OLED

Universal Display Corp

TMT


Presented:05/17/2018
Price:$99.90
Cap:$4.68B
Current Price:$201.84
Cap:$9.58B

Presented

Date05/17/2018
Price$99.90
Market Cap$4.68B
Ent Value$4.27B
P/E Ratio47.8x
Book Value$13.61
Div Yield0.24%
Shares O/S46.85M
Ave Daily Vol1,459,543
Short Int10.27%

Current

Price$201.84
Market Cap$9.58B
Universal Display Corp. engages in research, development and commercialization of organic light emitting diode, technologies and materials. The company develops and licenses proprietary OLED technologies to manufacturers of products for display applications, such as cell phones, portable media devices, tablets, laptop computers and televisions and specialty and general lighting products. Universal Display was founded by Sherwin I. Seligsohn in 1994 and is headquartered in Ewing, NJ.

Publicly traded companies mentioned herein: Apple Inc (AAPL), Universal Display Corp (OLED)

Highlights

The presenter is long shares of Universal Display (OLED), viewing the bear thesis around Apple moving away from organic light-emitting diodes (OLED), and subsequent sell-off in Universal Display, as unjustified. He believes competitive technologies to OLED are still multiple years away from being market-ready, and that Universal Display stands to be the best pure-play beneficiary of more screens shifting to OLED technology. The presenter thinks 2019 EPS will come in 30% - 40% above consensus estimates, and targets $160 in Universal Display shares in 2019, with another ~30% upside in 2020.

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Idea Discussion

Commentor 1 - 2 weeks ago

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