On Friday, Universal Display Corp (NASDAQ: OLED) opened lower -3.53% from the last session, before settling in for the closing price of $159.13. Price fluctuations for OLED have ranged from $103.70 to $237.00 over the past 52 weeks.
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Annual sales at Technology sector company grew by 9.84% over the past five years. Company’s average yearly earnings per share was noted 8.09% at the time writing. With a float of $43.54 million, this company’s outstanding shares have now reached $47.57 million.
Let’s look at the performance matrix of the company that is accounted for 468 employees. In terms of profitability, gross margin is 75.49%, operating margin of 37.86%, and the pretax margin is 43.43%.
Universal Display Corp (OLED) Insider Updates
A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of Universal Display Corp is 8.39%, while institutional ownership is 83.12%. 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
According to the Wall Street analysts, stocks earnings will be around 8.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.74% 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
Check out the current performance indicators for Universal Display Corp (OLED). In the past quarter, the stock posted a quick ratio of 7.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.25. Likewise, its price to free cash flow for the trailing twelve months is 44.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.81, a number that is poised to hit 1.19 in the next quarter and is forecasted to reach 5.66 in one year’s time.
Technical Analysis of Universal Display Corp (OLED)
Universal Display Corp (NASDAQ: OLED) saw its 5-day average volume 0.55 million, a negative change from its year-to-date volume of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 72.08%. Additionally, its Average True Range was 5.10.
During the past 100 days, Universal Display Corp’s (OLED) raw stochastic average was set at 82.22%, which indicates a significant increase from 56.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.60% in the past 14 days, which was lower than the 61.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $137.19, while its 200-day Moving Average is $161.46. Nevertheless, the first resistance level for the watch stands at $156.06 in the near term. At $158.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $160.01. If the price goes on to break the first support level at $152.11, it is likely to go to the next support level at $150.69. Assuming the price breaks the second support level, the third support level stands at $148.16.
Universal Display Corp (NASDAQ: OLED) Key Stats
There are currently 47,526K shares outstanding in the company with a market cap of 7.30 billion. Presently, the company’s annual sales total 647,680 K according to its annual income of 222,080 K. Last quarter, the company’s sales amounted to 166,280 K and its income totaled 64,440 K.
