Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Universal Display Corp (NASDAQ: OLED) was $141.20 for the day, up 12.39% from the previous closing price of $125.63. In other words, the price has increased by $12.39 from its previous closing price. On the day, 2.81 million shares were traded. OLED stock price reached its highest trading level at $146.14 during the session, while it also had its lowest trading level at $126.66.
Ratios:
Our analysis of OLED’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.82. For the most recent quarter (mrq), Quick Ratio is recorded 5.72 and its Current Ratio is at 7.18. In the meantime, Its Debt-to-Equity ratio is 0.01 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, Oppenheimer on January 02, 2025, Reiterated its Outperform rating but revised its target price to $200 from $220 previously.
On October 31, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $250 to $225.
TD Cowen reiterated its Buy rating for the stock on August 02, 2024, while the target price for the stock was revised from $210 to $250.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 04 ’24 when LACERTE LAWRENCE bought 742 shares for $180.89 per share. The transaction valued at 134,220 led to the insider holds 122,372 shares of the business.
ELIAS RICHARD C sold 5,064 shares of OLED for $975,326 on Aug 29 ’24. The Director now owns 4,439 shares after completing the transaction at $192.60 per share. On Aug 28 ’24, another insider, LACERTE LAWRENCE, who serves as the Director of the company, bought 1,000 shares for $187.99 each. As a result, the insider paid 187,990 and bolstered with 121,316 shares of the company.
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 6717137920 and an Enterprise Value of 6232949760. As of this moment, Universal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.37, and their Forward P/E ratio for the next fiscal year is 25.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.37 while its Price-to-Book (P/B) ratio in mrq is 4.15. Its current Enterprise Value per Revenue stands at 9.623 whereas that against EBITDA is 22.029.
Stock Price History:
The Beta on a monthly basis for OLED is 1.46, which has changed by -0.17339891 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, OLED has reached a high of $237.00, while it has fallen to a 52-week low of $103.70. The 50-Day Moving Average of the stock is 2.21%, while the 200-Day Moving Average is calculated to be -16.39%.
Shares Statistics:
OLED traded an average of 767.83K shares per day over the past three months and 764590 shares per day over the past ten days. A total of 47.47M shares are outstanding, with a floating share count of 43.85M. Insiders hold about 7.82% of the company’s shares, while institutions hold 81.12% stake in the company. Shares short for OLED as of 1744675200 were 1630638 with a Short Ratio of 2.12, compared to 1741910400 on 1534059. Therefore, it implies a Short% of Shares Outstanding of 1630638 and a Short% of Float of 3.5000000000000004.
Dividends & Splits
With its trailing 12-month dividend rate of 1.6, OLED has a forward annual dividend rate of 1.65. Against a Trailing Annual Dividend Yield of 0.012735812The stock’s 5-year Average Dividend Yield is 0.69.
Earnings Estimates
The dynamic stock of Universal Display Corp (OLED) is currently attracting attention from 6.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $1.22, with high estimates of $1.3 and low estimates of $1.15.
Analysts are recommending an EPS of between $4.95 and $4.48 for the fiscal current year, implying an average EPS of $4.73. EPS for the following year is $5.47, with 7.0 analysts recommending between $5.9 and $4.92.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $165.19M to a low estimate of $151.95M. As of the current estimate, Universal Display Corp’s year-ago sales were $158.5MFor the next quarter, 8 analysts are estimating revenue of $170.33M. There is a high estimate of $177M for the next quarter, whereas the lowest estimate is $162.49M.
A total of 10 analysts have provided revenue estimates for OLED’s current fiscal year. The highest revenue estimate was $676M, while the lowest revenue estimate was $644M, resulting in an average revenue estimate of $666.69M. In the same quarter a year ago, actual revenue was $647.68MBased on 9 analysts’ estimates, the company’s revenue will be $757.44M in the next fiscal year. The high estimate is $805M and the low estimate is $699.78M.
