About Universal Display
Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED), technologies and materials for use in displays for wearables, smartphones, tablets and televisions, as well as solid-state lighting applications. The Company's flat panel displays are used for various portable consumer electronics products, such as mobile phones, wearables, portable media devices, digital cameras, tablets and notebook computers. It also supplies its OLED materials to manufacturers of OLED displays and lighting products for evaluation and for use in product development and for pre-commercial activities, and it also provides technical assistance and support to these manufacturers. It has produced and sold phosphorescent emitter materials that produce red, yellow, green and light-blue light, which are combined in various ways for the flat panel display and the lighting market. It has also developed host materials for the emissive layer.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductor Equipment & Materials
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: OLED
- Previous Close: $84.85
- 50 Day Moving Average: $65.85
- 200 Day Moving Average: $58.87
- 52-Week Range: $47.88 - $88.50
- Trailing P/E Ratio: 84.22
- Foreward P/E Ratio: 38.74
- P/E Growth: 2.86
- Market Cap: $4.04B
- Outstanding Shares: 46,913,000
- Beta: 1.27
- Net Margins: 21.61%
- Return on Equity: 8.37%
- Return on Assets: 7.08%
Companies Related to Universal Display:
- Current Ratio: 11.17%
- Quick Ratio: 10.65%
What is Universal Display's stock symbol?
Universal Display trades on the NASDAQ under the ticker symbol "OLED."
How often does Universal Display pay dividends? What is the dividend yield for Universal Display?
Universal Display declared a special dividend on Friday, February 24th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.03 per share on Friday, March 31st. The ex-dividend date of this dividend is Monday, March 13th.
Where is Universal Display's stock going? Where will Universal Display's stock price be in 2017?
7 brokers have issued 1 year price targets for Universal Display's stock. Their forecasts range from $65.00 to $105.00. On average, they anticipate Universal Display's share price to reach $78.83 in the next year.
When will Universal Display announce their earnings?
Universal Display is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.
What are analysts saying about Universal Display stock?
Here are some recent quotes from research analysts about Universal Display stock:
According to Zacks Investment Research, "Universal Display Corporation is located in the Princeton Crossroads Corporate Center in Ewing, New Jersey, minutes away from its research partner at Princeton University. Universal Display's state-of-the-art facility is designed to further technology and materials development, technology transfer to manufacturing partners and work with customers to develop OLED products that meet their needs. " (3/1/2017)
- Susquehanna Bancshares Inc analysts commented, "UDC had a strong report and its guide came in above expectations. As UDC's customers diversify their own customer list, with shipment starting to increase materially in 2H17, we expect additional upside to material sales expectations. This should not be viewed as a peaking trend, but rather as the start of a journey as OLED technology starts to make a structural penetration into smartphone and TV end markets. This trend is expected to accelerate later this decade when OLED enabled foldable/flexible display technologies are adopted while OLED is used in lighting application, providing additional drivers for upside to our current 2019 EPS estimate of $3.03. Additionally, not only UDC benefits from higher material sales as OLED display starts its penetration, UDC is also uniquely positioned to scale its Licensing and Royalty revenues as it is based on % of customer's revenue per system. Given lack of competition, and decades of R&D and experience, combined with thousands of patents at its disposal, UDC is well positioned, in our view, to see its Licensing and Royalty revenue stream scale as customers' unit shipment increases." (2/24/2017)
Gabelli analysts commented, "a large increase in the global OLED display capacity building, higher OLED display penetration across multiple devices and OLED TV potentials."However, the brokerage said, "We believe there are still uncertainties on rapid commercialization of OLED TVs in 2016 and Apple's potential OLED display adoption for its iPhone in 2017–2018." The downgrade comes on the heels of the company reporting its first-quarter results and backing of its full-year outlook.Related Link: If Apple Adopts OLED, It Could Benefit These StocksThe Gabelli valuation read, "We believe the company can achieve its 2016 revenue target. Sales in the first quarter was in line with our expectation. The year-over-year decline was driven by the anticipated decline of green host materials sales and partially offset by 12 percent increase in emitter materials sales. The company saw year-over-year increase in green emitter materials and decline in red emitter materials sales."The brokerage continued, stating that management expects operating expenses to grow by 10–15 percent this year, as the company was increasing its R&D to "develop newer advanced materials in anticipation of a surge in OLED display capacity in 2017 and beyond."Gabelli's report elaborated, "New production capacity lead times are usually in excess of twelve months. Leading manufacturers are building framework for the next phase of expansion and high volume OLED production to begin ramping up in 2017. LG is planning to increase its OLED TV production from ~400,000 in 2015 to 1 million in 2016."Looking further into the future, Gabelli said global capacity supply build for late 2017 and 2018 is likely dependent upon whether the speculation that Apple Inc. (NASDAQ: AAPL) will adopt OLED displays for future iPhone models will come to fruition. The analysts concluded, "Universal Display's capital investment to enlarge its production capacity would be relatively small. Surge in OLED display industry capacity will be a significant driver to sales growth, operating profit and free cash flow." (5/6/2016)
Who owns Universal Display stock?
Universal Display's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (3.91%), State Street Corp (1.63%), NN Investment Partners Holdings N.V. (1.51%), Avenir Corp (1.01%), FIL Ltd (0.73%) and Systematic Financial Management LP (0.63%). Company insiders that own Universal Display stock include C Keith Hartley, Janice K Mahon, Julia J Brown, Lawrence Lacerte, Leonard Becker, Sherwin I Seligsohn, Sidney D Rosenblatt and Steven V Abramson.
Who sold Universal Display stock? Who is selling Universal Display stock?
Universal Display's stock was sold by a variety of institutional investors in the last quarter, including Cavalry Management Group LLC, AQR Capital Management LLC, Credit Agricole S A and Princeton Portfolio Strategies Group LLC. Company insiders that have sold Universal Display stock in the last year include Janice K Mahon, Julia J Brown, Lawrence Lacerte, Leonard Becker and Sidney D Rosenblatt.
Who bought Universal Display stock? Who is buying Universal Display stock?
Universal Display's stock was acquired by a variety of institutional investors in the last quarter, including Newbrook Capital Advisors LP, Frontier Capital Management Co. LLC, Fred Alger Management Inc., FIL Ltd, NN Investment Partners Holdings N.V., Friess Associates LLC, Raymond James Financial Services Advisors Inc. and Russell Investments Group Ltd..
How do I buy Universal Display stock?
Shares of Universal Display can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Universal Display stock cost?
One share of Universal Display stock can currently be purchased for approximately $84.85.