Should I buy or sell Universal Display stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

9 brokerages have issued 1-year target prices for Universal Display's shares. Their OLED share price targets range from $135.00 to $185.00. On average, they predict the company's share price to reach $168.10 in the next year. This suggests that the stock has a possible downside of 5.1%. 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 start of the year. Since then, OLED shares have increased by 63.9% and is now trading at $177.07. View the best growth stocks for 2023 here .

Are investors shorting Universal Display?

Universal Display saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 1,050,000 shares, a drop of 17.3% from the October 31st total of 1,270,000 shares. Based on an average daily volume of 306,500 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.4% of the company's shares are sold short. 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, February 22nd 2024. View our OLED earnings forecast .

How were Universal Display's earnings last quarter?

Universal Display Co. (NASDAQ:OLED) released its earnings results on Thursday, November, 2nd. The semiconductor company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.09. The semiconductor company earned $141.08 million during the quarter, compared to analysts' expectations of $146.39 million. Universal Display had a net margin of 35.11% and a trailing twelve-month return on equity of 15.57%.

How often does Universal Display pay dividends? What is the dividend yield for Universal Display?

Universal Display announced a quarterly dividend on Tuesday, October 31st. Investors of record on Friday, December 15th will be given a dividend of $0.35 per share on Friday, December 29th. This represents a $1.40 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, December 14th. Read our dividend analysis for OLED .

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 0.79%. 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 32.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 30.37% next year. This indicates that the company will be able to sustain or increase its dividend. 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) .

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) .

Who are Universal Display's major shareholders?

Universal Display's stock is owned by many different institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (4.26%), FMR LLC (2.95%), Jennison Associates LLC (1.90%), Copeland Capital Management LLC (1.18%), Bank of New York Mellon Corp (0.92%) and Northern Trust Corp (0.88%). Insiders that own company stock include 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 .

Universal Display Stock Price, News & Analysis (NASDAQ:OLED)

$177.07

+0.72 (+0.41%)

(As of 12/4/2023 ET)

Compare

Today's Range: $174.49
▼
$180.00
50-Day Range: $137.08
▼
$176.35
52-Week Range: $103.32
▼
$180.00

Volume: 342,581 shs
Average Volume: 330,778 shs
Market Capitalization: $8.39 billion

P/E Ratio: 41.08
Dividend Yield: 0.79%
Price Target: $168.10

Universal Display MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.78 Rating Score
Upside/Downside: 5.1% Downside
$168.10 Price Target
Short Interest: Healthy
2.40% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.80
Based on 6 Articles This Week
Insider Trading: Selling Shares
$1.51 M Sold Last Quarter
Proj. Earnings Growth: 12.44%
From $4.10 to $4.61 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Computer And Technology Sector

160th out of 593 stocks

Electronic Components & Accessories Industry

1st out of 5 stocks

1.4

Analyst's Opinion

Consensus Rating
Universal Display has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $168.10, Universal Display has a forecasted downside of 5.1% from its current price of $177.07.
Amount of Analyst Coverage
Universal Display has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.40% of the float of Universal Display has been sold short.
Short Interest Ratio / Days to Cover
Universal Display has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Universal Display has recently decreased by 17.32%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Universal Display has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Universal Display has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Universal Display is 32.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Universal Display will have a dividend payout ratio of 30.37% next year. This indicates that Universal Display will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OLED.

2.1

News and Social Media Coverage

News Sentiment
Universal Display has a news sentiment score of 0.80. 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 Week
MarketBeat has tracked 6 news articles for Universal Display this week, compared to 9 articles on an average week.
Search Interest
Only 9 people have searched for OLED on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Universal Display to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $1,507,101.00 in company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Universal Display is held by insiders.
Percentage Held by Institutions
75.92% of the stock of Universal Display is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Universal Display are expected to grow by 12.44% in the coming year, from $4.10 to $4.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Universal Display is 41.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Universal Display is 41.08, 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 245.48.
Price to Earnings Growth Ratio
Universal Display has a PEG Ratio of 1.96. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Universal Display has a P/B Ratio of 6.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Universal Display Stock (NASDAQ:OLED)

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. 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.

OLED Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OLED Stock News Headlines

November 28, 2023 | yahoo.com

The best Cyber Monday TV deals that are still available: Save hundreds on sets from Samsung, Sony, LG and more

November 28, 2023 | finance.yahoo.com

Universal Display (OLED) Inks Long-Term Supply Deal With BOE

December 5, 2023 | Wealthpress (Ad)

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November 28, 2023 | americanbankingnews.com

Brokers Issue Forecasts for Universal Display Co.'s Q1 2025 Earnings (NASDAQ:OLED)

November 28, 2023 | msn.com

Cyber Monday TV deals: Save hundreds on sets from Samsung, LG, Sony and more

November 27, 2023 | msn.com

BOE Technology and Universal Display enter into OLED agreements

November 27, 2023 | yahoo.com

Cyber Monday TV deals 2023: Save up to $500 at Amazon, Target, Walmart and more

November 27, 2023 | msn.com

LAST CHANCE to buy the best OLED TV for Xbox with $250 off for Cyber Monday!

December 5, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 27, 2023 | news.yahoo.com

Cyber Monday LG OLED TV and Samsung TV deals are so crazy this year!

November 26, 2023 | msn.com

Everything You Need To Know About The New OLED Steam Deck

November 25, 2023 | news.yahoo.com

This Black Friday gaming monitor deal takes $120 off one of our favorite LG OLED displays

November 25, 2023 | yahoo.com

The best Black Friday TV deals still available: Get up to $750 off OLED sets from LG and Samsung

November 25, 2023 | nytimes.com

The 175+ Best Cyber Monday Deals Available Now

November 24, 2023 | cnn.com

Snag a Innocn portable OLED monitor for just $100 with this huge Black Friday discount

November 24, 2023 | msn.com

The Black Friday TV deals worth your money from Samsung, LG, Sony and others

November 21, 2023 | sports.yahoo.com

LG OLED TVs and Samsung smart TVs just hit rock-bottom prices for Black Friday

November 21, 2023 | msn.com

Spruce Up Your Living Room With a New LG OLED Evo 4K Smart TV

November 18, 2023 | morningstar.com

Universal Display Corp OLED

November 18, 2023 | yahoo.com

Sony’s new 4000-nit mastering monitor could be bad news for OLED TVs

November 17, 2023 | macrumors.com

Report: Apple Plans to Bring OLED to Nine New Devices By 2027

November 16, 2023 | msn.com

LG OLED TVs are going to get even better next year — here's what we know

November 3, 2023 | msn.com

Save $400 on Samsung's 49" OLED Gaming Monitor

November 3, 2023 | markets.businessinsider.com

Roth MKM Maintains Buy Rating for Universal Display: Here's What You Need To Know

November 3, 2023 | sg.finance.yahoo.com

Q3 2023 Universal Display Corp Earnings Call

November 2, 2023 | msn.com

Compared to Estimates, Universal Display (OLED) Q3 Earnings: A Look at Key Metrics

November 2, 2023 | finance.yahoo.com

Universal Display Corp (OLED) Q3 2023 Earnings: Revenue Declines by 12. ...

See More Headlines

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Company Calendar

Ex-Dividend for 9/29 Dividend: 9/14/2023
Dividend Payable: 9/29/2023
Last Earnings: 11/02/2023
Today: 12/05/2023
Ex-Dividend for 12/29 Dividend: 12/14/2023
Dividend Payable: 12/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic components & accessories
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:OLED
CUSIP: N/A
CIK: 1005284
Web: www.oled.com
Phone: (609) 671-0980
Fax: 609-671-0995
Employees: 443
Year Founded: 1994

Price Target and Rating

Average Stock Price Target: $168.10
High Stock Price Target: $185.00
Low Stock Price Target: $135.00
Potential Upside/Downside: -5.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.78
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.31
Trailing P/E Ratio: 41.08
Forward P/E Ratio: 43.19
P/E Growth: 1.96
Net Income: $210.06 million
Net Margins: 35.11%
Pretax Margin: 42.62%
Return on Equity: 15.57%
Return on Assets: 13.23%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.69
Quick Ratio: 5.31

Sales & Book Value

Annual Sales: $616.62 million
Price / Sales: 13.60
Cash Flow: $5.23 per share
Price / Cash Flow: 33.88
Book Value: $27.00 per share
Price / Book: 6.56

Miscellaneous

Outstanding Shares: 47,360,000
Free Float: 46,458,000
Market Cap: $8.39 billion
Optionable: Optionable
Beta: 1.41

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Key Executives

Mr. Steven V. Abramson (Age 71)
President, CEO & Director
Comp: $2.75M
Mr. Brian Millard (Age 40)
VP, CFO & Treasurer
Comp: $842.11k
Dr. Julia J. Brown Ph.D. (Age 62)
Executive VP & Chief Technical Officer
Comp: $2.11M
Ms. Janice K. Mahon (Age 65)
Senior VP of Technology Commercialization & GM of Commercial Sales Business
Comp: $1.47M
Mr. Mauro Premutico (Age 57)
Senior VP of Planning, GM of Patents & Licensing and Secretary
Comp: $1.79M
Darice Liu
Director of Investor Relations & Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OLED Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Display stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 9 brokerages have issued 1-year target prices for Universal Display's shares. Their OLED share price targets range from $135.00 to $185.00. On average, they predict the company's share price to reach $168.10 in the next year. This suggests that the stock has a possible downside of 5.1%.
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 start of the year. Since then, OLED shares have increased by 63.9% and is now trading at $177.07.
View the best growth stocks for 2023 here.
Are investors shorting Universal Display?: Universal Display saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 1,050,000 shares, a drop of 17.3% from the October 31st total of 1,270,000 shares. Based on an average daily volume of 306,500 shares, the days-to-cover ratio is currently 3.4 days. Approximately 2.4% of the company's shares are sold short.
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, February 22nd 2024.
View our OLED earnings forecast.
How were Universal Display's earnings last quarter?: Universal Display Co. (NASDAQ:OLED) released its earnings results on Thursday, November, 2nd. The semiconductor company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.09. The semiconductor company earned $141.08 million during the quarter, compared to analysts' expectations of $146.39 million. Universal Display had a net margin of 35.11% and a trailing twelve-month return on equity of 15.57%.
How often does Universal Display pay dividends? What is the dividend yield for Universal Display?: Universal Display announced a quarterly dividend on Tuesday, October 31st. Investors of record on Friday, December 15th will be given a dividend of $0.35 per share on Friday, December 29th. This represents a $1.40 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for OLED.

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 0.79%. 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 32.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 30.37% next year. This indicates that the company will be able to sustain or increase its dividend.
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).
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).
Who are Universal Display's major shareholders?: Universal Display's stock is owned by many different institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (4.26%), FMR LLC (2.95%), Jennison Associates LLC (1.90%), Copeland Capital Management LLC (1.18%), Bank of New York Mellon Corp (0.92%) and Northern Trust Corp (0.88%). Insiders that own company stock include 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.

This page (NASDAQ:OLED) was last updated on 12/5/2023 by MarketBeat.com Staff

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