Will UMC stock go up?
Will UMC stock go up?
United Microelectronics Corp (NYSE:UMC) The 25 analysts offering 12-month price forecasts for United Microelectronics Corp have a median target of 12.53, with a high estimate of 18.40 and a low estimate of 7.15. The median estimate represents a +18.32% increase from the last price of 10.59.
Is United a microelectronics?
It was founded as Taiwan’s first semiconductor company in 1980 as a spin-off of the government-sponsored Industrial Technology Research Institute (ITRI)….United Microelectronics Corporation.
| Type | Public |
|---|---|
| Net income | NT$27.18 billion or NT$20.852 billion (2020) |
| Number of employees | 19,577 (2020) |
| Website | www.umc.com |
When did UMC go public?
2000
United Microelectronics Corp is a Taiwan-based, the world’s second- largest foundry in terms of market share, went public as an American depositary receipt in the United States in 2000.
Where is United Microelectronics located?
Taiwan
UMC is headquartered in Hsinchu, Taiwan, plus local offices in United States, Europe, China, Japan, Korea and Singapore, with worldwide total 19,500 employees.
Is UMC a buy or sell?
Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. The median P/B ratio for stocks in the S&P is just over 3….Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 4 | Sell | 6.62% |
| 5 | Strong Sell | 3.32% |
| S&P | 500 | 11.33% |
Is UMC undervalued?
PE vs Market: UMC is poor value based on its PE Ratio (18.3x) compared to the US market (17.1x).
What does United Microelectronics make?
United Microelectronics Corporation designs, manufactures, and markets integrated circuits (ICs) and related electronic products. The Company’s main products are consumer electronic ICs, memory ICs, personal computer peripheral ICs, and communication ICs.
What kind of chips does UMC make?
It offers complementary metal-oxide semiconductor (CMOS) logic wafers, mixed signal wafers, radio frequency complementary metal-oxide semiconductor wafers, embedded memory products, high voltage integrated circuits (ICs), and complementary metal-oxide semiconductor image sensors.
Is United Microelectronics a good investment?
United Microelectronics has received a consensus rating of Buy. The company’s average rating score is 2.88, and is based on 6 buy ratings, no hold ratings, and 1 sell rating.
Does UMC stock pay dividends?
UMC pays a dividend of $0.29 per share. UMC’s annual dividend yield is 2.75%. United Microelectronics Corp’s dividend is higher than the US Semiconductors industry average of 1.6%, and it is lower than the US market average of 3.42%.
Is UMC a buy?
The United Microelectronics Corporation stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. On further gains, the stock will meet resistance from the short-term moving average at approximately $11.09.
Should I buy UMC stock Zacks?
It’s calculated as earnings divided by price. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%….Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 25.60% |
| 2 | Buy | 19.21% |
| 3 | Hold | 10.85% |
| 4 | Sell | 6.62% |
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United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), a leading global semiconductor foundry, and Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, today announced that Faraday’s 28Gbps programmable SerDes PHY is now available on UMC’s 28HPC process technology.
Where can I find United Microelectronics Corporation annual report?
United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today filed its 2020 annual report on Form 20-F with the US Securities and Exchange Commission. The report is available at https://www.umc.com/en/Download/annual_reports
When did United Microelectronics ( UMC ) top out?
The On-Balance-Volume (OBV) line topped out in January/February and its subsequent decline tells us that sellers of UMC have been more aggressive. United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of April 2021.
What’s the gross margin for United Microelectronics?
UTM’s gross margin expanded 730 basis points to 26.5%. Strong wafer demand drove full utilization of the company’s manufacturing sites, bringing overall wafer shipments to 2.37 million 8-inch equivalents, stated UMC co-President, Jason Wang.