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

Universal Display (NASDAQ:OLED) posted its quarterly earnings results on Thursday. The semiconductor company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.14, Zacks reports. The firm had revenue of $162.29 million for the quarter, compared to the consensus estimate of $152.75 million. 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 Trading Up 6.7 %

Universal Display stock traded up $9.83 during midday trading on Friday, hitting $157.17. 631,235 shares of the stock were exchanged, compared to its average volume of 681,357. Universal Display has a fifty-two week low of $140.17 and a fifty-two week high of $237.00. The stock has a market capitalization of $7.46 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 1.60 and a beta of 1.39. The stock’s 50-day simple moving average is $148.52 and its 200 day simple moving average is $173.82.

Analyst Ratings Changes

Several research firms have recently weighed in on OLED. Oppenheimer decreased their price target on shares of Universal Display from $220.00 to $200.00 and set an “outperform” rating on the stock in a research note on Thursday, January 2nd. Susquehanna decreased their price target on shares of Universal Display from $165.00 to $160.00 and set a “neutral” rating on the stock in a research note on Friday. Roth Mkm raised their price target on shares of Universal Display from $207.00 to $213.00 and gave the stock a “buy” rating in a research note on Friday. The Goldman Sachs Group decreased their price target on shares of Universal Display from $234.00 to $203.00 and set a “buy” rating on the stock in a research note on Thursday, February 6th. Finally, TD Cowen decreased their price target on shares of 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 analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $190.43.

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.