Universal Display Corporation with ticker code (OLED) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 196 and 150 and has a mean target at $175.83. Now with the previous closing price of $164.60 this indicates there is a potential upside of 6.8%. It’s also worth noting that there is a 50 day moving average of $144.65 and the 200 day moving average is $131.63. The company has a market capitalization of 7.60B. The stock price for the company is currently 160.56 USD
The potential market cap would be $8,118,478,239 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 38.41, revenue per share of 12.78 and a 10.51% return on assets.
Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. OLED is a emit light device, which can be manufactured on both flexible and rigid substrates, helps making them suitable for use in full-color displays and as lighting products. OLED displays can be used in the mobile phone, television, wearable, tablet, notebook and personal computer, augmented reality (AR), virtual reality (VR), portable media device and automotive products. Its PHOLED technologies allows OLEDs to emit light through a process, phosphorescence. It has an intellectual property portfolio surrounding its existing PHOLED technologies and materials for both displays and lighting products, which the Company market under the UniversalPHOLED brand. The Company’s additional OLED technologies include FOLED Flexible OLEDs and OVJP Organic Vapor Jet Printing.
