Resonant (NASDAQ: RESN) and United Microelectronics (NYSE:UMC) are both technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, valuation, profitability, analyst recommendations, dividends, earnings and institutional ownership.
This is a summary of current ratings and price targets for Resonant and United Microelectronics, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Resonant presently has a consensus price target of $9.50, indicating a potential upside of 110.18%. United Microelectronics has a consensus price target of $2.10, indicating a potential downside of 19.23%. Given Resonant’s stronger consensus rating and higher probable upside, research analysts clearly believe Resonant is more favorable than United Microelectronics.
Valuation and Earnings
This table compares Resonant and United Microelectronics’ gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|United Microelectronics||$5.01 billion||1.27||$323.00 million||$0.13||20.00|
United Microelectronics has higher revenue and earnings than Resonant. Resonant is trading at a lower price-to-earnings ratio than United Microelectronics, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
Resonant has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500. Comparatively, United Microelectronics has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500.
This table compares Resonant and United Microelectronics’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional & Insider Ownership
9.6% of Resonant shares are owned by institutional investors. Comparatively, 5.8% of United Microelectronics shares are owned by institutional investors. 22.3% of Resonant shares are owned by insiders. Comparatively, 8.0% of United Microelectronics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
United Microelectronics pays an annual dividend of $0.06 per share and has a dividend yield of 2.3%. Resonant does not pay a dividend. United Microelectronics pays out 46.2% of its earnings in the form of a dividend.
Resonant Company Profile
Resonant Inc. is a late-stage development company. The Company creates filter designs for radio frequency (RF) front-ends for the mobile device industry. The RF front-end is the circuitry in a mobile device for analog signal processing and is located between the device’s antenna and its digital baseband. The Company uses a technology called Infinite Synthesized Networks (ISN) to configure and connect resonators, the building blocks of RF filters. The Company uses ISN to develop new classes of filter designs. The Company is also developing a series of single-band surface acoustic wave (SAW) filter designs for frequency bands. The Company is developing multiplexer filter designs for over two bands to address the carrier aggregation (CA) requirements of its customers. In addition, the Company is also developing reconfigurable filter designs to replace multiple filters for multiple bands. The Company is also involved in the development of a filter reconfigurable between three bands.
United Microelectronics Company Profile
United Microelectronics Corporation is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Company’s wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques. The new business segment primarily includes researching, developing, manufacturing, and providing solar energy and new generation light-emitting diode (LED). The Company maintains a customer base across various industries, including communication, consumer electronics, computer, memory and others, while focusing on manufacturing for applications, including networking, telecommunications, Internet, multimedia, personal computers (PCs) and graphics.
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