Q2 EPS Estimate for Universal Display Lowered by Analyst

Universal Display Co. (NASDAQ:OLED - Free Report) - Roth Capital decreased their Q2 2025 EPS estimates for Universal Display in a report issued on Wednesday, October 30th. Roth Capital analyst S. Searle now anticipates that the semiconductor company will post earnings per share of $1.00 for the quarter, down from their prior forecast of $1.15. The consensus estimate for Universal Display's current full-year earnings is $4.81 per share.

Universal Display (NASDAQ:OLED - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.20. Universal Display had a net margin of 36.98% and a return on equity of 16.01%. The company had revenue of $161.63 million during the quarter, compared to analyst estimates of $165.28 million. During the same quarter in the prior year, the business earned $1.08 earnings per share. The business's quarterly revenue was up 14.6% compared to the same quarter last year.

Several other research analysts have also commented on the stock. Oppenheimer decreased their price target on shares of Universal Display from $240.00 to $220.00 and set an "outperform" rating for the company in a report on Thursday. Susquehanna raised their price objective on shares of Universal Display from $170.00 to $175.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. The Goldman Sachs Group increased their target price on shares of Universal Display from $208.00 to $243.00 and gave the company a "buy" rating in a research note on Thursday, July 18th. Roth Mkm lifted their price target on shares of Universal Display from $189.00 to $217.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Finally, Needham & Company LLC cut their price objective on Universal Display from $242.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $215.63.

Universal Display Price Performance

Shares of NASDAQ:OLED traded down $0.07 during midday trading on Friday, reaching $180.25. The company had a trading volume of 737,082 shares, compared to its average volume of 369,709. The stock has a market capitalization of $8.55 billion, a P/E ratio of 36.19, a PEG ratio of 2.17 and a beta of 1.42. Universal Display has a one year low of $138.60 and a one year high of $237.00. The stock's fifty day moving average price is $201.32 and its 200-day moving average price is $193.94.

Universal Display Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $1.60 annualized dividend and a dividend yield of 0.89%. Universal Display's dividend payout ratio is 32.13%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of OLED. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of Universal Display in the second quarter worth $127,668,000. Raymond James & Associates grew its position in shares of Universal Display by 629.9% in the third quarter. Raymond James & Associates now owns 269,414 shares of the semiconductor company's stock valued at $56,550,000 after purchasing an additional 232,503 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Universal Display by 66.6% in the first quarter. Janus Henderson Group PLC now owns 434,029 shares of the semiconductor company's stock valued at $73,099,000 after purchasing an additional 173,496 shares during the last quarter. CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of Universal Display in the second quarter worth about $34,558,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Universal Display during the 2nd quarter worth about $23,500,000. Institutional investors and hedge funds own 78.19% of the company's stock.

About Universal Display

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 in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand.