Universal Display Corp (NASDAQ: OLED) on Friday, soared 4.26% from the previous trading day, before settling in for the closing price of $108.11. Within the past 52 weeks, OLED’s price has moved between $103.70 and $237.00.
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During the last 5-year period, the sales growth of Technology Sector giant was 10.43%. The company achieved an average annual earnings per share of 3.19%. With a float of $43.76 million, this company’s outstanding shares have now reached $47.47 million.
Let’s determine the extent of company efficiency that accounts for 468 employees. 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 Activity
Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Universal Display Corp is 7.82%, while institutional ownership is 80.41%. 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) Earnings and Forecasts
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
Universal Display Corp (OLED) is currently performing well based on its current performance indicators. A quick ratio of 5.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.26. Likewise, its price to free cash flow for the trailing twelve months is 25.35.
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)
Looking closely at Universal Display Corp (NASDAQ: OLED), its last 5-days average volume was 1.48 million, which is a jump from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 27.39%. Additionally, its Average True Range was 9.37.
During the past 100 days, Universal Display Corp’s (OLED) raw stochastic average was set at 12.93%, which indicates a significant decrease from 18.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.28% in the past 14 days, which was higher than the 56.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $144.12, while its 200-day Moving Average is $175.13. However, in the short run, Universal Display Corp’s stock first resistance to watch stands at $116.07. Second resistance stands at $119.42. The third major resistance level sits at $125.15. If the price goes on to break the first support level at $106.99, it is likely to go to the next support level at $101.25. Should the price break the second support level, the third support level stands at $97.90.
Universal Display Corp (NASDAQ: OLED) Key Stats
Market capitalization of the company is 5.35 billion based on 47,469K outstanding shares. Right now, sales total 647,680 K and income totals 222,080 K. The company made 162,290 K in profit during its latest quarter, and 46,020 K in sales during its previous quarter.
