Universal Display (NASDAQ:OLED) Issues Quarterly Earnings Results, Beats Estimates By $0.14 EPS

Universal Display (NASDAQ:OLED) issued its quarterly earnings data on Thursday. The semiconductor company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.14, Zacks reports. Universal Display had a net margin of 36.98% and a return on equity of 15.75%. Universal Display updated its FY 2025 guidance to EPS.

Universal Display Price Performance

NASDAQ OLED traded up $0.72 during trading hours on Thursday, reaching $147.34. 1,097,913 shares of the stock traded hands, compared to its average volume of 685,095. The stock has a 50 day simple moving average of $148.80 and a two-hundred day simple moving average of $174.01. Universal Display has a 1 year low of $140.17 and a 1 year high of $237.00. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 1.58 and a beta of 1.39.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and issued a $215.00 target price on shares of Universal Display in a report on Thursday, January 16th. Oppenheimer lowered their price target on Universal Display from $220.00 to $200.00 and set an “outperform” rating for the company in a report on Thursday, January 2nd. The Goldman Sachs Group reduced their price target on Universal Display from $234.00 to $203.00 and set a “buy” rating for the company in a research report on Thursday, February 6th. Citigroup dropped their price target on Universal Display from $200.00 to $162.00 and set a “neutral” rating for the company in a report on Monday, February 10th. Finally, TD Cowen decreased their price target on Universal Display from $250.00 to $225.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Universal Display has an average rating of “Moderate Buy” and an average price target of $199.57.

Universal Display Company Profile

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.