Brokers Issue Forecasts for OLED Q3 Earnings

Universal Display Corporation (NASDAQ:OLED) – Research analysts at Roth Capital issued their Q3 2027 earnings estimates for shares of Universal Display in a research note issued to investors on Friday, November 7th. Roth Capital analyst S. Searle forecasts that the semiconductor company will earn $1.56 per share for the quarter. The consensus estimate for Universal Display’s current full-year earnings is $4.71 per share. Roth Capital also issued estimates for Universal Display’s FY2027 earnings at $6.09 EPS.

Other equities research analysts also recently issued reports about the company. Needham & Company LLC cut their price target on Universal Display from $170.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Zacks Research upgraded Universal Display from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Universal Display in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Universal Display has an average rating of “Moderate Buy” and a consensus target price of $181.33.

Universal Display Price Performance

Shares of Universal Display stock opened at $119.37 on Monday. The stock has a market cap of $5.67 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of 4.38 and a beta of 1.60. The firm has a fifty day moving average price of $142.63 and a 200 day moving average price of $146.03. Universal Display has a 1 year low of $103.70 and a 1 year high of $174.00.

Universal Display (NASDAQ:OLED) last announced its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.27). The business had revenue of $139.61 million for the quarter, compared to analyst estimates of $165.56 million. Universal Display had a net margin of 36.95% and a return on equity of 15.82%. The business’s revenue was down 13.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.40 earnings per share. Universal Display has set its FY 2025 guidance at EPS.

Universal Display Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 17th will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.5%. Universal Display’s dividend payout ratio (DPR) is 38.79%.

Institutional Trading of Universal Display

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Kayne Anderson Rudnick Investment Management LLC raised its position in Universal Display by 73.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,407,846 shares of the semiconductor company’s stock worth $614,806,000 after acquiring an additional 1,871,333 shares during the period. Norges Bank acquired a new stake in shares of Universal Display in the second quarter valued at about $124,480,000. Vanguard Group Inc. increased its stake in shares of Universal Display by 10.0% during the third quarter. Vanguard Group Inc. now owns 5,069,107 shares of the semiconductor company’s stock worth $728,076,000 after purchasing an additional 460,792 shares in the last quarter. Primecap Management Co. CA increased its stake in shares of Universal Display by 20.7% during the second quarter. Primecap Management Co. CA now owns 2,215,308 shares of the semiconductor company’s stock worth $342,176,000 after purchasing an additional 379,586 shares in the last quarter. Finally, FengHe Fund Management Pte. Ltd. acquired a new position in shares of Universal Display during the 1st quarter worth about $41,147,000. 78.19% of the stock is currently owned by hedge funds and other 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.