At the time of writing, Universal Display Corp [OLED] stock is trading at $125.45, up 5.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OLED shares have gain 10.36% over the last week, with a monthly amount drifted -17.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Universal Display Corp [NASDAQ: OLED] stock has seen the most recent analyst activity on January 02, 2025, when Oppenheimer reiterated its Outperform rating and also revised its price target to $200 from $220. Previously, TD Cowen reaffirmed its Buy rating on October 31, 2024, and dropped its price target to $225. On August 02, 2024, TD Cowen reiterated its Buy rating and revised its price target to $250 on the stock. Needham reiterated its Buy rating and increased its price target to $242 on July 02, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $210 on February 23, 2024. Citigroup downgraded its rating to Neutral for this stock on January 19, 2024, and upped its price target to $180. In a note dated December 18, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $160 to $250.
For the past year, the stock price of Universal Display Corp fluctuated between $103.70 and $237.00. Currently, Wall Street analysts expect the stock to reach $207.5 within the next 12 months. Universal Display Corp [NASDAQ: OLED] shares were valued at $125.45 at the most recent close of the market. An investor can expect a potential return of 65.4% based on the average OLED price forecast.
Analyzing the OLED fundamentals
According to Universal Display Corp [NASDAQ:OLED], the company’s sales were 647.68M for trailing twelve months, which represents an 2.51% jump. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.42%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.14 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 121.65 points at the first support level, and at 117.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.49, and for the 2nd resistance point, it is at 129.53.
Ratios To Look Out For
It is important to note that Universal Display Corp [NASDAQ:OLED] has a current ratio of 7.18. Also, the Quick Ratio is 5.72, while the Cash Ratio stands at 0.79. Considering the valuation of this stock, the price to sales ratio is 9.19, the price to book ratio is 3.68 and price to earnings (TTM) ratio is 26.98.
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.
