Equities Analysts Set Expectations for OLED Q4 Earnings

Universal Display Co. (NASDAQ:OLED) – Zacks Research decreased their Q4 2024 earnings per share (EPS) estimates for shares of Universal Display in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings per share of $1.10 for the quarter, down from their previous forecast of $1.29. The consensus estimate for Universal Display’s current full-year earnings is $4.80 per share. Zacks Research also issued estimates for Universal Display’s Q3 2025 earnings at $1.21 EPS, Q4 2025 earnings at $1.30 EPS, FY2025 earnings at $4.60 EPS, Q2 2026 earnings at $1.61 EPS, Q3 2026 earnings at $1.52 EPS and FY2026 earnings at $6.05 EPS.

Other equities research analysts also recently issued research reports about the stock. TD Cowen reduced their price target on shares of Universal Display from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Oppenheimer reduced their target price on Universal Display from $240.00 to $220.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Needham & Company LLC decreased their target price on Universal Display from $242.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Roth Mkm upped their price target on Universal Display from $189.00 to $217.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Finally, Susquehanna raised their price objective on Universal Display from $170.00 to $175.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Universal Display presently has a consensus rating of “Moderate Buy” and an average target price of $215.63.

Universal Display Price Performance

Shares of OLED opened at $168.41 on Monday. The company has a 50-day moving average of $195.31 and a two-hundred day moving average of $195.78. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 1.80 and a beta of 1.43. Universal Display has a one year low of $148.75 and a one year high of $237.00.

Universal Display (NASDAQ:OLED) last released its quarterly earnings results on Wednesday, October 30th. The semiconductor company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.21. The business had revenue of $161.63 million during the quarter, compared to analyst estimates of $165.28 million. Universal Display had a return on equity of 15.75% and a net margin of 36.98%. Universal Display’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the company posted $1.08 EPS.

Universal Display Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, December 17th. This represents a $1.60 annualized dividend and a dividend yield of 0.95%. Universal Display’s dividend payout ratio is 32.13%.

Insider Activity at Universal Display

In other Universal Display news, Director Lawrence Lacerte acquired 742 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were purchased at an average price of $180.89 per share, with a total value of $134,220.38. Following the completion of the transaction, the director now owns 122,372 shares in the company, valued at $22,135,871.08. The trade was a 0.61 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.90% of the company’s stock.

Institutional Trading of Universal Display

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

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.