Universal Display Corp. [OLED] stock is trading at $207.31, down -3.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OLED shares have gain 1.43% over the last week, with a monthly amount glided 8.32%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Universal Display Corp. [NASDAQ: OLED] stock has seen the most recent analyst activity on August 02, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $250 from $210. Previously, Needham reaffirmed its Buy rating on July 02, 2024, and elevated its price target to $242. On February 23, 2024, TD Cowen reiterated its Outperform rating and revised its price target to $210 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $180 on January 19, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $250 on December 18, 2023. Susquehanna upgraded its rating to Neutral for this stock on January 19, 2023, and upped its price target to $135. In a note dated June 29, 2022, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $190 to $135.
Universal Display Corp. [OLED] stock has fluctuated between $133.67 and $237.00 over the past year. Currently, Wall Street analysts expect the stock to reach $201 within the next 12 months. Universal Display Corp. [NASDAQ: OLED] shares were valued at $207.31 at the most recent close of the market. An investor can expect a potential drop of -3.04% based on the average OLED price forecast.
Analyzing the OLED fundamentals
Universal Display Corp. [NASDAQ:OLED] reported sales of 623.16M for the trailing twelve months, which represents a growth of 8.15%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.43%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.15 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 203.43 points at the first support level, and at 199.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 212.79, and for the 2nd resistance point, it is at 218.26.
Ratios To Look Out For
For context, Universal Display Corp.’s Current Ratio is 6.31. In addition, the Quick Ratio stands at 5.18 and the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 15.79, the price to book ratio is 6.44 and price to earnings (TTM) ratio is 44.52.
Transactions by insiders
Recent insider trading involved ELIAS RICHARD C, Director, that happened on Aug 29 ’24 when 5064.0 shares were sold. Director, LACERTE LAWRENCE completed a deal on Aug 28 ’24 to buy 1000.0 shares. Meanwhile, Director ELIAS RICHARD C bought 5064.0 shares on Aug 29 ’24.
