Zacks Research Research Analysts Increase Earnings Estimates for Universal Display Co. (NASDAQ:OLED)

Universal Display Co. (NASDAQ:OLED) – Investment analysts at Zacks Research raised their FY2025 earnings per share estimates for shares of Universal Display in a report issued on Thursday, April 18th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings per share of $5.35 for the year, up from their previous estimate of $5.34. The consensus estimate for Universal Display’s current full-year earnings is $4.72 per share. Zacks Research also issued estimates for Universal Display’s Q4 2025 earnings at $1.45 EPS.

Several other research firms also recently commented on OLED. Oppenheimer reaffirmed an “outperform” rating and issued a $200.00 price objective (down from $210.00) on shares of Universal Display in a report on Friday, February 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $198.00 price target on shares of Universal Display in a research report on Tuesday, March 26th. Citigroup reissued a “neutral” rating and set a $180.00 price objective (up previously from $161.00) on shares of Universal Display in a report on Friday, January 19th. Finally, TD Cowen raised their target price on Universal Display from $165.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $199.86.

Universal Display Price Performance

Shares of OLED opened at $152.22 on Monday. The firm has a market cap of $7.21 billion, a PE ratio of 35.90, a PEG ratio of 1.63 and a beta of 1.45. Universal Display has a 1 year low of $125.98 and a 1 year high of $194.84. The stock’s fifty day moving average price is $167.56 and its two-hundred day moving average price is $169.30.

Universal Display (NASDAQ:OLED) last posted its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.11. The business had revenue of $158.32 million during the quarter, compared to the consensus estimate of $161.08 million. Universal Display had a net margin of 35.22% and a return on equity of 14.85%. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.36 earnings per share.

Universal Display Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.05%. This is a positive change from Universal Display’s previous quarterly dividend of $0.35. Universal Display’s dividend payout ratio is currently 37.74%.

Institutional Investors Weigh In On Universal Display

Institutional investors have recently made changes to their positions in the business. Vontobel Holding Ltd. increased its stake in Universal Display by 6.4% in the 4th quarter. Vontobel Holding Ltd. now owns 309,804 shares of the semiconductor company’s stock worth $59,253,000 after purchasing an additional 18,582 shares during the period. FengHe Fund Management Pte. Ltd. purchased a new position in shares of Universal Display in the fourth quarter worth $5,451,000. Sei Investments Co. raised its holdings in Universal Display by 54.5% during the 3rd quarter. Sei Investments Co. now owns 80,538 shares of the semiconductor company’s stock valued at $12,644,000 after buying an additional 28,415 shares during the last quarter. Barclays PLC boosted its position in Universal Display by 15.0% during the 3rd quarter. Barclays PLC now owns 61,724 shares of the semiconductor company’s stock valued at $9,690,000 after buying an additional 8,041 shares during the period. Finally, XXEC Inc. bought a new stake in Universal Display in the 3rd quarter worth $471,000. Hedge funds and other institutional investors 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.