Stock Surge: Universal Display Corp (OLED) Closes at 161.80, Marking a -4.45 Increase/Decrease

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In the latest session, Universal Display Corp (NASDAQ: OLED) closed at $161.80 down -4.45% from its previous closing price of $169.34. In other words, the price has decreased by -$4.45 from its previous closing price. On the day, 0.81 million shares were traded. OLED stock price reached its highest trading level at $169.395 during the session, while it also had its lowest trading level at $160.75.

Ratios:

For a deeper understanding of Universal Display Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.14. For the most recent quarter (mrq), Quick Ratio is recorded 5.84 and its Current Ratio is at 7.18. 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 October 31, 2024, Reiterated its Buy rating but revised its target price to $225 from $250 previously.

On August 02, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $210 to $250.

Needham reiterated its Buy rating for the stock on July 02, 2024, while the target price for the stock was revised from $198 to $242.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 7679254528 and an Enterprise Value of 7151516672. As of this moment, Universal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.49, and their Forward P/E ratio for the next fiscal year is 30.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.93 while its Price-to-Book (P/B) ratio in mrq is 4.84. Its current Enterprise Value per Revenue stands at 11.11 whereas that against EBITDA is 24.158.

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 $148.75. The 50-Day Moving Average of the stock is -16.50%, while the 200-Day Moving Average is calculated to be -13.28%.

Shares Statistics:

For the past three months, OLED has traded an average of 511.43K shares per day and 607990 over the past ten days. A total of 47.37M shares are outstanding, with a floating share count of 43.82M. Insiders hold about 7.67% of the company’s shares, while institutions hold 83.41% stake in the company. Shares short for OLED as of 1731628800 were 1459904 with a Short Ratio of 3.34, compared to 1728950400 on 1586229. Therefore, it implies a Short% of Shares Outstanding of 1459904 and a Short% of Float of 3.1300000000000003.

Dividends & Splits

According to the company, the forward annual dividend rate for OLED is 1.55, from 1.55 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009153183The stock’s 5-year Average Dividend Yield is 0.61.

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