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OLED

OLED - Universal Display Corp Stock Price, Fair Value and News

153.96USD-5.64 (-3.53%)Market Closed

Market Summary

OLED
USD153.96-5.64
Market Closed
-3.53%

OLED Stock Price

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OLED RSI Chart

OLED Valuation

Market Cap

7.3B

Price/Earnings (Trailing)

35.92

Price/Sales (Trailing)

12.65

EV/EBITDA

26.42

Price/Free Cashflow

76.77

OLED Price/Sales (Trailing)

OLED Profitability

EBT Margin

42.53%

Return on Equity

14.03%

Return on Assets

12.16%

Free Cashflow Yield

1.3%

OLED Fundamentals

OLED Revenue

Revenue (TTM)

576.4M

Rev. Growth (Yr)

-6.34%

Rev. Growth (Qtr)

12.22%

OLED Earnings

Earnings (TTM)

203.0M

Earnings Growth (Yr)

-4.85%

Earnings Growth (Qtr)

20.31%

Breaking Down OLED Revenue

Last 7 days

-8.0%

Last 30 days

-3.5%

Last 90 days

-11.6%

Trailing 12 Months

6.4%

How does OLED drawdown profile look like?

OLED Financial Health

Current Ratio

7.72

OLED Investor Care

Dividend Yield

0.91%

Dividend/Share (TTM)

1.4

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

4.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023596.6M606.6M587.1M576.4M
2022570.0M576.9M593.8M616.6M
2021450.6M522.3M548.8M553.5M
2020429.7M369.5M389.1M428.9M
2019291.6M353.6M373.6M405.2M
2018323.6M277.3M293.1M247.4M
2017224.7M262.9M294.3M335.6M
2016189.5M195.8M186.6M198.9M
2015184.4M178.4M184.9M191.0M
2014169.5M184.3M184.3M191.0M
201385.6M105.0M125.3M146.6M
201264.3M83.0M73.8M83.2M
201135.9M38.7M53.4M61.3M
201019.5M23.2M26.9M30.5M
200900015.8M
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Tracking the Latest Insider Buys and Sells of Universal Display Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 29, 2024
elias richard c
acquired
-
-
314
-
Mar 29, 2024
brown nigel
acquired
-
-
97.00
-
Mar 29, 2024
lau joan
acquired
-
-
97.00
-
Mar 29, 2024
comparin cynthia jane
acquired
-
-
314
-
Mar 29, 2024
hartley c keith
acquired
-
-
314
-
Mar 29, 2024
joseph celia m
acquired
-
-
314
-
Mar 29, 2024
gemmill elizabeth h
acquired
-
-
314
-
Mar 29, 2024
rosenblatt sidney d
acquired
-
-
314
-
Mar 29, 2024
lacerte lawrence
acquired
-
-
314
-
Mar 20, 2024
hartley c keith
gifted
-
-
-50.00
-

1–10 of 50

Which funds bought or sold OLED recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
Sunbelt Securities, Inc.
reduced
-25.00
-1,818
3,537
-%
Apr 15, 2024
RMR Wealth Builders
reduced
-0.6
-54,920
393,589
0.05%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
sold off
-100
-66,367
-
-%
Apr 15, 2024
Portman Square Capital LLP
added
245
745,981
1,111,100
0.03%
Apr 15, 2024
Cardinal Capital Management
added
16.06
30,700
1,413,130
0.23%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
added
0.3
-2,935,130
22,239,400
0.06%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
1,685
1,685
-%
Apr 12, 2024
AdvisorNet Financial, Inc
sold off
-100
-1,530
-
-%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-457
3,369
-%
Apr 11, 2024
Fortitude Family Office, LLC
unchanged
-
-456
3,369
-%

1–10 of 44

Are Funds Buying or Selling OLED?

Are funds buying OLED calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OLED
No. of Funds

Unveiling Universal Display Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.54%
4,517,141
SC 13G/A
Jan 25, 2024
blackrock inc.
8.5%
4,025,687
SC 13G/A
Feb 09, 2023
vanguard group inc
8.84%
4,173,687
SC 13G/A
Feb 03, 2023
blackrock inc.
8.6%
4,059,043
SC 13G/A
Feb 14, 2022
macquarie group ltd
1.56%
733,325
SC 13G/A
Feb 01, 2022
blackrock inc.
8.9%
4,192,345
SC 13G/A
Mar 08, 2021
primecap management co/ca/
4.81%
2,265,719
SC 13G/A
Feb 12, 2021
waddell & reed financial inc
5.2%
-
SC 13G
Feb 12, 2021
primecap management co/ca/
5.13%
2,418,175
SC 13G/A
Feb 10, 2021
vanguard group inc
8.37%
3,943,872
SC 13G/A

Recent SEC filings of Universal Display Corp

View All Filings
Date Filed Form Type Document
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Mar 22, 2024
4
Insider Trading

Peers (Alternatives to Universal Display Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.6T
385.7B
-1.90% 2.49%
25.91
6.78
-0.47% 6.03%
67.5B
12.6B
2.99% 43.16%
35.02
5.38
-0.54% 1.35%
28.5B
6.1B
-5.04% 20.38%
32.89
4.7
4.11% 14.65%
26.4B
12.6B
-4.89% -11.00%
44.02
2.1
-11.28% -55.18%
11.9B
29.4B
4.71% 30.54%
15.78
0.4
-1.12% -8.06%
MID-CAP
6.8B
837.5M
-2.68% -19.91%
60.07
8.12
-16.75% -47.46%
6.6B
33.1B
2.61% 3.76%
7.34
0.2
-10.82% -36.63%
4.5B
703.6M
0.21% 27.49%
48.87
6.43
24.40% 39.25%
4.3B
25.6B
0.28% 7.36%
6.36
0.17
-2.73% -21.96%
2.5B
968.8M
-2.00% 3.38%
27.41
2.63
9.35% 8.73%
SMALL-CAP
1.6B
2.9B
-2.94% 38.42%
19.77
0.58
-8.78% -6.67%
1.1B
2.8B
0.71% 32.48%
16.65
0.38
-1.64% -5.74%
271.4M
1.0B
-20.27% -62.50%
-5.1
0.27
-8.05% -284.36%
25.0M
26.9M
-6.52% -36.76%
18.22
0.93
0.90% -35.71%
14.9K
56.7M
-85.71% -99.91%
0
3e-4
-41.04% -726.48%

Universal Display Corp News

Latest updates
MarketBeat2 hours ago

Universal Display Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue12.2%15814114713016916113715014614413013414211758.0011210298.0011888.0070.00
Gross Profit14.5%12210711497.0013912310911711411210211111594.0045.0090.0084.0080.0094.0072.0052.00
Operating Expenses-1.4%58.0058.0056.0052.0056.0055.0056.0055.0058.0054.0052.0047.0049.0045.0047.0045.0049.0039.0045.0038.0037.00
  S&GA Expenses-6.9%17.0018.0017.0015.0019.0018.0020.0021.0023.0021.0020.0016.0016.0014.0016.0015.0019.0013.0016.0012.0013.00
  R&D Expenses1.6%34.0033.0032.0031.0032.0030.0028.0027.0027.0025.0024.0023.0022.0021.0021.0019.0020.0017.0019.0016.0015.00
EBITDA Margin0.2%0.47*0.47*0.48*0.47*0.48*0.45*0.44*0.44*0.45*0.47*0.47*0.44*---------
Income Taxes467.1%14.002.0014.0012.0016.0017.0014.0013.0011.0012.0010.0012.0013.009.00-0.569.0011.007.008.006.00-1.51
Earnings Before Taxes40.3%76.0054.0064.0052.0081.0070.0055.0063.0057.0058.0050.0064.0067.0050.000.0047.0037.0044.0052.0037.0018.00
EBT Margin-0.2%0.43*0.43*0.44*0.43*0.44*0.41*0.40*0.40*0.41*0.43*0.44*0.40*---------
Net Income20.3%62.0052.0050.0040.0065.0053.0042.0050.0046.0046.0041.0052.0054.0041.001.0038.0026.0037.0043.0031.0019.00
Net Income Margin0.3%0.35*0.35*0.34*0.34*0.34*0.32*0.32*0.32*0.33*0.35*0.36*0.33*---------
Free Cashflow-16.6%29.0035.00-8.4039.00-8.7428.0023.0042.0043.0066.0019.0020.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.8%1,6691,6231,5411,5361,5331,5301,4991,4871,4671,4291,3511,3111,2691,2251,1611,1361,1201,0631,011968933
  Current Assets4.4%9178798789508999779329609261,055993959925886830812792731689652635
    Cash Equivalents16.0%92.0079.0093.0015893.00188214357312535543726630163134223132236324225211
  Inventory-3.1%17618117617418318016614313412110510192.0084.0085.0074.0064.0058.0060.0068.0070.00
  Net PPE0.3%17517515814514313813813212911911310810297.0092.0088.0088.0086.0084.0081.0070.00
  Goodwill0%16.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.0016.00
Liabilities-7.8%222241202236257318334356367392359358357345321290309276260252243
  Current Liabilities-9.5%11913181.00115136138155178188180163166165183163137162148140132133
Shareholder's Equity4.7%1,4471,3821,3391,2991,2751,2121,1651,1311,1001,036992952913880840847811787751716691
  Retained Earnings6.1%790744709676653602563536500464427396354307274280249227195156130
  Additional Paid-In Capital0.8%700694687679681675666658659646639632636628622622620614612616617
Accumulated Depreciation5.0%14413713012311711010498.0092.0087.0082.0077.0072.0068.0065.0061.0057.0054.0051.0048.0045.00
Shares Outstanding0.0%47.0047.0047.0047.0048.0047.0047.0047.0047.0047.0047.0047.00---------
Float---320,500---4,384,120---9,595---6,379---7,951--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-38.5%37,07060,3099,77747,6212,64138,04433,52252,60856,77975,21029,62029,49672,96543,79726,2845,74656,16653,86749,82934,05026,840
  Share Based Compensation-27.7%4,9766,8806,4873,9925,8528,2468,1976,08512,0258,2229,4245,2006,8246,8897,1835,7355,4513,5913,4963,6102,735
Cashflow From Investing86.3%-7,925-57,890-58,15340,675-82,969-50,037-162,29914,562-270,761-71,977-200,55785,544401,337-6,780-100,32797,026-155,540-136,65662,587-9,10585,212
Cashflow From Financing0.5%-16,483-16,566-16,448-23,432-13,992-14,153-14,751-21,739-9,182-10,990-12,428-18,773-6,910-7,963-15,135-11,655-4,540-5,947-13,187-10,919-2,668
  Dividend Payments-0.1%16,65216,66116,65316,76914,25614,24714,24714,2469,4849,4779,4839,4877,1167,1147,1177,0984,7114,7124,7134,7172,828
  Buy Backs--------------------649-

OLED Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUE:   
Total revenue$ 576,429$ 616,619$ 553,525
COST OF SALES135,376127,896114,991
Gross margin441,053488,723438,534
OPERATING EXPENSES:   
Research and development130,481117,06299,673
Selling, general and administrative67,38777,88680,372
Amortization of acquired technology and other intangible assets15,99317,45921,994
Patent costs9,3568,3298,160
Royalty and license expense647877691
Total operating expenses223,864221,613210,890
OPERATING INCOME217,189267,110227,644
Interest income, net28,1667,811505
Other (loss) income, net(184)(6,691)98
Interest and other income, net27,9821,120603
Income before income taxes245,171268,230228,247
INCOME TAX EXPENSE(42,160)(58,169)(44,034)
NET INCOME$ 203,011$ 210,061$ 184,213
NET INCOME PER COMMON SHARE:   
BASIC$ 4.25$ 4.41$ 3.87
DILUTED$ 4.24$ 4.4$ 3.87
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE:   
BASIC47,559,66947,390,35247,296,447
DILUTED47,622,76347,468,50747,365,435
CASH DIVIDEND DECLARED PER COMMON SHARE$ 1.4$ 1.2$ 0.8
Material sales   
REVENUE:   
Total revenue$ 322,029$ 331,081$ 318,623
Royalty and license fees   
REVENUE:   
Total revenue238,389267,115219,032
Contract research services   
REVENUE:   
Total revenue$ 16,011$ 18,423$ 15,870

OLED Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 91,985$ 93,430
Short-term investments422,137484,345
Accounts receivable139,85092,664
Inventory175,795183,220
Other current assets87,36545,791
Total current assets917,132899,450
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $143,908 and $117,118175,150143,445
ACQUIRED TECHNOLOGY, net of accumulated amortization of $186,850 and $189,67190,325[1]38,382
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $10,414 and $8,9896,8748,247
GOODWILL15,53515,535
INVESTMENTS299,548259,861
DEFERRED INCOME TAXES59,10858,161
OTHER ASSETS105,289109,739
TOTAL ASSETS1,668,9611,532,820
CURRENT LIABILITIES:  
Accounts payable10,9339,519
Accrued expenses52,08051,002
Deferred revenue47,71345,599
Other current liabilities8,09629,577
Total current liabilities118,822135,697
DEFERRED REVENUE12,00618,279
RETIREMENT PLAN BENEFIT LIABILITY52,24959,790
OTHER LIABILITIES38,65843,685
Total liabilities221,735257,451
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS' EQUITY:  
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500)22
Common Stock, par value $0.01 per share, 200,000,000 shares authorized, 48,731,026and 49,136,030 shares issued, and 47,365,378 and 47,770,382 share outstanding at December 31, 2023 and December 31, 2022, respectively487491
Additional paid-in capital699,554681,335
Retained earnings789,553653,277
Accumulated other comprehensive loss(1,086)(18,452)
Treasury stock, at cost (1,365,648 shares at December 31, 2023 and December 31, 2022)(41,284)(41,284)
Total shareholders’ equity1,447,2261,275,369
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$ 1,668,961$ 1,532,820
[1]During the year ended December 31, 2023, the gross value and accumulated amortization associated with the PD-LD, Inc. and Motorola patent portfolios have been removed from the table as the underlying patents have reached the end of their useful lives.
OLED
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. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; and OVJP, an organic vapor jet printing technology. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products; and contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications, as well as engages in the intellectual property and technology licensing activities. Universal Display Corporation was incorporated in 1985 and is headquartered in Ewing, New Jersey.
 CEO
 WEBSITEhttps://oled.com
 INDUSTRYConsumer Electronics
 EMPLOYEES443

Universal Display Corp Frequently Asked Questions


What is the ticker symbol for Universal Display Corp? What does OLED stand for in stocks?

OLED is the stock ticker symbol of Universal Display Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Universal Display Corp (OLED)?

As of Tue Apr 16 2024, market cap of Universal Display Corp is 7.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OLED stock?

You can check OLED's fair value in chart for subscribers.

What is the fair value of OLED stock?

You can check OLED's fair value in chart for subscribers. The fair value of Universal Display Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Universal Display Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OLED so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Universal Display Corp a good stock to buy?

The fair value guage provides a quick view whether OLED is over valued or under valued. Whether Universal Display Corp is cheap or expensive depends on the assumptions which impact Universal Display Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OLED.

What is Universal Display Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, OLED's PE ratio (Price to Earnings) is 35.92 and Price to Sales (PS) ratio is 12.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OLED PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Universal Display Corp's stock?

In the past 10 years, Universal Display Corp has provided 0.182 (multiply by 100 for percentage) rate of return.