|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||184.60 - 189.90|
|52-week range||52.10 - 189.90|
|PE ratio (TTM)||109.91|
|Earnings date||31 Jan 2018 - 7 Feb 2018|
|Forward dividend & yield||0.12 (0.06%)|
|1y target est||165.71|
Universal Display, a maker of technology and materials for organic light-emitting diode displays and lighting, saw its stock surge to a record high Friday.
Universal Display shares climbed to an all-time high after the maker of OLED displays and lighting held an analyst day.
Shares of organic light-emitting diode technology maker Universal Display (OLED) closed up $13.75, or 10%, at $158.10, continuing last night’s after-hours gains, after yesterday afternoon offering Q3 revenue and profit that crushed analysts' expectations, and raising its full year outlook above consensus. Universal is a key supplier to Samsung Electronics (005930KS), its biggest customer at 43% of Universal's revenue last quarter. Samsung builds the OLED materials into displays for mobile devices, along from other things, which are used in products such as Apple's (AAPL) iPhone X. Hence, the already upbeat outlook of the company is gaining encouragement from the general bullishness about Apple's fiscal Q4 report last night, and the excitement over the X, which went on sale today.
Universal Display rocketed to an all-time high Friday after it posted better-than-expected third-quarter results.
Nasdaq futures rallied as Apple earnings and guidance lifted the iPhone maker and suppliers. The IBD 50's top 3 stocks also moved sharply overnight on earnings.
On a per-share basis, the Ewing, New Jersey-based company said it had profit of 28 cents. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment ...
[Updates with stock price change at bottom of story.] Organic light-emitting diode technology maker Universal Display (OLED) this afternoon reported Q3 revenue and profit that crushed analysts' expectations, and raised its full year outlook above consensus, sending its shares up by about 6% in late trading. CFO Sidney Rosenblatt called it "another outstanding quarter of solid results," citing the debut of new smartphones using the OLED technology, and also "increasing demand for OLED TVs." He also touted plans for "the world's first foldable OLED display product." "We believe that OLEDs are fast becoming a requirement for the best consumer display products around the world," added Rosenblatt. "As a leading enabler in the ecosystem, we believe that our proprietary phosphorescent materials and technologies are key to unlocking the performance, value, and power efficiency of OLEDs." Revenue in the three months ended in September rose to $61.7 million, yielding EPS of 28 cents.
Universal Display Corporation , enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the third quarter ended September 30, 2017.
Universal Display Corporation , enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its Board of Directors approved a fourth quarter cash dividend of $0.03 per share on the Company's common stock.
Microchip Technology stock received a downgrade, while Universal Display scored a price-target hike. Both are IBD 50 stocks.
OLED display specialist Universal Display surged to a record high on Tuesday after major customer Samsung reported strong growth in OLED displays for smartphones in Q3.
Big-screen OLED TVs provide lots of fuel for the company's growth fires today, but the real long-term play is found in a different market.
Apple has broken out, but will suppliers and other iPhone plays like Broadcom, Universal Display, Skyworks and Lumentum hit buy points? Several have earnings this week.
The OLED leader made a huge bet on its technology, which is quickly becoming the industry standard.
Universal Display is working on a base and near a possible buy point ahead of its Nov. 2 earnings report.
With Q3 earnings season kicking into high gear, here are leading stocks expected to deliver EPS growth of 50% or higher.
Universal Display Corporation , enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its results for the third quarter ended September 30, 2017, will be released on Thursday, November 2, 2017 after market close.