Universal Display Co. to Post FY2025 Earnings of $5.36 Per Share, Zacks Research Forecasts (NASDAQ:OLED)

Universal Display Co. (NASDAQ:OLED - Free Report) - Zacks Research upped their FY2025 earnings per share (EPS) estimates for Universal Display in a note issued to investors on Tuesday, April 30th. Zacks Research analyst R. Department now expects that the semiconductor company will post earnings of $5.36 per share for the year, up from their prior forecast of $5.35. The consensus estimate for Universal Display's current full-year earnings is $4.72 per share. Zacks Research also issued estimates for Universal Display's Q1 2026 earnings at $1.40 EPS.

Several other research firms also recently commented on OLED. TD Cowen boosted their price target on shares of Universal Display from $165.00 to $210.00 and gave the stock an "outperform" rating in a research note on Friday, February 23rd. Needham & Company LLC restated a "buy" rating and issued a $198.00 price target on shares of Universal Display in a research note on Tuesday, March 26th. Citigroup restated a "neutral" rating and issued a $180.00 price target (up previously from $161.00) on shares of Universal Display in a research note on Friday, January 19th. Finally, Oppenheimer restated an "outperform" rating and issued a $200.00 price target (down previously from $210.00) on shares of Universal Display in a research note on Friday, February 23rd. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, Universal Display presently has a consensus rating of "Moderate Buy" and a consensus price target of $199.86.

Universal Display Stock Performance

Shares of NASDAQ:OLED traded up $3.66 during trading on Thursday, hitting $156.32. The company's stock had a trading volume of 510,513 shares, compared to its average volume of 283,149. The business has a 50 day moving average price of $163.92 and a two-hundred day moving average price of $169.04. The company has a market capitalization of $7.42 billion, a PE ratio of 36.00, a P/E/G ratio of 1.72 and a beta of 1.44. Universal Display has a fifty-two week low of $125.98 and a fifty-two week high of $194.84.

Universal Display (NASDAQ:OLED - Get Free Report) last announced its earnings results 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 company had revenue of $158.32 million for the quarter, compared to analyst estimates of $161.08 million. Universal Display had a return on equity of 14.85% and a net margin of 35.22%. The firm's quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.36 earnings per share.

Hedge Funds Weigh In On Universal Display

Institutional investors and hedge funds have recently modified their holdings of the company. Vontobel Holding Ltd. grew its stake in shares of Universal Display by 6.4% during the fourth quarter. Vontobel Holding Ltd. now owns 309,804 shares of the semiconductor company's stock worth $59,253,000 after purchasing an additional 18,582 shares in the last quarter. FengHe Fund Management Pte. Ltd. purchased a new stake in Universal Display in the fourth quarter valued at $5,451,000. Van ECK Associates Corp lifted its position in Universal Display by 18.3% in the fourth quarter. Van ECK Associates Corp now owns 270,184 shares of the semiconductor company's stock valued at $51,676,000 after acquiring an additional 41,795 shares during the last quarter. Linden Thomas Advisory Services LLC lifted its position in Universal Display by 3.3% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 14,848 shares of the semiconductor company's stock valued at $2,840,000 after acquiring an additional 469 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Universal Display by 54.5% in the third quarter. Sei Investments Co. now owns 80,538 shares of the semiconductor company's stock valued at $12,644,000 after acquiring an additional 28,415 shares during the last quarter. Institutional investors and hedge funds own 78.19% of the company's stock.

Universal Display Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were paid a dividend of $0.40 per share. The ex-dividend date was Thursday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.02%. This is an increase from Universal Display's previous quarterly dividend of $0.35. Universal Display's payout ratio is presently 37.74%.

About Universal Display

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.