Universal Display Corporation (OLED)
Market Cap | 7.10B |
Revenue (ttm) | 576.43M |
Net Income (ttm) | 203.01M |
Shares Out | 47.37M |
EPS (ttm) | 4.24 |
PE Ratio | 35.33 |
Forward PE | 30.67 |
Dividend | $1.60 (1.07%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 269,232 |
Open | 151.60 |
Previous Close | 152.96 |
Day's Range | 148.75 - 152.99 |
52-Week Range | 125.98 - 194.84 |
Beta | 1.45 |
Analysts | Strong Buy |
Price Target | 196.29 (+31.03%) |
Earnings Date | May 2, 2024 |
About 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 in the United States and internationally. 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 f... [Read more]
Financial Performance
In 2023, OLED's revenue was $576.43 million, a decrease of -6.52% compared to the previous year's $616.62 million. Earnings were $203.01 million, a decrease of -3.36%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for OLED stock is "Strong Buy." The 12-month stock price forecast is $196.29, which is an increase of 31.03% from the latest price.
News
Universal Display Corporation Announces First Quarter 2024 Conference Call
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 1Q24 results on May 2, 2024, and host a 5:00 p.m. ET earnings conference call.
Universal Display Corporation's Dr. Julie Brown to Receive Prestigious USC Viterbi Engineering Award
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced that its EVP and CTO, Dr. Julie Brown, will be receiving the prestigious USC Viterbi Daniel J. Epstein Engineering Management Award.
Universal Display Corporation to Deliver Keynote Address and Sponsor ICDT 2024
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced that it will deliver a keynote address & sponsor the International Conference on Display Technology (ICDT) (2024国际显示技术大会).
Universal Display Corporation Announces University Lecture Series and Participation and Sponsorship of OLED Korea Conference
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced its participation in University and conference lectures to support Korea's academic and scientific display communities.
Universal Display Corporation Announces the Appointment of New Board Members
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation announced that Dr. Nigel Brown and Dr. Joan Lau have joined the Company's Board of Directors.
Universal Display Corporation Announces Participation at Upcoming Conferences
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today announced its participation in the LOPEC, OLED Korea and ICDT industry conferences.
Universal Display Corporation Increases Quarterly Cash Dividend to $0.40 per Share
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC increases its first quarter 2024 cash dividend to $0.40 per common share, up from the prior quarter's $0.35. per share.
Universal Display Corporation Announces Fourth Quarter and Full Year 2023 Financial Results
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today re...
Universal Display Corporation Announces Fourth Quarter and Fiscal Year 2023 Conference Call
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation will report 4Q23/FY23 results on Feb. 22, 2024 and host a 5:00 p.m. ET earnings conference call.
Universal Display Corporation Announces Participation at Upcoming Conference
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today announced its participation in the upcoming Needham investor conference.
Universal Display Corporation Named to The Wall Street Journal's List of Best-Managed Companies of 2023
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) has been named to The Wall Street Journal's (WSJ) Top 250 ranking of The Best-Managed Companies of 2023.
Universal Display Corporation Announces Quarterly Cash Dividend of $0.35 per Share
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced a 4Q23 cash dividend of $0.35 per share and that it is payable on December 29, 2023, to shareholders of record on December 15, 2023.
Universal Display Corporation Announces Third Quarter 2023 Financial Results
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) today reported financial results for the third quarter ended September 30, 2023.
Universal Display Corporation Announces Third Quarter 2023 Conference Call
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation is scheduled to announce 3Q23 results on Thursday, November 2, 2023, with a conference call at 5:00 p.m. EDT.
Universal Display Corporation Named to Newsweek's List of America's Greenest Companies 2024
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC was named to Newsweek's list of America's Greenest Companies 2024.
Universal Display Corporation Announces Recipients of the 2023 UDC Innovative Research and Pioneering Technology Awards at IMID Korea
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation Announces Recipients of the 2023 UDC Innovative Research and Pioneering Technology Awards at IMID Korea 2023.
Universal Display Corporation Announces Second Quarter 2023 Financial Results
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED) today reported financial results for the second quarter ended June 30, 2023.
Universal Display Corporation Announces Second Quarter 2023 Conference Call
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation is scheduled to announce 2Q23 results on Thursday, August 3, 2023, with a conference call at 5:00 p.m. EDT.
Universal Display Corporation Receives TCL CSOT's Hand in Hand Strategic Partner Award
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation received the 2022 Hand in Hand Strategic Partner Award (聚力同行奖) from TCL China Star Optoelectronics Technology (TCL CSOT).
Universal Display Corporation Holds Virtual 2023 Annual Meeting of Shareholders
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation today held its Virtual 2023 Annual Meeting of Shareholders.
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Universal Display Corporation to Hold Virtual 2023 Annual Meeting of Shareholders
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation to hold virtual 2023 Annual Meeting of Shareholders on June 15, 2023 at 10:00 AM ET.
Universal Display Corporation to Showcase Phosphorescent OLED Advances and Organic Vapor Jet Printing Milestone Achievements at SID Display Week 2023
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC to showcase RGB PHOLED narrow emission lineshape and first-ever 7-layer printed PHOLED device with comparable performance to VTE at Display Week.
Universal Display Corporation and PPG Celebrate Opening of State-of-the-Art OLED Manufacturing Site in Shannon, Ireland
SHANNON, Ireland--(BUSINESS WIRE)---- $OLED #OLED--UDC and PPG celebrate the official opening of its new state-of-the-art OLED manufacturing site in Shannon, Ireland.
Universal Display Corporation Announces First Quarter 2023 Financial Results
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today re...