NASDAQ:OLED

Universal Display (OLED) Stock Price, News & Analysis

$156.44
+2.54 (+1.65%)
(As of 04/24/2024 ET)
Today's Range
$153.96
$157.15
50-Day Range
$149.81
$187.14
52-Week Range
$125.98
$194.84
Volume
201,713 shs
Average Volume
211,177 shs
Market Capitalization
$7.41 billion
P/E Ratio
36.90
Dividend Yield
1.02%
Price Target
$199.86

Universal Display MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
27.8% Upside
$199.86 Price Target
Short Interest
Healthy
2.08% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.50mentions of Universal Display in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.19%
From $4.72 to $5.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.47 out of 5 stars

Computer And Technology Sector

101st out of 585 stocks

Electronic Components & Accessories Industry

1st out of 6 stocks

OLED stock logo

About Universal Display Stock (NASDAQ:OLED)

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; and OVJP, an organic vapor jet printing technology. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products; and contract research services in the areas of chemical synthesis research, development, and commercialization for non-OLED applications, as well as engages in the intellectual property and technology licensing activities. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.

OLED Stock Price History

OLED Stock News Headlines

The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
Micro-LED vs OLED TVs: Who will win?
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic components & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:OLED
Employees
456
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$199.86
High Stock Price Target
$250.00
Low Stock Price Target
$176.00
Potential Upside/Downside
+27.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$203.01 million
Pretax Margin
42.53%

Debt

Sales & Book Value

Annual Sales
$576.43 million
Cash Flow
$5.04 per share
Book Value
$30.56 per share

Miscellaneous

Free Float
46,466,000
Market Cap
$7.41 billion
Optionable
Optionable
Beta
1.45

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Key Executives

  • Mr. Steven V. Abramson (Age 72)
    President, CEO & Director
    Comp: $2.75M
  • Mr. Brian Millard (Age 41)
    VP, CFO & Treasurer
    Comp: $842.11k
  • Dr. Julia J. Brown Ph.D. (Age 63)
    Executive VP & Chief Technical Officer
    Comp: $2.11M
  • Mr. Mauro PremuticoMr. Mauro Premutico (Age 58)
    Senior VP of Planning, Chief Legal Officer & Secretary
    Comp: $1.79M
  • Ms. Janice K. Mahon (Age 66)
    Senior VP of Technology Commercialization & GM of Commercial Sales Business
    Comp: $1.47M
  • Darice Liu
    Senior Director of Investor Relations & Corporate Communications

OLED Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Display stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OLED shares.
View OLED analyst ratings
or view top-rated stocks.

What is Universal Display's stock price target for 2024?

7 analysts have issued twelve-month price objectives for Universal Display's shares. Their OLED share price targets range from $176.00 to $250.00. On average, they predict the company's share price to reach $199.86 in the next year. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for OLED
or view top-rated stocks among Wall Street analysts.

How have OLED shares performed in 2024?

Universal Display's stock was trading at $191.26 on January 1st, 2024. Since then, OLED shares have decreased by 18.2% and is now trading at $156.44.
View the best growth stocks for 2024 here
.

Are investors shorting Universal Display?

Universal Display saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 908,500 shares, a decrease of 22.4% from the March 15th total of 1,170,000 shares. Based on an average daily trading volume, of 283,500 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.1% of the shares of the stock are short sold.
View Universal Display's Short Interest
.

When is Universal Display's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our OLED earnings forecast
.

How can I listen to Universal Display's earnings call?

Universal Display will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-524-8416.

How were Universal Display's earnings last quarter?

Universal Display Co. (NASDAQ:OLED) posted its quarterly earnings data on Thursday, February, 22nd. The semiconductor company reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.11. The semiconductor company earned $158.32 million during the quarter, compared to the consensus estimate of $161.08 million. Universal Display had a net margin of 35.22% and a trailing twelve-month return on equity of 14.85%. The business's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.36 EPS.

How often does Universal Display pay dividends? What is the dividend yield for Universal Display?

Universal Display declared a quarterly dividend on Tuesday, February 20th. Stockholders of record on Friday, March 15th will be given a dividend of $0.40 per share on Friday, March 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for OLED
.

Is Universal Display a good dividend stock?

Universal Display (NASDAQ:OLED) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.07%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 29.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OLED.

What guidance has Universal Display issued on next quarter's earnings?

Universal Display issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $625.0 million-$675.0 million, compared to the consensus revenue estimate of $666.2 million.

What is Steven V. Abramson's approval rating as Universal Display's CEO?

7 employees have rated Universal Display Chief Executive Officer Steven V. Abramson on Glassdoor.com. Steven V. Abramson has an approval rating of 78% among the company's employees.

What other stocks do shareholders of Universal Display own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Display investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), PayPal (PYPL), Adobe (ADBE), Netflix (NFLX), Block (SQ), Advanced Micro Devices (AMD) and Broadcom (AVGO).

Who are Universal Display's major shareholders?

Universal Display's stock is owned by a variety of retail and institutional investors. Top institutional investors include Griffin Asset Management Inc. (1.08%), Wealth Enhancement Advisory Services LLC (0.28%), Portman Square Capital LLP (0.00%), Raymond James & Associates (0.08%), Amalgamated Bank (0.05%) and Raymond James Financial Services Advisors Inc. (0.05%). Insiders that own company stock include Julia J Brown, Lawrence Lacerte, Mauro Premutico, Richard C Elias and Sidney D Rosenblatt.
View institutional ownership trends
.

How do I buy shares of Universal Display?

Shares of OLED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OLED) was last updated on 4/25/2024 by MarketBeat.com Staff

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