NASDAQ:OLED Universal Display (OLED) Stock Forecast, Price & News $158.46 -0.02 (-0.01%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$158.22▼$161.6350-Day Range$139.09▼$164.6052-Week Range$89.41▼$166.57Volume203,024 shsAverage Volume280,047 shsMarket Capitalization$7.50 billionP/E Ratio36.43Dividend Yield0.88%Price Target$167.22 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Universal Display MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside5.5% Upside$167.22 Price TargetShort InterestHealthy2.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.90Based on 9 Articles This WeekInsider TradingSelling Shares$1.82 M Sold Last QuarterProj. Earnings Growth17.68%From $3.96 to $4.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.96 out of 5 starsComputer And Technology Sector36th out of 586 stocksElectronic Components & Accessories Industry1st out of 6 stocks 2.4 Analyst's Opinion Consensus RatingUniversal Display has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $167.22, Universal Display has a forecasted upside of 5.5% from its current price of $158.46.Amount of Analyst CoverageUniversal Display has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.32% of the float of Universal Display has been sold short.Short Interest Ratio / Days to CoverUniversal Display has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Universal Display has recently decreased by 21.09%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldUniversal Display has a dividend yield of 0.88%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthUniversal Display has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Universal Display is 32.18%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Universal Display will have a dividend payout ratio of 30.04% next year. This indicates that Universal Display will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OLED. Previous Next 3.3 News and Social Media Coverage News SentimentUniversal Display has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Universal Display this week, compared to 8 articles on an average week.Search InterestOnly 4 people have searched for OLED on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat Follows4 people have added Universal Display to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Universal Display insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,822,461.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Universal Display is held by insiders.Percentage Held by Institutions75.92% of the stock of Universal Display is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Universal Display are expected to grow by 17.68% in the coming year, from $3.96 to $4.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Universal Display is 36.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Universal Display is 36.43, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 250.97.Price to Earnings Growth RatioUniversal Display has a PEG Ratio of 2.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioUniversal Display has a P/B Ratio of 5.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Universal Display (NASDAQ:OLED) StockUniversal 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. 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 materials 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 incorporated in 1985 and is headquartered in Ewing, New Jersey.Read More OLED Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OLED Stock News HeadlinesSeptember 24, 2023 | yahoo.comLG G3 OLED review: LG's brightest OLED TV ever delivers elite picturesSeptember 22, 2023 | msn.comLG M3 Wireless OLED: zero wires, zero problemsSeptember 24, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 22, 2023 | americanbankingnews.comZacks Research Research Analysts Lift Earnings Estimates for Universal Display Co. (NASDAQ:OLED)September 21, 2023 | msn.comWe found 5 great OLED gaming monitors in the clearance binSeptember 17, 2023 | yahoo.comI swapped my LG C2 OLED TV for the LG G3, and it's the best upgrade I've ever madeSeptember 15, 2023 | americanbankingnews.comUniversal Display's (OLED) "Buy" Rating Reiterated at Needham & Company LLCSeptember 14, 2023 | yahoo.comSamsung Is Having a Massive Sale on Its New 8K, OLED, and Outdoor TVs This WeekSeptember 24, 2023 | Legacy Research (Ad)The Real Reason They Murdered JFK?Some people believe JFK was murdered because of his executive order 11110 that would have reduced the power of the Federal Reserve. Regardless if that’s true or not… The Fed is now involved in a new controversy that could have drastic consequences for the US dollar.September 14, 2023 | seekingalpha.comUniversal Display Corporation: The Uptrend Remains After A Close CallSeptember 13, 2023 | markets.businessinsider.com6 Analysts Have This to Say About Universal DisplaySeptember 11, 2023 | finance.yahoo.comUniversal Display (OLED): A Comprehensive Analysis of Its Market ValueSeptember 11, 2023 | finance.yahoo.comUnveiling the Investment Potential of Universal Display Corp (OLED): A Comprehensive Analysis ...September 7, 2023 | msn.comNearly every size of the LG C3 OLED TV is on saleSeptember 3, 2023 | finance.yahoo.comAt US$164, Is It Time To Put Universal Display Corporation (NASDAQ:OLED) On Your Watch List?September 2, 2023 | msn.comMini’s new Cooper EV centers a giant circular OLED on the dashSeptember 1, 2023 | msn.comPHOLED could give your next OLED TV a boost — and it’s coming next yearAugust 31, 2023 | msn.comUniversal Display (OLED) Price Target Increased by 8.65% to 179.35August 29, 2023 | finance.yahoo.comUniversal Display Corporation Announces Recipients of the 2023 UDC Innovative Research and Pioneering Technology Awards at IMID KoreaAugust 28, 2023 | yahoo.comOLED is dead, long live QD-OLED!August 28, 2023 | cnn.comQLED vs. OLED: Which type of TV is best for you?August 25, 2023 | msn.comNext-gen OLED TVs could boost brightness without a price hike – here’s howAugust 24, 2023 | msn.comOLED will remain the best display technology for 'the next 10 years'August 23, 2023 | news.yahoo.comLG G3 OLED is up to 70% brighter than the LG C3 OLED — our test results are inAugust 22, 2023 | msn.comLG transparent OLED TVs could be coming to your living room — here's whyAugust 20, 2023 | finance.yahoo.comHere's Why Universal Display (NASDAQ:OLED) Has Caught The Eye Of InvestorsAugust 18, 2023 | finance.yahoo.comThese 2 Portfolio Names Crushed EarningsSee More Headlines Receive OLED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Universal Display and its competitors with MarketBeat's FREE daily newsletter. Email Address OLED Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings8/03/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/24/2023Dividend Payable9/29/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electronic components & accessories Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:OLED CUSIPN/A CIK1005284 Webwww.oled.com Phone(609) 671-0980Fax609-671-0995Employees443Year Founded1994Price Target and Rating Average Stock Price Forecast$167.22 High Stock Price Forecast$185.00 Low Stock Price Forecast$135.00 Forecasted Upside/Downside+5.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.35 Trailing P/E Ratio36.43 Forward P/E Ratio40.02 P/E Growth2.67Net Income$210.06 million Net Margins34.31% Pretax Margin43.92% Return on Equity16.24% Return on Assets13.56% Debt Debt-to-Equity RatioN/A Current Ratio10.88 Quick Ratio8.70 Sales & Book Value Annual Sales$616.62 million Price / Sales12.17 Cash Flow$5.21 per share Price / Cash Flow30.44 Book Value$27.00 per share Price / Book5.87Miscellaneous Outstanding Shares47,350,000Free Float46,446,000Market Cap$7.50 billion OptionableOptionable Beta1.29 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Steven V. Abramson (Age 71)Pres, CEO & Director Comp: $2.75MMr. Brian Millard (Age 40)VP, CFO & Treasurer Comp: $842.11kDr. Julia J. Brown Ph.D. (Age 62)Exec. VP & Chief Technical Officer Comp: $2.11MMs. Janice K. Mahon (Age 65)Sr. VP of Technology Commercialization & GM of Commercial Sales Bus. Comp: $1.47MMr. Mauro Premutico (Age 57)Sr. VP of Planning, GM of Patents & Licensing and Sec. Comp: $1.79MDarice LiuDirector of Investor Relations & Corp. CommunicationsMore ExecutivesKey CompetitorsVishay IntertechnologyNYSE:VSHMercury SystemsNASDAQ:MRCYCognexNASDAQ:CGNXWoodwardNASDAQ:WWDGuidewire SoftwareNYSE:GWREView All CompetitorsInsiders & InstitutionsBarclays PLCBought 19,532 shares on 9/21/2023Ownership: 0.113%Mauro PremuticoSold 9,351 sharesTotal: $1.51 M ($161.17/share)Wolverine Trading LLCBought 12,100 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 93,303 shares on 8/22/2023Ownership: 0.197%Virginia Retirement Systems ET ALBought 15,300 shares on 8/22/2023Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions OLED Stock - Frequently Asked Questions Should I buy or sell Universal Display stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 8 analysts have issued 12 month price objectives for Universal Display's shares. Their OLED share price forecasts range from $135.00 to $185.00. On average, they expect the company's share price to reach $167.22 in the next year. This suggests a possible upside of 5.5% 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 2023? Universal Display's stock was trading at $108.04 at the beginning of 2023. Since then, OLED stock has increased by 46.7% and is now trading at $158.46. View the best growth stocks for 2023 here. Are investors shorting Universal Display? Universal Display saw a drop in short interest in August. As of August 31st, there was short interest totaling 1,010,000 shares, a drop of 21.1% from the August 15th total of 1,280,000 shares. Based on an average daily volume of 286,200 shares, the short-interest ratio is presently 3.5 days. Currently, 2.3% of the company's 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, November 2nd 2023. View our OLED earnings forecast. How were Universal Display's earnings last quarter? Universal Display Co. (NASDAQ:OLED) announced its quarterly earnings data on Thursday, August, 3rd. The semiconductor company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.75 by $0.29. The semiconductor company earned $146.57 million during the quarter, compared to analysts' expectations of $128.60 million. Universal Display had a net margin of 34.31% and a trailing twelve-month return on equity of 16.24%. Universal Display's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.87 EPS. How often does Universal Display pay dividends? What is the dividend yield for Universal Display? Universal Display announced a quarterly dividend on Tuesday, August 1st. Investors of record on Friday, September 15th will be paid a dividend of $0.35 per share on Friday, September 29th. This represents a $1.40 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Thursday, September 14th. Read our dividend analysis for OLED. What ETFs hold Universal Display's stock? ETFs with the largest weight of Universal Display (NASDAQ:OLED) stock in their portfolio include ProShares Smart Materials ETF (TINT), iShares Breakthrough Environmental Solutions ETF (ETEC), SPDR S&P Semiconductor ETF (XSD), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), ProShares Metaverse ETF (VERS), Invesco WilderHill Clean Energy ETF (PBW), Blue Horizon BNE ETF (BNE) and Harbor Small Cap Explorer ETF (QWST). Is Universal Display a good dividend stock? Universal Display (NASDAQ:OLED) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.88%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 32.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 30.04% 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 updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $560.00 million-$600.00 million, compared to the consensus revenue estimate of $573.72 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). What is Universal Display's stock symbol? Universal Display trades on the NASDAQ under the ticker symbol "OLED." Who are Universal Display's major shareholders? Universal Display's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.44%), State Street Corp (3.21%), Alliancebernstein L.P. (3.03%), Jennison Associates LLC (1.75%), Geode Capital Management LLC (1.66%) and Copeland Capital Management LLC (1.18%). Insiders that own company stock include C Keith Hartley, Julia J Brown, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Universal Display's stock price today? One share of OLED stock can currently be purchased for approximately $158.46. How much money does Universal Display make? Universal Display (NASDAQ:OLED) has a market capitalization of $7.50 billion and generates $616.62 million in revenue each year. The semiconductor company earns $210.06 million in net income (profit) each year or $4.35 on an earnings per share basis. How many employees does Universal Display have? The company employs 443 workers across the globe. How can I contact Universal Display? Universal Display's mailing address is 375 PHILLIPS BOULEVARD, EWING NJ, 08618. The official website for the company is www.oled.com. The semiconductor company can be reached via phone at (609) 671-0980, via email at investor@oled.com, or via fax at 609-671-0995. This page (NASDAQ:OLED) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Universal Display Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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