is the Co-Founder and Chief Executive Officer of Spirovant (previously called Talee Bio), a gene therapy company developing treatments and cures for respiratory diseases including cystic fibrosis. Dr. Lau is also an Adjunct Professor and Trustee at the University of Pennsylvania. Previously, Dr. Lau co-founded and served as Managing Partner at Militia Hill Ventures, which focuses on building and growing high-quality life science companies. Dr. Lau has also served as CEO for several venture-capital-backed biotech companies. Dr. Lau earned her MBA from the Wharton School of Business at the University of Pennsylvania, her PhD in Neuroscience from the University of Cincinnati College of Medicine, and her BS in Bioengineering from the University of Pennsylvania. Dr. Lau also serves on the boards for Brandywine Realty Trust and Rockwell Medical Inc.Upcoming Dividend • Mar 07Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.1%).Declared Dividend • Mar 04Fourth quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (267% cash payout ratio). The dividend has increased by an average of 45% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Mar 01Independent Director recently sold €1.1m worth of stockOn the 27th of February, Lawrence Lacerte sold around 7k shares on-market at roughly €158 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.4m more than they bought in the last 12 months.Reported Earnings • Feb 23Full year 2023 earnings released: EPS: US$4.27 (vs US$4.41 in FY 2022)Full year 2023 results: EPS: US$4.27 (down from US$4.41 in FY 2022). Revenue: US$576.4m (down 6.5% from FY 2022). Net income: US$203.0m (down 2.8% from FY 2022). Profit margin: 35% (up from 34% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Feb 23+ 1 more updateUniversal Display Corporation Provides Revenue Guidance for the Year 2024Universal Display Corporation provided revenue guidance for the year 2024. For the year, the company expects revenue will be in the range of $625 million to $675 million.공시 • Feb 06Universal Display Corporation to Report Q4, 2023 Results on Feb 22, 2024Universal Display Corporation announced that they will report Q4, 2023 results After-Market on Feb 22, 2024Upcoming Dividend • Dec 07Upcoming dividend of US$0.35 per share at 0.8% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (1.1%).공시 • Nov 04Universal Display Corporation Provides Revenue Guidance for the 2023Universal Display Corporation are revising revenue forecast by narrowing guidance to a range of $565 million to $590 million.공시 • Nov 03Universal Display Corporation Approves Cash Dividend for the Fourth Quarter, Payable on December 29, 2023Universal Display Corporation announced that its Board of Directors approved a fourth quarter cash dividend of $0.35 per share on the Company's common stock. The dividend is payable on December 29, 2023, to shareholders of record on December 15, 2023.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$1.08 (vs US$1.12 in 3Q 2022)Third quarter 2023 results: EPS: US$1.08 (down from US$1.12 in 3Q 2022). Revenue: US$141.1m (down 12% from 3Q 2022). Net income: US$51.5m (down 3.1% from 3Q 2022). Profit margin: 37% (up from 33% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공시 • Oct 17Universal Display Corporation to Report Q3, 2023 Results on Nov 02, 2023Universal Display Corporation announced that they will report Q3, 2023 results on Nov 02, 2023Recent Insider Transactions • Sep 10Senior VP of Planning recently sold €1.4m worth of stockOn the 6th of September, Mauro Premutico sold around 9k shares on-market at roughly €150 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months.Upcoming Dividend • Sep 07Upcoming dividend of US$0.35 per share at 0.9% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €148, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total loss to shareholders of 4.3% over the past three years.공시 • Aug 04+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for the Year 2023Universal Display Corporation revised revenue guidance for the year 2023. The Company has increased the lower end of its previous revenue guidance and believes that 2023 revenue will be in the range of $560 million to $600 million.Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$1.04 (vs US$0.87 in 2Q 2022)Second quarter 2023 results: EPS: US$1.04 (up from US$0.87 in 2Q 2022). Revenue: US$146.6m (up 7.3% from 2Q 2022). Net income: US$49.7m (up 20% from 2Q 2022). Profit margin: 34% (up from 30% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Jul 12Universal Display Corporation to Report Q2, 2023 Results on Aug 03, 2023Universal Display Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2023Recent Insider Transactions • Jun 13Executive VP & Chief Technical Officer recently sold €733k worth of stockOn the 7th of June, Julia Brown sold around 5k shares on-market at roughly €141 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months.Upcoming Dividend • Jun 08Upcoming dividend of US$0.35 per share at 0.9% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 30% and the cash payout ratio is 78%. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%).Recent Insider Transactions • May 12Independent Director recently sold €1.9m worth of stockOn the 9th of May, Lawrence Lacerte sold around 15k shares on-market at roughly €125 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €2.7m. Insiders have been net sellers, collectively disposing of €15m more than they bought in the last 12 months.Reported Earnings • May 06First quarter 2023 earnings released: EPS: US$0.83 (vs US$1.05 in 1Q 2022)First quarter 2023 results: EPS: US$0.83 (down from US$1.05 in 1Q 2022). Revenue: US$130.5m (down 13% from 1Q 2022). Net income: US$39.6m (down 20% from 1Q 2022). Profit margin: 30% (down from 33% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • May 05+ 1 more updateUniversal Display Corporation Announces Second Quarter Cash Dividend, Payable on June 30, 2023Universal Display Corporation announced a second quarter cash dividend of $0.35 per share on the company's common stock. The dividend is payable on June 30, 2023 to all shareholders of record on June 16, 2023.Upcoming Dividend • Mar 09Upcoming dividend of US$0.35 per share at 1.0% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (1.1%).Recent Insider Transactions • Mar 03Independent Director recently sold €2.7m worth of stockOn the 28th of February, Lawrence Lacerte sold around 21k shares on-market at roughly €130 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months.Reported Earnings • Feb 25Full year 2022 earnings released: EPS: US$4.43 (vs US$3.87 in FY 2021)Full year 2022 results: EPS: US$4.43 (up from US$3.87 in FY 2021). Revenue: US$616.6m (up 11% from FY 2021). Net income: US$210.1m (up 15% from FY 2021). Profit margin: 34% (up from 33% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. Independent Director Cynthia Comparin was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 20Universal Display Corporation to Report Q4, 2022 Results on Feb 23, 2023Universal Display Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023공시 • Jan 12Universal Display Corporation Reaffirms Revenue Guidance for the Year 2022Universal Display Corporation reaffirmed revenue guidance for the year 2022. For the period, the company expects to be in the range of $600 million, plus or minus $10 million.Upcoming Dividend • Dec 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.2%).Recent Insider Transactions • Nov 17Independent Director recently sold €3.2m worth of stockOn the 14th of November, Lawrence Lacerte sold around 30k shares on-market at roughly €106 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.4m. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.13 (vs US$0.97 in 3Q 2021)Third quarter 2022 results: EPS: US$1.13 (up from US$0.97 in 3Q 2021). Revenue: US$160.6m (up 12% from 3Q 2021). Net income: US$53.5m (up 17% from 3Q 2021). Profit margin: 33% (up from 32% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.3%).Recent Insider Transactions • Sep 03Executive VP recently sold €5.4m worth of stockOn the 1st of September, Sidney Rosenblatt sold around 50k shares on-market at roughly €108 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sidney's only on-market trade for the last 12 months.Recent Insider Transactions • Aug 12Independent Director recently sold €1.2m worth of stockOn the 9th of August, Lawrence Lacerte sold around 10k shares on-market at roughly €113 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.6m more than they bought in the last 12 months.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.88 (vs US$0.85 in 2Q 2021)Second quarter 2022 results: EPS: US$0.88 (up from US$0.85 in 2Q 2021). Revenue: US$136.6m (up 5.3% from 2Q 2021). Net income: US$41.5m (up 3.0% from 2Q 2021). Profit margin: 30% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Buying Opportunity • Jul 01Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be €125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.Upcoming Dividend • Jun 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (1.1%).Reported Earnings • May 07First quarter 2022 earnings released: EPS: US$1.06 (vs US$1.09 in 1Q 2021)First quarter 2022 results: EPS: US$1.06 (down from US$1.09 in 1Q 2021). Revenue: US$150.5m (up 12% from 1Q 2021). Net income: US$50.0m (down 2.6% from 1Q 2021). Profit margin: 33% (down from 38% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 09Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 20% share price gain to €138, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Semiconductor industry in Germany. Total returns to shareholders of 4.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €154 per share.Reported Earnings • Feb 25Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.87 (up from US$2.81 in FY 2020). Revenue: US$553.5m (up 29% from FY 2020). Net income: US$183.1m (up 38% from FY 2020). Profit margin: 33% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 08Upcoming dividend of US$0.20 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 30 December 2021. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (0.7%).Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$0.97 (vs US$0.85 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$143.6m (up 23% from 3Q 2020). Net income: US$46.1m (up 15% from 3Q 2020). Profit margin: 32% (down from 34% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.이익 및 매출 성장 예측DB:UVD - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028799302191220212/31/2027704232196245912/31/202665019924429293/31/2026627213187289N/A12/31/2025651242144211N/A9/30/2025640222161214N/A6/30/2025662244143197N/A3/31/2025649229164212N/A12/31/2024648222211254N/A9/30/2024644237219256N/A6/30/2024623222187237N/A3/31/202461121955179N/A12/31/202357620228155N/A9/30/2023587205-10120N/A6/30/2023607207-2198N/A3/31/202359719976122N/A12/31/202261720980127N/A9/30/2022594190131181N/A6/30/2022577182174218N/A3/31/2022570181170214N/A12/31/2021554183148191N/A9/30/2021549191169207N/A6/30/2021522185139176N/A3/31/2021451146139173N/A12/31/2020429132121149N/A9/30/2020389105108132N/A6/30/2020369102120142N/A3/31/2020430144144166N/A12/31/2019405137N/A194N/A9/30/2019374130N/A165N/A6/30/2019354116N/A156N/A3/31/201929283N/A117N/A12/31/201824758N/A122N/A9/30/201829371N/A157N/A6/30/201827762N/A127N/A3/31/201832498N/A171N/A12/31/2017336102N/A133N/A9/30/201729495N/A111N/A6/30/201726380N/A101N/A3/31/201722556N/A82N/A12/31/201619947N/A80N/A9/30/201618740N/A73N/A6/30/201619649N/A75N/A3/31/201619015N/A67N/A12/31/201519115N/A114N/A9/30/201518510N/A109N/A6/30/20151787N/A97N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: UVD 의 연간 예상 수익 증가율(8.7%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: UVD 의 연간 수익(8.7%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: UVD 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: UVD 의 수익(연간 8.3%)이 German 시장(연간 6.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: UVD 의 수익(연간 8.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: UVD의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 07:48종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Universal Display Corporation는 22명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brett SimpsonArete Research Services LLPNam Hyung KimArete Research Services LLPJames FontanelliArete Research Services LLP19명의 분석가 더 보기
공시 • May 03+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for the Full Year 2026Universal Display Corporation revised earnings guidance for the full year 2026. For the period, the company expects revenue will be in the range of $630 million to $670 million, down from prior guidance of $650 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.
공시 • Nov 07+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for 2025Universal Display Corporation revised earnings guidance for 2025. The Company now believes that 2025 revenue will be around the lower end of its previous guidance range of $650 million to $700 million.
공시 • Aug 01+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for 2025Universal Display Corporation revised revenue guidance for 2025. While the evolving macroeconomic environment this year creates continued uncertainty, the Company has increased the lower end of its previous revenue guidance and believes that 2025 revenue will be in the range of $650 million to $700 million.
공시 • Feb 21Universal Display Corporation Provides Revenue Guidance for the Year 2025Universal Display Corporation provided revenue guidance for the year 2025. The Company believes that its 2025 revenue will be in the range of $640 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.
공시 • Nov 02Universal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. With recent updates to customer order expectations for the fourth quarter, the company are lowering 2024 revenue forecast range to $625 million to $645 million.
공시 • Aug 02+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. For the year, the company has increased the lower end of its previous revenue guidance and believes that 2024 revenue will be in the range of $645 million to $675 million.
Declared Dividend • May 20First quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 37% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 03+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for the Full Year 2026Universal Display Corporation revised earnings guidance for the full year 2026. For the period, the company expects revenue will be in the range of $630 million to $670 million, down from prior guidance of $650 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.
공시 • Apr 24Universal Display Corporation, Annual General Meeting, Jun 18, 2026Universal Display Corporation, Annual General Meeting, Jun 18, 2026.
공시 • Apr 14Universal Display Corporation to Report Q1, 2026 Results on Apr 30, 2026Universal Display Corporation announced that they will report Q1, 2026 results After-Market on Apr 30, 2026
공시 • Feb 20Universal Display Corporation Increases Cash Dividend for the First Quarter of 2026, Payable on March 31, 2026Universal Display Corporation announced that its Board of Directors approved an increased cash dividend of $0.50 per share on the Company's common stock for the first quarter of 2026, up from the previous quarter’s dividend of $0.45 per share. The dividend is payable on March 31, 2026, to shareholders of record on March 17, 2026. The dividend reflects expected continued cash flow generation, and commitment to return capital to shareholders. Future dividends will be subject to Board approval.
공시 • Jan 27Universal Display Corporation to Report Q4, 2025 Results on Feb 19, 2026Universal Display Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 19, 2026
공시 • Nov 07+ 1 more updateUniversal Display Corporation Revises Earnings Guidance for 2025Universal Display Corporation revised earnings guidance for 2025. The Company now believes that 2025 revenue will be around the lower end of its previous guidance range of $650 million to $700 million.
공시 • Oct 14Universal Display Corporation to Report Q3, 2025 Results on Nov 06, 2025Universal Display Corporation announced that they will report Q3, 2025 results After-Market on Nov 06, 2025
공시 • Aug 01+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for 2025Universal Display Corporation revised revenue guidance for 2025. While the evolving macroeconomic environment this year creates continued uncertainty, the Company has increased the lower end of its previous revenue guidance and believes that 2025 revenue will be in the range of $650 million to $700 million.
공시 • Jul 15Universal Display Corporation to Report Q2, 2025 Results on Jul 31, 2025Universal Display Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025
공시 • Jun 30+ 6 more updatesUniversal Display Corporation(NasdaqGS:OLED) dropped from Russell 3000E Growth IndexUniversal Display Corporation(NasdaqGS:OLED) dropped from Russell 3000E Growth Index
공시 • May 02+ 2 more updatesUniversal Display Corporation (NasdaqGS:OLED) announces an Equity Buyback for $100 million worth of its shares.Universal Display Corporation (NasdaqGS:OLED) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its common stock. The repurchases under this program will be funded from the Company’s existing cash and investments or future cash flow. The program will be effective immediately and repurchase program has no time limit.
공시 • Apr 28Universal Display Corporation, Annual General Meeting, Jun 18, 2025Universal Display Corporation, Annual General Meeting, Jun 18, 2025.
공시 • Apr 15Universal Display Corporation to Report Q1, 2025 Results on May 01, 2025Universal Display Corporation announced that they will report Q1, 2025 results After-Market on May 01, 2025
공시 • Feb 23Universal Display Corporation Announces Dividend for the First Quarter of 2025, Payable on March 31, 2025Universal Display Corporation announced that its Board of Directors approved an increased cash dividend of $0.45 per share on the Company's common stock for the first quarter of 2025, up from the previous quarter’s dividend of $0.40 per share. The dividend is payable on March 31, 2025, to shareholders of record on March 17, 2025.
공시 • Feb 21Universal Display Corporation Provides Revenue Guidance for the Year 2025Universal Display Corporation provided revenue guidance for the year 2025. The Company believes that its 2025 revenue will be in the range of $640 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.
공시 • Jan 28Universal Display Corporation to Report Q4, 2024 Results on Feb 20, 2025Universal Display Corporation announced that they will report Q4, 2024 results After-Market on Feb 20, 2025
공시 • Dec 18Universal Display Corporation Appoints April E. Walker as New Board Member, Effective January 1, 2025Universal Display Corporation announced that April E. Walker has joined the Company’s Board of Directors, effective January 1, 2025. The addition of this new director will expand UDC’s Board to 11 members. April E. Walker is a global leader in the technology industry, known for her passion for digital innovation and transformation, and her knowledge of the strategic adoption of artificial intelligence. With more than 30 years of leadership experience at leading tech and enterprise companies, including Microsoft, MetLife, NBCUniversal, and Salesforce, Ms. Walker has a strong blend of expertise in business strategy, customer experience, technology, sales, and operations. Currently, she is a strategic advisor, columnist, thought leader, and speaker on emerging technology and industry transformation. She serves as an advisory board member for the Drexel University Solutions Institute and an Adjunct Professor for Drexel’s Executive MBA program. Ms. Walker holds an MBA from the MIT Sloan School of Management and specialized executive certifications in Artificial Intelligence, as well as Data Science and Machine Learning (ML), from the MIT Schwarzman College of Computing. Additionally, she has an MS in Engineering Management from The George Washington University School of Engineering and Applied Science. Ms. Walker also serves on the Board of Sangoma Technologies Corporation.
공시 • Dec 06Universal Display Corporation Closes Its Location in Santa ClaraUniversal Display Corporation will be closing its location in Santa Clara, California.
공시 • Dec 05Universal Display Corporation Announces the Appointment of Chandran Nair as Chief Executive Officer of its Newly Formed SubsidiaryUniversal Display Corporation announced that Chandran Nair has been appointed Chief Executive Officer of newly formed subsidiary, which will be headquartered in Singapore and responsible for UDC’s OVJP operations, effective December 2, 2024. Mr. Nair brings extensive leadership experience of more than 26 years, together with his established operational expertise in global technology and equipment companies across Asia, Europe and the United States, to lead the next phase for OVJP (organic vapor jet printing). Previously, Mr. Nair was President & Chief Executive Officer at AEM Holdings, a Singaporean multinational technology company. Prior to joining AEM, Mr. Nair was President of the Robotics and Autonomous Systems Business Unit at ST Engineering and before that, he was Managing Director and Vice President of Sales & Marketing for Asia Pacific (APAC) at National Instruments (NI). During his tenure at NI, Mr. Nair was responsible for the successful expansion of its business throughout the APAC region to customers in a variety of major industries. Mr. Nair holds Master’s degrees in Mathematics from Arizona State University and Bangalore University, and a Bachelor of Science in Physics, Chemistry, Mathematics from Christ College, Bangalore University.
Declared Dividend • Nov 04Third quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 17th December 2024 Payment date: 31st December 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 38% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 02Universal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. With recent updates to customer order expectations for the fourth quarter, the company are lowering 2024 revenue forecast range to $625 million to $645 million.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.40 (vs US$1.08 in 3Q 2023)Third quarter 2024 results: EPS: US$1.40 (up from US$1.08 in 3Q 2023). Revenue: US$161.6m (up 15% from 3Q 2023). Net income: US$66.7m (up 30% from 3Q 2023). Profit margin: 41% (up from 36% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year.
공시 • Oct 31Universal Display Corporation Approves Fourth Quarter Cash Dividend, Payable on December 31, 2024Universal Display Corporation announced that its Board of Directors approved a fourth quarter cash dividend of $0.40 per share on the Company's common stock. The dividend is payable on December 31, 2024, to shareholders of record on December 17, 2024.
공시 • Oct 15Universal Display Corporation to Report Q3, 2024 Results on Oct 30, 2024Universal Display Corporation announced that they will report Q3, 2024 results After-Market on Oct 30, 2024
Upcoming Dividend • Sep 09Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 16 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.3%).
Recent Insider Transactions • Sep 04Independent Director recently sold €881k worth of stockOn the 29th of August, Richard Elias sold around 5k shares on-market at roughly €174 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months.
Declared Dividend • Aug 12Second quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 45% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 80% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Significant insider selling over the past 3 months (€3.0m sold).
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$1.10 (vs US$1.04 in 2Q 2023)Second quarter 2024 results: EPS: US$1.10 (up from US$1.04 in 2Q 2023). Revenue: US$158.5m (up 8.1% from 2Q 2023). Net income: US$52.3m (up 5.9% from 2Q 2023). Profit margin: 33% (in line with 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
공시 • Aug 02+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for the Year 2024Universal Display Corporation revised revenue guidance for the year 2024. For the year, the company has increased the lower end of its previous revenue guidance and believes that 2024 revenue will be in the range of $645 million to $675 million.
공시 • Jul 16Universal Display Corporation to Report Q2, 2024 Results on Aug 01, 2024Universal Display Corporation announced that they will report Q2, 2024 results After-Market on Aug 01, 2024
Upcoming Dividend • Jun 07Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (1.0%).
Declared Dividend • May 13First quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (138% cash payout ratio). The dividend has increased by an average of 45% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • May 12Executive VP & Chief Technical Officer recently sold €1.7m worth of stockOn the 8th of May, Julia Brown sold around 10k shares on-market at roughly €163 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.6m more than they bought in the last 12 months.
Reported Earnings • May 03First quarter 2024 earnings released: EPS: US$1.20 (vs US$0.83 in 1Q 2023)First quarter 2024 results: EPS: US$1.20 (up from US$0.83 in 1Q 2023). Revenue: US$165.3m (up 27% from 1Q 2023). Net income: US$56.9m (up 44% from 1Q 2023). Profit margin: 34% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • May 03+ 1 more updateUniversal Display Corporation Approves Second Quarter Cash Dividend, Payable on June 28, 2024Universal Display Corporation announced that its board of directors approved a second quarter cash dividend of $0.40 per share on the company's common stock. The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024.
공시 • Apr 28Universal Display Corporation, Annual General Meeting, Jun 20, 2024Universal Display Corporation, Annual General Meeting, Jun 20, 2024, at 10:00 Eastern Standard Time. Agenda: To elect ten members of the Board of Directors to hold one-year terms; to approve an advisory resolution regarding executive officer compensation; to ratify the appointment of KPMG LLP as independent registered public accounting firm for 2024 and to transact such other business as may properly come before the meeting or any postponements or adjournments thereof.
Buy Or Sell Opportunity • Apr 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to €140. The fair value is estimated to be €177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
공시 • Apr 16Universal Display Corporation to Report Q1, 2024 Results on May 02, 2024Universal Display Corporation announced that they will report Q1, 2024 results After-Market on May 02, 2024
공시 • Mar 08Universal Display Corporation Announces the Appointment of Dr. Nigel Brown and Dr. Joan Lau to the Board of DirectorsUniversal Display Corporation announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company’s Board of Directors, effective March 4, 2024. The addition of these new directors expands UDC’s Board to ten members. Nigel Brown has more than 25 years of experience in leadership and strategy in the pharmaceutical, biotechnology and contract research industries. Dr. Brown is the Founder and Chief Executive Officer of Princeton Healthcare Advisory, LLC, an advisory firm specializing in support for growth-focused investors in healthcare and life science sectors. Dr. Brown is an Advisor for Rothschild & Co., Five Arrows Managers LLP and previously served as General Partner for Trevi Health Capital, a healthcare-focused specialty investment firm, and held oversight and advisory roles for numerous organizations. Dr. Brown has extensive experience in acquisitions and strategic partnerships in the biomedical and technology sectors and is a skilled partner in facilitating investments and corporate transactions. Dr. Brown received his BA in Chemistry and PhD in Physiological Sciences from the University of Oxford and his MBA from The Open University. Dr. Brown also serves on the board for Inotiv Inc. Joan Lau has more than 20 years of experience in executive leadership and business development for biopharmaceutical, biotechnology and R&D-focused companies. Dr. Lau is the Co-Founder and Chief Executive Officer of Spirovant (previously called Talee Bio), a gene therapy company developing treatments and cures for respiratory diseases including cystic fibrosis. Dr. Lau is also an Adjunct Professor and Trustee at the University of Pennsylvania. Previously, Dr. Lau co-founded and served as Managing Partner at Militia Hill Ventures, which focuses on building and growing high-quality life science companies. Dr. Lau has also served as CEO for several venture-capital-backed biotech companies. Dr. Lau earned her MBA from the Wharton School of Business at the University of Pennsylvania, her PhD in Neuroscience from the University of Cincinnati College of Medicine, and her BS in Bioengineering from the University of Pennsylvania. Dr. Lau also serves on the boards for Brandywine Realty Trust and Rockwell Medical Inc.
Upcoming Dividend • Mar 07Upcoming dividend of US$0.40 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.1%).
Declared Dividend • Mar 04Fourth quarter dividend of US$0.40 announcedShareholders will receive a dividend of US$0.40. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (267% cash payout ratio). The dividend has increased by an average of 45% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Mar 01Independent Director recently sold €1.1m worth of stockOn the 27th of February, Lawrence Lacerte sold around 7k shares on-market at roughly €158 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.4m more than they bought in the last 12 months.
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: US$4.27 (vs US$4.41 in FY 2022)Full year 2023 results: EPS: US$4.27 (down from US$4.41 in FY 2022). Revenue: US$576.4m (down 6.5% from FY 2022). Net income: US$203.0m (down 2.8% from FY 2022). Profit margin: 35% (up from 34% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Feb 23+ 1 more updateUniversal Display Corporation Provides Revenue Guidance for the Year 2024Universal Display Corporation provided revenue guidance for the year 2024. For the year, the company expects revenue will be in the range of $625 million to $675 million.
공시 • Feb 06Universal Display Corporation to Report Q4, 2023 Results on Feb 22, 2024Universal Display Corporation announced that they will report Q4, 2023 results After-Market on Feb 22, 2024
Upcoming Dividend • Dec 07Upcoming dividend of US$0.35 per share at 0.8% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (1.1%).
공시 • Nov 04Universal Display Corporation Provides Revenue Guidance for the 2023Universal Display Corporation are revising revenue forecast by narrowing guidance to a range of $565 million to $590 million.
공시 • Nov 03Universal Display Corporation Approves Cash Dividend for the Fourth Quarter, Payable on December 29, 2023Universal Display Corporation announced that its Board of Directors approved a fourth quarter cash dividend of $0.35 per share on the Company's common stock. The dividend is payable on December 29, 2023, to shareholders of record on December 15, 2023.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$1.08 (vs US$1.12 in 3Q 2022)Third quarter 2023 results: EPS: US$1.08 (down from US$1.12 in 3Q 2022). Revenue: US$141.1m (down 12% from 3Q 2022). Net income: US$51.5m (down 3.1% from 3Q 2022). Profit margin: 37% (up from 33% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공시 • Oct 17Universal Display Corporation to Report Q3, 2023 Results on Nov 02, 2023Universal Display Corporation announced that they will report Q3, 2023 results on Nov 02, 2023
Recent Insider Transactions • Sep 10Senior VP of Planning recently sold €1.4m worth of stockOn the 6th of September, Mauro Premutico sold around 9k shares on-market at roughly €150 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months.
Upcoming Dividend • Sep 07Upcoming dividend of US$0.35 per share at 0.9% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €148, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total loss to shareholders of 4.3% over the past three years.
공시 • Aug 04+ 1 more updateUniversal Display Corporation Revises Revenue Guidance for the Year 2023Universal Display Corporation revised revenue guidance for the year 2023. The Company has increased the lower end of its previous revenue guidance and believes that 2023 revenue will be in the range of $560 million to $600 million.
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$1.04 (vs US$0.87 in 2Q 2022)Second quarter 2023 results: EPS: US$1.04 (up from US$0.87 in 2Q 2022). Revenue: US$146.6m (up 7.3% from 2Q 2022). Net income: US$49.7m (up 20% from 2Q 2022). Profit margin: 34% (up from 30% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Jul 12Universal Display Corporation to Report Q2, 2023 Results on Aug 03, 2023Universal Display Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2023
Recent Insider Transactions • Jun 13Executive VP & Chief Technical Officer recently sold €733k worth of stockOn the 7th of June, Julia Brown sold around 5k shares on-market at roughly €141 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €16m more than they bought in the last 12 months.
Upcoming Dividend • Jun 08Upcoming dividend of US$0.35 per share at 0.9% yieldEligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 30% and the cash payout ratio is 78%. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%).
Recent Insider Transactions • May 12Independent Director recently sold €1.9m worth of stockOn the 9th of May, Lawrence Lacerte sold around 15k shares on-market at roughly €125 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €2.7m. Insiders have been net sellers, collectively disposing of €15m more than they bought in the last 12 months.
Reported Earnings • May 06First quarter 2023 earnings released: EPS: US$0.83 (vs US$1.05 in 1Q 2022)First quarter 2023 results: EPS: US$0.83 (down from US$1.05 in 1Q 2022). Revenue: US$130.5m (down 13% from 1Q 2022). Net income: US$39.6m (down 20% from 1Q 2022). Profit margin: 30% (down from 33% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • May 05+ 1 more updateUniversal Display Corporation Announces Second Quarter Cash Dividend, Payable on June 30, 2023Universal Display Corporation announced a second quarter cash dividend of $0.35 per share on the company's common stock. The dividend is payable on June 30, 2023 to all shareholders of record on June 16, 2023.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.35 per share at 1.0% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (1.1%).
Recent Insider Transactions • Mar 03Independent Director recently sold €2.7m worth of stockOn the 28th of February, Lawrence Lacerte sold around 21k shares on-market at roughly €130 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months.
Reported Earnings • Feb 25Full year 2022 earnings released: EPS: US$4.43 (vs US$3.87 in FY 2021)Full year 2022 results: EPS: US$4.43 (up from US$3.87 in FY 2021). Revenue: US$616.6m (up 11% from FY 2021). Net income: US$210.1m (up 15% from FY 2021). Profit margin: 34% (up from 33% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. Independent Director Cynthia Comparin was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 20Universal Display Corporation to Report Q4, 2022 Results on Feb 23, 2023Universal Display Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023
공시 • Jan 12Universal Display Corporation Reaffirms Revenue Guidance for the Year 2022Universal Display Corporation reaffirmed revenue guidance for the year 2022. For the period, the company expects to be in the range of $600 million, plus or minus $10 million.
Upcoming Dividend • Dec 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (1.2%).
Recent Insider Transactions • Nov 17Independent Director recently sold €3.2m worth of stockOn the 14th of November, Lawrence Lacerte sold around 30k shares on-market at roughly €106 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.4m. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$1.13 (vs US$0.97 in 3Q 2021)Third quarter 2022 results: EPS: US$1.13 (up from US$0.97 in 3Q 2021). Revenue: US$160.6m (up 12% from 3Q 2021). Net income: US$53.5m (up 17% from 3Q 2021). Profit margin: 33% (up from 32% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.3%).
Recent Insider Transactions • Sep 03Executive VP recently sold €5.4m worth of stockOn the 1st of September, Sidney Rosenblatt sold around 50k shares on-market at roughly €108 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sidney's only on-market trade for the last 12 months.
Recent Insider Transactions • Aug 12Independent Director recently sold €1.2m worth of stockOn the 9th of August, Lawrence Lacerte sold around 10k shares on-market at roughly €113 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.6m more than they bought in the last 12 months.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$0.88 (vs US$0.85 in 2Q 2021)Second quarter 2022 results: EPS: US$0.88 (up from US$0.85 in 2Q 2021). Revenue: US$136.6m (up 5.3% from 2Q 2021). Net income: US$41.5m (up 3.0% from 2Q 2021). Profit margin: 30% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jul 01Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be €125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
Upcoming Dividend • Jun 08Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (1.1%).
Reported Earnings • May 07First quarter 2022 earnings released: EPS: US$1.06 (vs US$1.09 in 1Q 2021)First quarter 2022 results: EPS: US$1.06 (down from US$1.09 in 1Q 2021). Revenue: US$150.5m (up 12% from 1Q 2021). Net income: US$50.0m (down 2.6% from 1Q 2021). Profit margin: 33% (down from 38% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 20% share price gain to €138, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Semiconductor industry in Germany. Total returns to shareholders of 4.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €154 per share.
Reported Earnings • Feb 25Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.87 (up from US$2.81 in FY 2020). Revenue: US$553.5m (up 29% from FY 2020). Net income: US$183.1m (up 38% from FY 2020). Profit margin: 33% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 08Upcoming dividend of US$0.20 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 30 December 2021. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (0.7%).
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$0.97 (vs US$0.85 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$143.6m (up 23% from 3Q 2020). Net income: US$46.1m (up 15% from 3Q 2020). Profit margin: 32% (down from 34% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.