Universal Display (OLED) Given Daily News Impact Score of 0.13

News articles about Universal Display (NASDAQ:OLED) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Universal Display earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.6906740765459 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

Shares of Universal Display opened at $99.90 on Friday, MarketBeat Ratings reports. The stock has a market capitalization of $4.63 billion, a PE ratio of 41.11 and a beta of 1.33. Universal Display has a 1 year low of $98.25 and a 1 year high of $100.20.

Universal Display (NASDAQ:OLED) last announced its quarterly earnings data on Thursday, May 3rd. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.13. The company had revenue of $43.57 million for the quarter, compared to the consensus estimate of $50.85 million. Universal Display had a return on equity of 17.53% and a net margin of 30.74%. The firm’s revenue was down 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 EPS. sell-side analysts predict that Universal Display will post 1.99 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Thursday, June 14th. Universal Display’s dividend payout ratio is 9.88%.

A number of equities research analysts have commented on OLED shares. Zacks Investment Research lowered Universal Display from a “hold” rating to a “sell” rating in a research report on Tuesday, March 27th. Deutsche Bank reiterated a “buy” rating and issued a $190.00 price target on shares of Universal Display in a research report on Thursday, January 25th. BidaskClub lowered Universal Display from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 15th. Cowen set a $225.00 price target on Universal Display and gave the company a “buy” rating in a research report on Tuesday, February 20th. Finally, Oppenheimer upgraded Universal Display from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a research report on Friday, April 6th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $178.20.

In other news, Director Elizabeth H. Gemmill sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $124.07, for a total value of $310,175.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard C. Elias sold 2,250 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $129.60, for a total value of $291,600.00. The disclosure for this sale can be found here. 4.00% of the stock is owned by insiders.

About Universal Display

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. As of February 22, 2018, it owned or had exclusive and co-exclusive licenses, or had sole license rights with respect to approximately 4,500 issued and pending patents worldwide.

Insider Buying and Selling by Quarter for Universal Display (NASDAQ:OLED)

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