Universal Display Corporation (OLED) Analysts See $0.09 EPS

October 8, 2017 - By Adrian Mccoy

 Universal Display Corporation (OLED) Analysts See $0.09 EPS
Investors sentiment increased to 1.2 in 2017 Q2. Its up 0.07, from 1.13 in 2017Q1. It improved, as 23 investors sold Universal Display Corporation shares while 87 reduced holdings. 71 funds opened positions while 61 raised stakes. 28.92 million shares or 8.12% less from 31.47 million shares in 2017Q1 were reported.
Brinker holds 0.06% of its portfolio in Universal Display Corporation (NASDAQ:OLED) for 11,745 shares. Nationwide Fund Advisors holds 0.06% or 126,872 shares in its portfolio. Friess Associate Lc holds 0.32% or 32,487 shares in its portfolio. Brown Advisory holds 2,664 shares. Castleark Mgmt Lc reported 82,750 shares stake. Balyasny Asset Mgmt Limited Liability accumulated 33,622 shares. Pub Employees Retirement Association Of Colorado owns 10,156 shares for 0.01% of their portfolio. Fernwood Invest Mgmt Lc stated it has 7,570 shares or 0.6% of all its holdings. 70,600 were accumulated by Swiss Retail Bank. 2,000 are held by Weiss Multi. Barclays Public Limited Co stated it has 0.01% of its portfolio in Universal Display Corporation (NASDAQ:OLED). Timessquare Mngmt Ltd Llc holds 259,450 shares or 0.18% of its portfolio. Federated Inc Pa holds 20,677 shares or 0.01% of its portfolio. Frontier Mngmt Co Ltd Liability stated it has 1.03M shares or 0.83% of all its holdings. Citadel Advsr Ltd holds 53,526 shares.

Investors wait Universal Display Corporation (NASDAQ:OLED) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.09 EPS, up $0.12 or 400.00 % from last year’s $-0.03 same quarter earnings. This translates into $4.23 million profit for OLED giving the stock a 355.83 P/E. This is assuming the current $0.09 EPS is accurate. Universal Display Corporation’s Wall Street analysts see -90.91 % negative EPS growth, taking into account the $0.99 EPS reproted in the previous quarter, The stock increased 0.71% or $0.9 on October 6, reaching $128.1. About 474,030 shares traded. Universal Display Corporation (NASDAQ:OLED) has risen 114.77% since October 8, 2016 and is uptrending. It has outperformed by 98.07% the S&P500.

Universal Display Corporation (NASDAQ:OLED) Ratings Coverage

Among 9 analysts covering Universal Display (NASDAQ:OLED), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Universal Display had 18 analyst reports since August 11, 2015 according to SRatingsIntel. As per Friday, October 16, the company rating was downgraded by Goldman Sachs. On Tuesday, August 11 the stock rating was downgraded by Zacks to “Hold”. The rating was downgraded by Gabelli to “Hold” on Friday, May 6. As per Friday, August 4, the company rating was maintained by Oppenheimer. The firm earned “Positive” rating on Wednesday, February 15 by Susquehanna. The company was maintained on Friday, August 4 by Cowen & Co. The stock of Universal Display Corporation (NASDAQ:OLED) earned “Buy” rating by Goldman Sachs on Monday, May 23. The stock has “Hold” rating by Canaccord Genuity on Wednesday, December 9. The company was initiated on Monday, September 28 by Summit Research. Canaccord Genuity maintained Universal Display Corporation (NASDAQ:OLED) rating on Friday, February 24. Canaccord Genuity has “Hold” rating and $65 target.

Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode , technologies and materials for use in display and solid-state lighting applications. The company has market cap of $6.02 billion. The Firm 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. It has a 72.36 P/E ratio. The Firm has produced and sold phosphorescent emitter materials that produce red, yellow, green and light-blue light, which are combined in various ways for the display and lighting markets.

More important recent Universal Display Corporation (NASDAQ:OLED) news were published by: Fool.com which released: “1 Huge Risk Universal Display Corporation Bulls Need to Know” on July 31, 2017, also Seekingalpha.com published article titled: “Computer Equipment Stocks: Which Are Best Wealth-Builders Now?”, Nasdaq.com published: “Universal Display Corporation (OLED) Ex-Dividend Date Scheduled for September …” on September 13, 2017. More interesting news about Universal Display Corporation (NASDAQ:OLED) was released by: Fool.com and their article: “Forget Apple: Universal Display Investors Should Be More Excited About This” with publication date: September 22, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com