OLED stock: buy or sell?
August 23rd, 2019
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel displays and solid-state lighting applications.
Should I buy OLED stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Universal Display stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Universal Display stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we detected 15 ratings published for OLED stock in the last 30 days. The general sentiment of these ratings is bullish for OLED stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-2||Needham & Company LLC||Buy||Hold|
|2019-7-12||Needham & Company LLC||Buy||Buy|
|2019-7-12||Needham & Company LLC||Buy||Buy|
|2019-2-22||Needham & Company LLC||n/a||Buy|
OLED stock analysis
Shares of Universal Display collapsed a terrifying -3.60% and closed at $204.01.
Universal Display shares collapsed -3.60% to $204.01 today. On Aug 2nd, OLED hit a new all time high, pushing higher than on Aug 1st tops. Check different trading setups that use ATHs as triggers. Since June when OLED stock price broke up the SMA50d line, it gained $42.34 (26.19%).
Universal Display shares slipped -3.21% this week, ending at $204.01.
Universal Display stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Universal Display marked late July. Since mid March when SMA20w and SMA40w crossed up, OLED price gained $56.70 per share (38.49%). Since price and SMA40w lines crossed up late January, OLED climbed $104.12 (104.23%).
OLED stock price history
OLED IPO was on April 11th, 1996 at $4.98 per share1. Since then, OLED stock grew a 3,996.60%, with a yearly average of 173.80%. If you had invested right after OLED's IPO a $1,000 in OLED stock in 1996, it would worth $39,966.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OLED stock historical price chart
OLED stock reached all-time highs on Aug 2nd with a price of $218.28.
OLED stock price target is $184.80Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' OLED stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 11 price predictions for OLED stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-2||Roth Capital||Raises Target||$172.00||$206.00||19.8%|
|2019-7-12||Needham & Company LLC||Reiterates||$200.00||$210.00||5%|
|2019-7-12||Needham & Company LLC||Raises Target||$200.00||$210.00||5%|
|2019-2-26||Roth Capital||Raises Target||$128.00||$172.00||34.4%|
|2019-2-22||Needham & Company LLC||Raises Target||$105.00||$140.00||33.3%|
|2019-2-22||Deutsche Bank||Raises Target||n/a||$140.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Universal Display presented its financial report, posting an excellent climb for the Earnings per Share (EPS) ratio. Experts expected $0.34 per share, but Universal Display posted $0.40.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a frightening correction of -26.28% to $247.41 million USD. However, its earnings margin (compared to sales) dropped to 23.78%, that is $58.84 million.
|2013||$147 M||-||$74 M50.5%||-|
|2014||$191 M||30.27%||$42 M21.9%||-43.48%|
|2015||$191 M||0.01%||$15 M7.7%||-64.93%|
|2016||$199 M||4.10%||$48 M24.2%||227.50%|
|2017||$336 M||68.75%||$104 M31.0%||116.11%|
|2018||$247 M||-26.28%||$59 M23.8%||-43.36%|
Quarterly financial resultsUniversal Display reported $70.14 million in revenues for 2018-Q4, a -9.55% less compared to previous quarter. Reported quarter earnings marked $19.25 M with a profit margin of 27.44%. Profit margin declined a -1.98% compared to previous quarter when profit margin was 29.42%. When comparing turnover to same quarter last year, Universal Display sales marked a dreadful slide and plunged a -39.46%.
|2017-Q2||$103 M||-||$46 M45.3%||-|
|2017-Q3||$62 M||-39.83%||$14 M21.9%||-70.90%|
|2017-Q4||$116 M||87.84%||$33 M28.3%||142.70%|
|2018-Q1||$44 M||-62.39%||$6 M13.7%||-81.84%|
|2018-Q2||$56 M||28.86%||$11 M19.3%||81.47%|
|2018-Q3||$78 M||38.11%||$23 M29.4%||111.00%|
|2018-Q4||$70 M||-9.55%||$19 M27.4%||-15.64%|
|2019-Q1||$88 M||25.12%||$31 M35.9%||63.51%|
Universal Display ownershipWhen you are planning to buy shares of a stock, it's worth to have a look its ownership structure.
Universal Display shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 10.17% of all shares.
Bearish positions for OLED stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Universal Display:
|Market cap||$9.6 B||$2.3 B||$81.9 M||$3.8 B||$51.1 M|
|Total shares||47.2 M||962.4 M||76.5 M||715.6 M||78.6 M|
|Float shares||42.5 M||893.3 M||59.7 M||444.3 M||101.6 M|
|- Institutional holdings (%)||88.0%||7.1%||41.1%||3.1%||24.4%|
|- Insider holdings (%)||10.2%||0.0%||18.1%||0.0%||1.8%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$201.17 - $212.53|
|Average true range||$7.10|
|50d mov avg||$200.29|
|100d mov avg||$181.62|
|200d mov avg||$147.13|
Universal Display performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Universal Display, the comparison is made against AU Optronics, Kopin, LG Display, Microvision, Koninklijke Philips and .