NASDAQ:OLED

Universal Display Stock Forecast, Price & News

$250.60

-6.17 (-2.40 %)

(As of 01/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$249.10

Now: $250.60▼

$257.54

50-Day Range

$224.31

MA: $235.86▼

$256.77

52-Week Range

$105.11

Now: $250.60▼

$261.22

Volume217,231 shs

Average Volume322,293 shs

Market Capitalization$11.80 billion

P/E Ratio112.38

Dividend Yield0.23%

Beta1.42

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. As of February 20, 2020, it owned, exclusively licenses, or had sole rights to sublicense approximately 5,000 issued and pending patents worldwide. The company licenses and supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. 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; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. 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. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. The company was founded in 1985 and is headquartered in Ewing, New Jersey.

MarketRank^™

Overall MarketRank^™

2.03 out of 5 stars

Computer And Technology Sector

58th out of 1,258 stocks

Electronic Components & Accessories Industry

1st out of 18 stocks

2.4 Analyst's Opinion

Consensus Rating
Universal Display has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $215.57, Universal Display has a forecasted downside of 14.0% from its current price of $250.60.
Amount of Analyst Coverage
Universal Display has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Universal Display has received 516 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Universal Display has received 514 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Universal Display has received 50.10% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Universal Display and other stocks. Vote “Outperform” if you believe OLED will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OLED will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Universal Display has a dividend yield of 0.23%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Universal Display does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Universal Display is 18.18%. 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 15.19% next year. This indicates that Universal Display will be able to sustain or increase its dividend.

1.7 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 $14,295,738.00 in company stock.
Percentage Held by Insiders
Only 3.30% of the stock of Universal Display is held by insiders.
Percentage Held by Institutions
69.38% of the stock of Universal Display is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Universal Display are expected to grow by 71.74% in the coming year, from $2.30 to $3.95 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Universal Display is 112.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Universal Display is 112.38, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 95.28.
Price to Earnings Growth Ratio
Universal Display has a PEG Ratio of 2.99. 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 13.42. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Electronic components & accessories

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:OLED

Previous Symbol

CUSIPN/A

CIK1005284

Webwww.oled.com

Phone609-671-0980

Employees309

Debt

Debt-to-Equity RatioN/A

Current Ratio4.85

Quick Ratio4.39

Price-To-Earnings

Trailing P/E Ratio112.38

Forward P/E Ratio108.96

P/E Growth2.99

Sales & Book Value

Annual Sales$405.18 million

Price / Sales29.13

Cash Flow$1.25 per share

Price / Cash Flow200.73

Book Value$18.67 per share

Price / Book13.42

Profitability

EPS (Most Recent Fiscal Year)$3.30

Net Income$138.30 million

Net Margins27.22%

Return on Equity13.21%

Return on Assets9.61%

Miscellaneous

Outstanding Shares47,104,000

Market Cap$11.80 billion

Next Earnings Date2/18/2021 (Estimated)

OptionableOptionable

$250.60

-6.17 (-2.40 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive OLED News and Ratings via Email

Sign-up to receive the latest news and ratings for OLED and its competitors with MarketBeat's FREE daily newsletter.

Universal Display (NASDAQ:OLED) Frequently Asked Questions

How has Universal Display's stock price been impacted by COVID-19 (Coronavirus)?

Universal Display's stock was trading at $147.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OLED shares have increased by 69.4% and is now trading at $250.60.
View which stocks have been most impacted by COVID-19.

Is Universal Display a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Universal Display stock.
View analyst ratings for Universal Display or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Universal Display?

Wall Street analysts have given Universal Display a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Universal Display wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Universal Display's next earnings date?

Universal Display is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Universal Display.

How were Universal Display's earnings last quarter?

Universal Display Co. (NASDAQ:OLED) posted its quarterly earnings results on Thursday, October, 29th. The semiconductor company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.54 by $0.31. The semiconductor company earned $117.10 million during the quarter, compared to analysts' expectations of $90.05 million. Universal Display had a return on equity of 13.21% and a net margin of 27.22%. The company's quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 earnings per share.
View Universal Display's earnings history.

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

Universal Display declared a quarterly dividend on Thursday, October 29th. Investors of record on Tuesday, December 15th will be paid a dividend of $0.15 per share on Thursday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Monday, December 14th.
View Universal Display's dividend history.

Is Universal Display a good dividend stock?

Universal Display pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.23%. The dividend payout ratio of Universal Display is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Universal Display will have a dividend payout ratio of 15.19% next year. This indicates that Universal Display will be able to sustain or increase its dividend.
View Universal Display's dividend history.

What guidance has Universal Display issued on next quarter's earnings?

Universal Display updated its FY 2020 After-Hours earnings guidance on Thursday, October, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $385-400 million, compared to the consensus revenue estimate of $377.1 million.

What price target have analysts set for OLED?

7 analysts have issued 12-month target prices for Universal Display's stock. Their forecasts range from $182.00 to $245.00. On average, they expect Universal Display's share price to reach $215.57 in the next twelve months. This suggests that the stock has a possible downside of 14.0%.
View analysts' price targets for Universal Display or view Wall Street analyst' top-rated stocks.

Who are some of Universal Display's key competitors?

Some companies that are related to Universal Display include Hubbell (HUBB), MinebeaMitsumi (MNBEY), Mercury Systems (MRCY), Vishay Intertechnology (VSH), Vishay Precision Group (VPG), IntriCon (IIN), MICT (MICT), Cemtrex (CETX), Tel-Instrument Electronics (TIKK), Video Display (VIDE), Electronic Systems Technology (ELST), Viewtran Group (VIEWF), ACS Motion Control (ACSEF), Diguang International Development (DGNG) and Enova Systems (ENVS).
View all of OLED's competitors.

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), Square (SQ), Advanced Micro Devices (AMD) and Broadcom (AVGO).

Who are Universal Display's key executives?

Universal Display's management team includes the following people:

Mr. Sherwin I. Seligsohn, Founder & Chairman (Age 85, Pay $2.82M)
Mr. Steven V. Abramson, Pres, CEO & Director (Age 69, Pay $4.57M)
Mr. Sidney D. Rosenblatt, Exec. VP, CFO, Treasurer, Sec. & Director (Age 73, Pay $4.58M)
Dr. Julia J. Brown, Sr. VP & Chief Technical Officer (Age 60, Pay $3.22M)
Mr. Mauro Premutico, VP of Legal and GM of Patents & Licensing (Age 55, Pay $2.27M)
Darice Liu, Director of Investor Relations & Corp. Communications

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 number of institutional and retail investors. Top institutional investors include Endurance Wealth Management Inc. (0.31%), Scout Investments Inc. (0.17%), Atalanta Sosnoff Capital LLC (0.13%), State of Alaska Department of Revenue (0.02%), Red Spruce Capital LLC (0.01%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Universal Display stock include C Keith Hartley, Cynthia Jane Comparin, Janice K Mahon, Jonathan W Painter, Julia J Brown, Lawrence Lacerte, Mauro Premutico, Richard C Elias, Rosemarie B Greco, Sidney D Rosenblatt and Steven V Abramson.
View institutional ownership trends for Universal Display.

Which institutional investors are selling Universal Display stock?

OLED stock was sold by a variety of institutional investors in the last quarter, including Endurance Wealth Management Inc., Red Spruce Capital LLC, Crossmark Global Holdings Inc., and Scout Investments Inc.. Company insiders that have sold Universal Display company stock in the last year include C Keith Hartley, Julia J Brown, Lawrence Lacerte, Mauro Premutico, and Sidney D Rosenblatt.
View insider buying and selling activity for Universal Display or view top insider-selling stocks.

Which institutional investors are buying Universal Display stock?

OLED stock was bought by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, NuWave Investment Management LLC, State of Alaska Department of Revenue, Raymond James Trust N.A., and Sowell Financial Services LLC.
View insider buying and selling activity for Universal Display or or view top insider-buying stocks.

How do I buy shares of Universal Display?

Shares of OLED 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.

What is Universal Display's stock price today?

One share of OLED stock can currently be purchased for approximately $250.60.

How big of a company is Universal Display?

Universal Display has a market capitalization of $11.80 billion and generates $405.18 million in revenue each year. The semiconductor company earns $138.30 million in net income (profit) each year or $3.30 on an earnings per share basis. Universal Display employs 309 workers across the globe.

What is Universal Display's official website?

The official website for Universal Display is www.oled.com.

How can I contact Universal Display?

Universal Display's mailing address is 375 PHILLIPS BOULEVARD, EWING NJ, 08618. The semiconductor company can be reached via phone at 609-671-0980 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here