Universal Display (NASDAQ:OLED) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.84 per share for the quarter.
Shares of Universal Display (NASDAQ OLED) opened at $159.15 on Thursday. Universal Display has a 52 week low of $66.65 and a 52 week high of $209.00. The company has a market cap of $7,490.00, a PE ratio of 76.15 and a beta of 0.90.
OLED has been the topic of several research reports. BidaskClub lowered shares of Universal Display from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Zacks Investment Research lowered shares of Universal Display from a “buy” rating to a “hold” rating in a research note on Saturday, January 27th. Gabelli lowered shares of Universal Display from a “buy” rating to a “hold” rating and set a $134.00 price objective on the stock. in a research note on Friday, November 3rd. Deutsche Bank reiterated a “buy” rating and issued a $190.00 target price on shares of Universal Display in a research note on Thursday, January 25th. Finally, Cross Research downgraded shares of Universal Display from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. Universal Display has an average rating of “Hold” and a consensus price target of $164.80.
About Universal Display
Universal Display Corporation is engaged 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 also supplies its OLED materials to manufacturers of OLED displays and lighting products for evaluation and for use in product development and for pre-commercial activities, and it also provides technical assistance and support to these manufacturers.
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