Zacks Research Issues Optimistic Estimate for OLED Earnings

Universal Display Co. (NASDAQ:OLED - Free Report) - Equities researchers at Zacks Research upped their Q2 2025 EPS estimates for shares of Universal Display in a research note issued on Monday, March 24th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $1.05 per share for the quarter, up from their previous forecast of $1.02. The consensus estimate for Universal Display's current full-year earnings is $4.71 per share. Zacks Research also issued estimates for Universal Display's Q3 2025 earnings at $1.20 EPS, FY2025 earnings at $4.59 EPS, Q4 2026 earnings at $1.59 EPS and FY2027 earnings at $6.15 EPS.

Universal Display (NASDAQ:OLED - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The semiconductor company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.08 by $0.14. Universal Display had a net margin of 34.29% and a return on equity of 15.51%. The company had revenue of $162.29 million for the quarter, compared to analyst estimates of $152.75 million.

A number of other research firms also recently issued reports on OLED. StockNews.com upgraded Universal Display from a "sell" rating to a "hold" rating in a research note on Friday, March 21st. The Goldman Sachs Group lowered their target price on shares of Universal Display from $234.00 to $203.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Needham & Company LLC reduced their price target on shares of Universal Display from $215.00 to $170.00 and set a "buy" rating for the company in a research report on Friday, February 21st. Citigroup decreased their price target on shares of Universal Display from $200.00 to $162.00 and set a "neutral" rating for the company in a research note on Monday, February 10th. Finally, Susquehanna dropped their price objective on shares of Universal Display from $165.00 to $160.00 and set a "neutral" rating on the stock in a research note on Friday, February 21st. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Universal Display presently has a consensus rating of "Moderate Buy" and a consensus price target of $190.43.

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Universal Display Stock Performance

Shares of OLED stock traded down $4.57 during mid-day trading on Wednesday, hitting $145.17. 476,057 shares of the stock were exchanged, compared to its average volume of 509,491. The stock's fifty day simple moving average is $149.47 and its two-hundred day simple moving average is $168.06. Universal Display has a 12-month low of $140.17 and a 12-month high of $237.00. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 1.61 and a beta of 1.40.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Universal Display by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 4,784,099 shares of the semiconductor company's stock worth $699,435,000 after purchasing an additional 67,590 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Universal Display by 2.8% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,536,513 shares of the semiconductor company's stock worth $370,838,000 after acquiring an additional 69,043 shares in the last quarter. Geode Capital Management LLC increased its stake in Universal Display by 12.8% in the 4th quarter. Geode Capital Management LLC now owns 901,315 shares of the semiconductor company's stock valued at $131,806,000 after purchasing an additional 101,963 shares in the last quarter. Jennison Associates LLC raised its holdings in Universal Display by 58.2% during the fourth quarter. Jennison Associates LLC now owns 683,822 shares of the semiconductor company's stock worth $99,975,000 after purchasing an additional 251,557 shares during the last quarter. Finally, Norges Bank acquired a new stake in Universal Display in the fourth quarter valued at $95,924,000. 78.19% of the stock is owned by hedge funds and other institutional investors.

Universal Display Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.45 dividend. This is an increase from Universal Display's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.80 annualized dividend and a dividend yield of 1.24%. Universal Display's payout ratio is presently 38.71%.

Universal Display Company Profile

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.