Managing Headwinds Better Than Most Peers? – Universal Display Corporation (OLED), Crown Holdings, Inc. (CCK)

Universal Display Corporation (NASDAQ:OLED)‘s price-to-sales ratio of 22.92 is creating a long-term opportunity in the value in its stock. The broad Semiconductor Equipment & Materials industry has an average P/S ratio of 11.59, which is significantly worse than the sector’s 2.67. In the past 13-year record, this ratio went down as low as 6.31 and as high as 61.96. Also, it is down from 0.98 of the total 832 rivals across the globe.

OLED traded at an unexpectedly high level on 12/06/2018 when the stock experienced a 7.46% gain to a closing price of $98.59. The company saw 3.18 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 1.03 million shares a day, this signifies a pretty significant change over the norm.

Universal Display Corporation (OLED) Analyst Gushes

Analysts are speculating a 77.5% move, based on the high target price ($175) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $133.2 price target, but the stock is already up 25.19% from its recent lows. However, the stock is trading at -52.83% versus recent highs ($209). Analysts believe that we could see stock price minimum in the $115 range (lowest target price), allowing for another 16.64% jump from its current position. Leading up to this report, we have seen a -0.97% fall in the stock price over the last 30 days and a -19.62% decline over the past 3 months. Overall, the share price is down -42.9% so far this year. Additionally, OLED had a day price range of $92.5 to $99.47.

Universal Display Corporation (OLED) Price Potential

Heading into the stock price potential, Universal Display Corporation needs to grow just 30.84% to cross its median price target of $129. In order to determine directional movement, the 50-day and 200-day moving averages for Universal Display Corporation (NASDAQ:OLED) are $99 and $104.47. Given that liquidity is king in short-term, OLED is a stock with 46.97 million shares outstanding that normally trades 18.14% of its float. The stock price recently experienced a 5-day gain of 9.12% with 6.05 average true range (ATR). OLED has a beta of 1.58 and RSI is 52.4.

Investors also need to beware of the Crown Holdings, Inc. (NYSE:CCK) valuations. The stock trades on a P/S of 0.98, which suggests that the shares are attractive compared with peers. The broad Packaging & Containers industry has an average P/S ratio of 1.11, which is significantly better than the sector’s 13.2. In the past 13-year record, this ratio went down as low as 0.28 and as high as 1. Also, it is up from 0.55 of the total 340 rivals across the globe.

Crown Holdings, Inc. (CCK)’s Lead Over its Technicals

Crown Holdings, Inc. by far traveled 19.81% versus a 1-year low price of $40.09. The share price was last seen -4.04% lower, reaching at $48.03 on Dec. 06, 2018. At recent session, the prices were hovering between $47.19 and $49.2. This company shares are 25.44% off its target price of $60.25 and the current market capitalization stands at $6.45B. The recent change has given its price a 2.01% lead over SMA 50 and -22.87% deficit over its 52-week high. The stock witnessed 6.1% gains, 11.83% gains and 7.59% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CCK’s volatility during a week at 3% and during a month it has been found around 2.9%.

Crown Holdings, Inc. (NYSE:CCK) Intraday Metrics

Crown Holdings, Inc. (CCK) exchanged hands at an unexpectedly high level of 2.77 million shares over the course of the day. Noting its average daily volume at 1.99 million shares each day over the month, this signifies a pretty significant change over the norm.

Crown Holdings, Inc. Target Levels

The market experts are predicting a 49.91% rally, based on the high target price ($72) for Crown Holdings, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $52 range (lowest target price). If faced, it would be a 8.27% jump from its current position. Overall, the share price is down -14.61% year to date.