Universal Display (NASDAQ:OLED) shares traded -0.62% down during most recent session to reach at the closing price of $154.8. The stock exchanged hands 453594 shares versus average trading capacity of 865.95 Million shares, yielding a market cap of $7.32 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $154.82 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Universal Display (NASDAQ:OLED) high price target of $187 and with a conservative view have low price target of $130.
Roth Capital “Initiates Coverage On” Universal Display (NASDAQ:OLED) in a research note issued to investors on 5/22/18 to Buy with price target of $136.
Additionally on 4/06/18 Oppenheimer “Upgrades” Universal Display (NASDAQ:OLED) to Outperform and on 2/23/18 Deutsche Bank “Maintained” the stock to Buy at $170. Furthermore on 2/20/18 Needham “Upgrades” the stock to Buy.
On the other hand the company has Relative Strength Index (RSI 14) of 79 along with Average True Range (ATR 14) of 4.73, Consequently Universal Display (NASDAQ:OLED)’s weekly and monthly volatility is 2.50%, 3.36% respectively. The company’s beta value is at 1.44.
In terms of Buy, Sell or Hold recommendations, Universal Display (NASDAQ:OLED) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Universal Display (NASDAQ:OLED)’s minimum EPS for the current quarter is at $0.21 and can go high up to $0.37. The consensus mean EPS for the current quarter is at $0.31 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.13 earnings per share for the same quarter during last year.
Previously Universal Display (NASDAQ:OLED) reported $0.4 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.11. The company posted an earnings surprise of 37.9%.
Universal Display (NASDAQ:OLED)’s revenue estimates for the current quarter are $65.17 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $70.7 Million in contradiction of low revenue estimates of $57.3 Million. For the current year the company’s revenue estimates are $337.8 Million compared to low analyst estimates of $331 Million and high estimates of $343.5 Million according to 10 number of analysts.
Currently Universal Display (NASDAQ:OLED)’s shares owned by insiders are 2.9%, whereas shares owned by institutional owners are 88.3%. However the six-month change in the insider ownership was recorded -1.53%, as well as three-month change in the institutional ownership was recorded 9.77%.
Universal Display (NASDAQ:OLED)’s trailing twelve month revenues are $247.4 Million, whereas its price to sales ratio for the same period is 29.6. Its book value per share for the most recent quarter is $14.73 while its price to book ratio for the same period is 10.51, as for as the company’s cash per share for the most recent quarter is $10.89, however its price to cash per share ratio for the same period is 14.21. The stock has 5 year expected PEG ratio of 3.4 whereas its trailing twelve month P/E ratio is 127.3.