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Universal Display (OLED)
NASDAQ:OLED
Holding OLED?
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OLED Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$133.67 - $237.00
Previous Close$204.68
Volume401.70K
Average Volume (3M)424.31K
Market Cap
$9.71B
Enterprise Value$9.18B
Total Cash (Recent Filing)$530.52M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)43.7
Beta1.42
Next Earnings
Oct 31, 2024EPS Estimate
$1.18Last Dividend Ex-Date
Sep 16, 2024Dividend Yield0.74%
Share Statistics
EPS (TTM)4.66
Shares Outstanding47,452,149
10 Day Avg. Volume498,330
30 Day Avg. Volume424,306
Standard Deviation0.12
R-Squared0.38
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)6.36
Price to Sales (P/S)15.49
Price to Cash Flow (P/CF)37.00
P/FCF Ratio42.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.73
Enterprise Value/Gross Profit20.82
Enterprise Value/Ebitda57.45
Forecast
1Y Price Target
$231.80Price Target Upside13.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Universal Display News
Bulls Say, Bears Say
Bulls Say
Competitive PositionApple shutting down its microLED project further improves Universal Display's competitive position, especially since microLED was considered a long-term technology disruptor to OLED materials.
Product AdoptionApple's recent iPad Pro with an OLED screen is a positive for Universal Display.
Revenue OutlookUDC delivered a solid Q2 print and once again raised the bottom-end of its full-year revenue outlook on continued strong demand trends in the OLED market.
Bears Say
CommercializationThe biggest incremental update provided on the call was around the timing of blue commercialization, which OLED now expects to occur in 2025.
Product DevelopmentUDC’s update on its efforts to achieve commercial specifications on its phosphorescent blue emissive materials was modestly disappointing, as the company now expects this work to extend beyond this year, into 2025.
RevenueRoyalty and License revenues were down 13% Q/Q.
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Ownership Overview
25.77% Insiders
27.69% Mutual Funds
43.04% Other Institutional Investors
3.50% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OLED FAQ
What was Universal Display’s price range in the past 12 months?
Universal Display lowest stock price was $133.67 and its highest was $237.00 in the past 12 months.
What is Universal Display’s market cap?
Currently, no data Available
When is Universal Display’s upcoming earnings report date?
Universal Display’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were Universal Display’s earnings last quarter?
Universal Display released its earnings results on Aug 01, 2024. The company reported $1.1 earnings per share for the quarter, missing the consensus estimate of $1.135 by -$0.035.
Is Universal Display overvalued?
According to Wall Street analysts Universal Display’s price is currently Undervalued.
Does Universal Display pay dividends?
Universal Display pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 0.74%. See more information on Universal Display dividends here
What is Universal Display’s EPS estimate?
Universal Display’s EPS estimate is $1.18.
How many shares outstanding does Universal Display have?
Universal Display has 47,452,150 shares outstanding.
What happened to Universal Display’s price movement after its last earnings report?
Universal Display reported an EPS of $1.1 in its last earnings report, missing expectations of $1.135. Following the earnings report the stock price went down -18.991%.
Which hedge fund is a major shareholder of Universal Display?
Among the largest hedge funds holding Universal Display’s share is PRIMECAP Management Co. It holds Universal Display’s shares valued at 398M.
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Universal Display Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$231.80 (13.41% Upside)
$231.80 (13.41% Upside)
Blogger Sentiment
Bullish
OLED Sentiment 77%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $787.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.6%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.71%
12-Months-Change
Fundamentals
Return on Equity
15.48%
Trailing 12-Months
Asset Growth
15.30%
Trailing 12-Months
Company Description
Universal Display
Universal Display Corp. engages in research, development, and commercialization of organic light emitting diode, technologies, and materials. It also develops and licenses proprietary OLED technologies to manufacturers of products for display applications, such as cell phones; portable media devices; tablets; laptop computers and televisions; and specialty and general lighting products. The company was founded by Sherwin I. Seligsohn in 1994 and is headquartered in Ewing, NJ.
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OLED Earnings Call
Q2 2024
0:00 / 0:00
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OLED Revenue Breakdown
55.87% Material sales
41.36% Royalty and license fees
2.78% Contract research services
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OLED Stock 12 Month Forecast
Average Price Target
$231.80
▲(13.41% Upside)
Technical Analysis
Best Analysts Covering OLED
1 Year
1 Year Success Rate
19/28 ratings generated profit
1 Year Average Return
+24.31%
reiterated a buy rating 2 months ago
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 67.86% of your transactions generating a profit, with an average return of +24.31% per trade.
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