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

Universal Display Co. (NASDAQ:OLED) – Analysts at Zacks Research lowered their Q1 2025 earnings estimates for Universal Display in a report released on Wednesday, June 12th. Zacks Research analyst R. Department now expects that the semiconductor company will earn $1.09 per share for the quarter, down from their prior forecast of $1.11. The consensus estimate for Universal Display’s current full-year earnings is $4.75 per share. Zacks Research also issued estimates for Universal Display’s Q2 2025 earnings at $1.22 EPS, Q3 2025 earnings at $1.39 EPS, Q4 2025 earnings at $1.43 EPS, FY2025 earnings at $5.14 EPS and Q1 2026 earnings at $1.45 EPS.

A number of other research firms also recently commented on OLED. Oppenheimer restated an “outperform” rating and issued a $200.00 price objective (down previously from $210.00) on shares of Universal Display in a report on Friday, February 23rd. Needham & Company LLC restated a “buy” rating and issued a $198.00 price objective on shares of Universal Display in a report on Friday, May 3rd. Finally, TD Cowen increased their price objective on Universal Display from $165.00 to $210.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Universal Display currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.86.

Universal Display Price Performance

NASDAQ OLED opened at $202.67 on Thursday. The company has a 50 day simple moving average of $168.84 and a 200-day simple moving average of $173.60. The firm has a market capitalization of $9.61 billion, a price-to-earnings ratio of 44.06, a price-to-earnings-growth ratio of 2.02 and a beta of 1.47. Universal Display has a 52-week low of $133.67 and a 52-week high of $205.99.

Universal Display (NASDAQ:OLED) last posted its quarterly earnings results on Thursday, May 2nd. The semiconductor company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.14. The business had revenue of $165.26 million during the quarter, compared to analyst estimates of $150.75 million. Universal Display had a net margin of 36.00% and a return on equity of 15.57%. The firm’s revenue was up 26.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.83 earnings per share.

Institutional Investors Weigh In On Universal Display

Several hedge funds have recently modified their holdings of the business. Swedbank AB bought a new stake in shares of Universal Display in the first quarter valued at approximately $1,995,000. Tidal Investments LLC boosted its position in shares of Universal Display by 172.0% in the first quarter. Tidal Investments LLC now owns 6,246 shares of the semiconductor company’s stock valued at $1,052,000 after acquiring an additional 3,950 shares during the period. Motley Fool Asset Management LLC bought a new stake in shares of Universal Display in the first quarter valued at approximately $626,000. Jacobs Levy Equity Management Inc. bought a new position in Universal Display in the first quarter worth $620,000. Finally, Janus Henderson Group PLC lifted its position in Universal Display by 66.6% in the first quarter. Janus Henderson Group PLC now owns 434,029 shares of the semiconductor company’s stock worth $73,099,000 after purchasing an additional 173,496 shares during the period. 78.19% of the stock is owned by institutional investors.

Insider Buying and Selling at Universal Display

In other Universal Display news, SVP Mauro Premutico sold 8,202 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $176.82, for a total transaction of $1,450,277.64. Following the transaction, the senior vice president now owns 28,743 shares in the company, valued at $5,082,337.26. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, SVP Mauro Premutico sold 8,202 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $176.82, for a total value of $1,450,277.64. Following the completion of the sale, the senior vice president now directly owns 28,743 shares of the company’s stock, valued at $5,082,337.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Julia J. Brown sold 10,358 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $175.00, for a total value of $1,812,650.00. Following the completion of the sale, the executive vice president now directly owns 56,624 shares of the company’s stock, valued at $9,909,200. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

Universal Display Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.60 annualized dividend and a yield of 0.79%. Universal Display’s dividend payout ratio (DPR) is presently 34.78%.

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.