Universal Display Co. (NASDAQ:OLED - Free Report) - Investment analysts at Zacks Research dropped their FY2025 earnings estimates for shares of Universal Display in a report released on Tuesday, April 22nd. Zacks Research analyst R. Department now expects that the semiconductor company will earn $4.58 per share for the year, down from their prior forecast of $4.59. The consensus estimate for Universal Display's current full-year earnings is $4.71 per share. Zacks Research also issued estimates for Universal Display's Q1 2026 earnings at $1.24 EPS and FY2026 earnings at $5.46 EPS.
A number of other research firms also recently weighed in on OLED. Citigroup cut their price target on shares of Universal Display from $200.00 to $162.00 and set a "neutral" rating on the stock in a report on Monday, February 10th. Roth Mkm raised their price target on shares of Universal Display from $207.00 to $213.00 and gave the company a "buy" rating in a report on Friday, February 21st. Susquehanna lowered their target price on shares of Universal Display from $165.00 to $160.00 and set a "neutral" rating on the stock in a research note on Friday, February 21st. Oppenheimer lowered their target price on shares of Universal Display from $220.00 to $200.00 and set an "outperform" rating on the stock in a research note on Thursday, January 2nd. Finally, Needham & Company LLC lowered their target price on shares of Universal Display from $215.00 to $170.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $190.43.
Read Our Latest Research Report on Universal Display
Universal Display Stock Performance
Shares of Universal Display stock traded down $0.99 during midday trading on Friday, reaching $123.19. 140,359 shares of the company's stock traded hands, compared to its average volume of 561,226. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. The company's 50 day simple moving average is $136.78 and its 200 day simple moving average is $153.64. Universal Display has a 52 week low of $103.70 and a 52 week high of $237.00.
Universal Display (NASDAQ:OLED - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The semiconductor company reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.14. The business had revenue of $162.29 million for the quarter, compared to the consensus estimate of $152.75 million. Universal Display had a net margin of 34.29% and a return on equity of 15.51%.
Institutional Trading of Universal Display
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Axxcess Wealth Management LLC grew its position in Universal Display by 69.2% in the 1st quarter. Axxcess Wealth Management LLC now owns 2,440 shares of the semiconductor company's stock worth $340,000 after purchasing an additional 998 shares during the last quarter. Linden Thomas Advisory Services LLC grew its position in Universal Display by 0.8% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 12,319 shares of the semiconductor company's stock worth $1,718,000 after purchasing an additional 96 shares during the last quarter. M&T Bank Corp grew its position in Universal Display by 13.0% in the 1st quarter. M&T Bank Corp now owns 2,215 shares of the semiconductor company's stock worth $308,000 after purchasing an additional 255 shares during the last quarter. Brown Advisory Inc. acquired a new stake in Universal Display in the 1st quarter worth $72,327,000. Finally, TD Private Client Wealth LLC grew its position in Universal Display by 50.3% in the 1st quarter. TD Private Client Wealth LLC now owns 14,638 shares of the semiconductor company's stock worth $2,042,000 after purchasing an additional 4,896 shares during the last quarter. 78.19% of the stock is currently owned by institutional investors and hedge funds.
Universal Display Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.46%. This is a positive change from Universal Display's previous quarterly dividend of $0.40. The ex-dividend date was Monday, March 17th. Universal Display's dividend payout ratio (DPR) is currently 38.71%.
About Universal Display
(
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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.
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