Zacks Research Has Negative Estimate for OLED Q4 Earnings

Universal Display Co. (NASDAQ:OLED - Free Report) - Equities researchers at Zacks Research lowered their Q4 2026 EPS estimates for Universal Display in a report issued on Monday, January 13th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings per share of $1.53 for the quarter, down from their prior estimate of $1.62. The consensus estimate for Universal Display's current full-year earnings is $4.77 per share.

Universal Display (NASDAQ:OLED - Get Free Report) last posted 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 $1.19 by $0.21. The business had revenue of $161.63 million for the quarter, compared to analysts' expectations of $165.28 million. Universal Display had a return on equity of 15.75% and a net margin of 36.98%. The business's revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.08 earnings per share.

Several other equities research analysts have also recently issued reports on the stock. TD Cowen decreased their target price on shares of Universal Display from $250.00 to $225.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Oppenheimer decreased their price target on shares of Universal Display from $220.00 to $200.00 and set an "outperform" rating on the stock in a report on Thursday, January 2nd. Finally, Needham & Company LLC restated a "buy" rating and set a $215.00 price objective on shares of Universal Display in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, Universal Display presently has a consensus rating of "Moderate Buy" and a consensus price target of $207.86.

Universal Display Price Performance

NASDAQ:OLED traded up $0.48 during mid-day trading on Thursday, reaching $147.04. The company's stock had a trading volume of 1,197,405 shares, compared to its average volume of 600,143. The stock has a market cap of $6.98 billion, a P/E ratio of 29.53, a P/E/G ratio of 1.62 and a beta of 1.40. The company's fifty day simple moving average is $158.45 and its two-hundred day simple moving average is $186.94. Universal Display has a twelve month low of $143.25 and a twelve month high of $237.00.

Universal Display Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.09%. Universal Display's dividend payout ratio is currently 32.13%.

Insider Transactions at Universal Display

In other Universal Display news, Director Lawrence Lacerte acquired 742 shares of the stock in a transaction on Monday, November 4th. The stock was purchased at an average price of $180.89 per share, for a total transaction of $134,220.38. Following the purchase, the director now directly owns 122,372 shares in the company, valued at $22,135,871.08. This trade represents a 0.61 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company's stock.

Institutional Trading of Universal Display

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Assetmark Inc. bought a new position in Universal Display during the third quarter worth $29,000. Brooklyn Investment Group bought a new position in shares of Universal Display in the 3rd quarter worth about $30,000. V Square Quantitative Management LLC acquired a new position in shares of Universal Display in the 3rd quarter valued at about $31,000. Nisa Investment Advisors LLC grew its position in shares of Universal Display by 60.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 173 shares of the semiconductor company's stock valued at $36,000 after buying an additional 65 shares during the last quarter. Finally, True Wealth Design LLC acquired a new stake in Universal Display during the third quarter worth about $36,000. 78.19% of the stock is owned by institutional investors.

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.