Universal Display (OLED)
(Delayed Data from NSDQ)
$156.44 USD
+2.54 (1.65%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $156.51 +0.07 (0.04%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth C Momentum F VGM
Company Summary
Ewing, NJ-based Universal Display Corporation is a leading developer of technology and intellectual property (IP) for the Organic Light Emitting Diodes (OLED) market.
OLEDs are thin, lightweight and power-efficient solid-state devices that emit light. This can be manufactured on both flexible and rigid substrates, making them highly suitable for use in full-color displays and also as lighting products.
Universal Display reported revenues of $158.3 million in the fourth quarter of 2023. The company reports operations mainly under three heads, namely Material sales (51.9% of total revenues), Royalty and license fees (46.1%) and Contract research services (2%).
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Company Summary
Ewing, NJ-based Universal Display Corporation is a leading developer of technology and intellectual property (IP) for the Organic Light Emitting Diodes (OLED) market.
OLEDs are thin, lightweight and power-efficient solid-state devices that emit light. This can be manufactured on both flexible and rigid substrates, making them highly suitable for use in full-color displays and also as lighting products.
Universal Display reported revenues of $158.3 million in the fourth quarter of 2023. The company reports operations mainly under three heads, namely Material sales (51.9% of total revenues), Royalty and license fees (46.1%) and Contract research services (2%).
Material sales include revenues from both phosphorescent emitter and host materials. Royalty and license fees include fee payments under patent license agreement with SDC, and licensed sales and royalties from customers.
Contract research services include revenues earned by Adesis, which performs organic and organometallic synthetics research, development and commercialization on a contractual basis for the company’s customers. It also includes technology development and support revenues along with government contracts.
98.3% of revenues were generated from non-U.S. locations in the fourth quarter of 2023. Country-wise, South Korea accounted for 56% of revenues followed by China contributing 41.8%.
Universal Display’s primary competitors are Cambridge Display Technology, Novaled AG, iFire Technology, Luxell Technologies, Ostendo Technologies, eMagin Corporation, Seoul Semiconductor, and Illumitex Inc.
General Information
Universal Display Corporation
250 PHILLIPS BOULEVARD
EWING, NJ 08618
Phone: 609-671-0980
Fax: 609-671-0995
Web: http://www.oled.com
Email: investor@oled.com
| Industry | Electronics - Miscellaneous Components |
| Sector | Computer and Technology |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Earnings Date | 5/2/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.05 |
| Current Year EPS Consensus Estimate | 4.72 |
| Estimated Long-Term EPS Growth Rate | 19.50 |
| Earnings Date | 5/2/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 153.90 |
| 52 Week High | 194.84 |
| 52 Week Low | 125.98 |
| Beta | 1.45 |
| 20 Day Moving Average | 211,176.91 |
| Target Price Consensus | 203.14 |
| 4 Week | -6.66 |
| 12 Week | -11.87 |
| YTD | -19.53 |
| 4 Week | -4.56 |
| 12 Week | -16.73 |
| YTD | -24.24 |
| Shares Outstanding (millions) | 47.37 |
| Market Capitalization (millions) | 7,289.56 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 1.04% |
| Annual Dividend | $1.60 |
| Payout Ratio | 0.33 |
| Change in Payout Ratio | 0.08 |
| Last Dividend Payout / Amount | 3/14/2024 / $0.40 |
Fundamental Ratios
| P/E (F1) | 32.61 |
| Trailing 12 Months | 36.30 |
| PEG Ratio | 1.68 |
| vs. Previous Year | -5.15% |
| vs. Previous Quarter | 19.44% |
| vs. Previous Year | -6.34% |
| vs. Previous Quarter | 12.22% |
| Price/Book | 5.04 |
| Price/Cash Flow | 31.04 |
| Price / Sales | 12.65 |
| 3/31/24 | NA |
| 12/31/23 | 14.85 |
| 9/30/23 | 15.57 |
| 3/31/24 | NA |
| 12/31/23 | 12.75 |
| 9/30/23 | 13.23 |
| 3/31/24 | NA |
| 12/31/23 | 7.72 |
| 9/30/23 | 6.69 |
| 3/31/24 | NA |
| 12/31/23 | 6.24 |
| 9/30/23 | 5.31 |
| 3/31/24 | NA |
| 12/31/23 | 35.22 |
| 9/30/23 | 35.11 |
| 3/31/24 | NA |
| 12/31/23 | 35.22 |
| 9/30/23 | 35.11 |
| 3/31/24 | NA |
| 12/31/23 | 42.53 |
| 9/30/23 | 42.62 |
| 3/31/24 | NA |
| 12/31/23 | 30.56 |
| 9/30/23 | 29.20 |
| 3/31/24 | NA |
| 12/31/23 | 0.77 |
| 9/30/23 | 0.72 |
| 3/31/24 | NA |
| 12/31/23 | 0.00 |
| 9/30/23 | 0.00 |
| 3/31/24 | NA |
| 12/31/23 | 0.00 |
| 9/30/23 | 0.00 |