Universal Display Co. (NASDAQ:OLED) Expected to Earn FY2025 Earnings of $5.35 Per Share

Universal Display Co. (NASDAQ:OLED) – Analysts at Zacks Research increased their FY2025 earnings estimates for shares of Universal Display in a research note issued to investors on Thursday, April 18th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $5.35 per share for the year, up from their prior 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.

OLED has been the topic of a number of other research reports. TD Cowen increased 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. Oppenheimer reiterated an “outperform” rating and set 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 target price on shares of Universal Display in a research note on Tuesday, March 26th. Finally, Citigroup reissued a “neutral” rating and set a $180.00 price target (up previously from $161.00) on shares of Universal Display in a research report on Friday, January 19th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $199.86.

Universal Display Stock Performance

Shares of OLED stock opened at $152.22 on Monday. The stock has a 50 day moving average price of $167.56 and a 200 day moving average price of $169.30. Universal Display has a 52-week low of $125.98 and a 52-week high of $194.84. The firm has a market capitalization of $7.21 billion, a P/E ratio of 35.90, a P/E/G ratio of 1.63 and a beta of 1.45.

Universal Display (NASDAQ:OLED) last announced its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm earned $1.36 earnings per share.

Institutional Trading of Universal Display

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Universal Display by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 4,511,145 shares of the semiconductor company’s stock valued at $708,205,000 after purchasing an additional 23,944 shares in the last quarter. FMR LLC lifted its position in Universal Display by 10.6% during the 3rd quarter. FMR LLC now owns 1,398,961 shares of the semiconductor company’s stock worth $219,623,000 after acquiring an additional 134,000 shares during the period. Jennison Associates LLC lifted its position in Universal Display by 0.4% during the 4th quarter. Jennison Associates LLC now owns 903,068 shares of the semiconductor company’s stock worth $172,721,000 after acquiring an additional 3,397 shares during the period. Copeland Capital Management LLC grew its stake in Universal Display by 0.4% during the 3rd quarter. Copeland Capital Management LLC now owns 559,472 shares of the semiconductor company’s stock valued at $87,832,000 after purchasing an additional 2,418 shares during the last quarter. Finally, Norges Bank acquired a new position in Universal Display in the 4th quarter worth approximately $101,088,000. Hedge funds and other institutional investors own 78.19% of the company’s stock.

Universal Display Increases Dividend

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

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.