A share price of Universal Display Corp [OLED] is currently trading at $162.80, up 1.06%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OLED shares have gain 2.97% over the last week, with a monthly amount drifted -2.89%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Universal Display Corp [NASDAQ: OLED] stock has seen the most recent analyst activity on October 31, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $225 from $250. Previously, TD Cowen reaffirmed its Buy rating on August 02, 2024, and elevated its price target to $250. On July 02, 2024, Needham reiterated its Buy rating and revised its price target to $242 on the stock. TD Cowen reiterated its Outperform rating and increased its price target to $210 on February 23, 2024. Citigroup downgraded its rating to a Neutral and raised its price target to $180 on January 19, 2024. BofA Securities upgraded its rating to Buy for this stock on December 18, 2023, and upped its price target to $250. In a note dated January 19, 2023, Susquehanna upgraded an Neutral rating on this stock and boosted its target price from $82 to $135.
Universal Display Corp experienced fluctuations in its stock price throughout the past year between $148.75 and $237.00. Currently, Wall Street analysts expect the stock to reach $211.67 within the next 12 months. Universal Display Corp [NASDAQ: OLED] shares were valued at $162.80 at the most recent close of the market. An investor can expect a potential return of 30.02% based on the average OLED price forecast.
Analyzing the OLED fundamentals
Trailing Twelve Months sales for Universal Display Corp [NASDAQ:OLED] were 643.71M which represents 14.57% growth. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.16 and Total Capital is 0.15.
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 161.46 points at the first support level, and at 160.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 163.92, and for the 2nd resistance point, it is at 165.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Universal Display Corp [NASDAQ:OLED] is 7.18. Further, the Quick Ratio stands at 5.84, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 12.13, the price to book ratio is 4.87 and price to earnings (TTM) ratio is 32.69.
Transactions by insiders
Recent insider trading involved LACERTE LAWRENCE, Director, that happened on Nov 04 ’24 when 742.0 shares were purchased. Director, ELIAS RICHARD C completed a deal on Aug 29 ’24 to sell 5064.0 shares. Meanwhile, Director LACERTE LAWRENCE bought 1000.0 shares on Aug 28 ’24.
