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Universal Display Corp. (NASDAQ: OLED) closed the day trading at $203.37 down -3.11% from the previous closing price of $209.90. In other words, the price has decreased by -$3.11 from its previous closing price. On the day, 0.53 million shares were traded. OLED stock price reached its highest trading level at $208.61 during the session, while it also had its lowest trading level at $202.43.
Ratios:
For a better understanding of OLED, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.41. For the most recent quarter (mrq), Quick Ratio is recorded 5.18 and its Current Ratio is at 6.31. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on August 02, 2024, Reiterated its Buy rating but revised its target price to $250 from $210 previously.
On July 02, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $198 to $242.
TD Cowen reiterated its Outperform rating for the stock on February 23, 2024, while the target price for the stock was revised from $165 to $210.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 29 ’24 when ELIAS RICHARD C sold 5,064 shares for $192.60 per share. The transaction valued at 975,326 led to the insider holds 4,439 shares of the business.
LACERTE LAWRENCE bought 1,000 shares of OLED for $187,990 on Aug 28 ’24. The Director now owns 121,316 shares after completing the transaction at $187.99 per share. On Aug 29 ’24, another insider, ELIAS RICHARD C, who serves as the Director of the company, bought 5,064 shares for $192.60 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLED now has a Market Capitalization of 9650333696 and an Enterprise Value of 9144477696. As of this moment, Universal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.67, and their Forward P/E ratio for the next fiscal year is 35.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.49 while its Price-to-Book (P/B) ratio in mrq is 6.32. Its current Enterprise Value per Revenue stands at 14.674 whereas that against EBITDA is 32.895.
Stock Price History:
Over the past 52 weeks, OLED has reached a high of $237.00, while it has fallen to a 52-week low of $133.67. The 50-Day Moving Average of the stock is 3.11%, while the 200-Day Moving Average is calculated to be 10.15%.
Shares Statistics:
Over the past 3-months, OLED traded about 481.91K shares per day on average, while over the past 10 days, OLED traded about 745310 shares per day. A total of 47.37M shares are outstanding, with a floating share count of 43.77M. Insiders hold about 7.77% of the company’s shares, while institutions hold 78.86% stake in the company. Shares short for OLED as of 1726185600 were 1467835 with a Short Ratio of 3.05, compared to 1723680000 on 1044725. Therefore, it implies a Short% of Shares Outstanding of 1467835 and a Short% of Float of 3.15.
Dividends & Splits
OLED’s forward annual dividend rate is 1.55, up from 1.5 a year ago. Against a Trailing Annual Dividend Yield of 0.0071462602The stock’s 5-year Average Dividend Yield is 0.6.
