Here Are the Facts You Need to Understand UMC

Shares of Technology sector company United Microelectronics moved -2.6% today, and are now trading at a price of $8.07. The large-cap stock's daily volume was 2,336,382 compared to its average volume of 7,185,879. The S&P 500 index returned a -0.0% performance.

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company is based in Hsinchu City and has 20,000 full time employees. Its market capitalization is $20,435,079,168. United Microelectronics currently offers its equity investors a dividend that yields 43.4% per year.

4 analysts are following United Microelectronics and have set target prices ranging from $5.3 to $9.7 per share. On average, they have given the company a rating of buy. At today's prices, UMC is trading 5.14% away from its average analyst target price of $7.68 per share.

Over the last year, UMC's share price has increased by 4.8%, which represents a difference of 8.0% when compared to the S&P 500. The stock's 52 week high is $9.1 per share whereas its 52 week low is $5.36. With an average free cash flow of $44,175,502,750.0 that have been growing at an average rate of 15.1% over the last four years, United Microelectronics is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2022-12-31 145,860,529 -82,883,783 62,976,746 55.91
2021-12-31 90,351,891 -49,959,557 40,392,334 8.03
2020-12-31 65,745,192 -28,354,333 37,390,859 4.03
2019-12-31 54,904,148 -18,962,076 35,942,072 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.