A new trading day began on Tuesday, with Universal Display Corp (NASDAQ: OLED) stock price down -5.53% from the previous day of trading, before settling in for the closing price of $112.84. OLED’s price has ranged from $104.90 to $237.00 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 10.43% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 3.19%. With a float of $43.76 million, this company’s outstanding shares have now reached $47.47 million.
In an organization with 468 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 74.67%, operating margin of 36.87%, and the pretax margin is 42.02%.
Universal Display Corp (OLED) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Components Industry. The insider ownership of Universal Display Corp is 7.82%, while institutional ownership is 80.26%. The most recent insider transaction that took place on Nov 04 ’24, was worth 134,220. In this transaction Director of this company bought 742 shares at a rate of $180.89, taking the stock ownership to the 122,372 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Director sold 5,064 for $192.60, making the entire transaction worth $975,326. This insider now owns 4,439 shares in total.
Universal Display Corp (OLED) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.54% during the next five years compared to 9.75% growth over the previous five years of trading.
Universal Display Corp (NASDAQ: OLED) Trading Performance Indicators
Here are Universal Display Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.81. Likewise, its price to free cash flow for the trailing twelve months is 23.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.65, a number that is poised to hit 1.07 in the next quarter and is forecasted to reach 5.66 in one year’s time.
Technical Analysis of Universal Display Corp (OLED)
Let’s dig in a bit further. During the last 5-days, its volume was 1.22 million. That was better than the volume of 0.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.39%. Additionally, its Average True Range was 7.78.
During the past 100 days, Universal Display Corp’s (OLED) raw stochastic average was set at 4.13%, which indicates a significant decrease from 5.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.19% in the past 14 days, which was higher than the 44.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $146.05, while its 200-day Moving Average is $176.52. However, in the short run, Universal Display Corp’s stock first resistance to watch stands at $114.62. Second resistance stands at $122.64. The third major resistance level sits at $128.10. If the price goes on to break the first support level at $101.14, it is likely to go to the next support level at $95.68. Assuming the price breaks the second support level, the third support level stands at $87.66.
Universal Display Corp (NASDAQ: OLED) Key Stats
With a market capitalization of 5.06 billion, the company has a total of 47,469K Shares Outstanding. Currently, annual sales are 647,680 K while annual income is 222,080 K. The company’s previous quarter sales were 162,290 K while its latest quarter income was 46,020 K.
