Media stories about Universal Display (NASDAQ:OLED) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Universal Display earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.4707240733439 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Head-To-Head Comparison: Universal Display (OLED) vs. Viewtran Group (VIEWF) (americanbankingnews.com)
- Price to Earnings Ratio in Focus: Universal Display Corporation (OLED) (nasdaqfortune.com)
- Universal Display Corporation (OLED) stock RSI moves to 28.21, could lead to a rising move (nasdaqchronicle.com)
- Mix Technology Stocks- SunTrust Banks, Inc. (NYSE:STI), Universal Display Corporation (NASDAQ:OLED), Cardinal … (journalfinance.net)
- Average True Range (ATR) to Consider – Universal Display Corporation, (NASDAQ: OLED) (stocksnewstimes.com)
NASDAQ OLED opened at $94.05 on Monday. The stock has a market cap of $4,433.42, a price-to-earnings ratio of 38.70 and a beta of 1.31. Universal Display has a 1 year low of $84.55 and a 1 year high of $209.00.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Thursday, March 15th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.26%. The ex-dividend date was Wednesday, March 14th. This is an increase from Universal Display’s previous quarterly dividend of $0.03. Universal Display’s payout ratio is presently 9.88%.
Several equities research analysts have commented on OLED shares. Zacks Investment Research upgraded shares of Universal Display from a “hold” rating to a “buy” rating and set a $195.00 price target on the stock in a research report on Thursday, January 4th. Susquehanna Bancshares boosted their price target on shares of Universal Display from $195.00 to $215.00 and gave the stock a “positive” rating in a research report on Friday, January 5th. 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 cut shares of Universal Display from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Finally, Needham & Company LLC upgraded shares of Universal Display from a “hold” rating to a “buy” rating and set a $180.00 price target on the stock in a research report on Tuesday, February 20th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $165.58.
In other news, Director Elizabeth H. Gemmill sold 2,500 shares of the company’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 is accessible through this link. Also, Director Richard C. Elias sold 2,250 shares of the company’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. 5.20% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact Universal Display (OLED) Share Price” was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://stocknewstimes.com/2018/04/23/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-universal-display-oled-share-price.html.
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.
Receive News & Ratings for Universal Display Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Display and related companies with MarketBeat.com's FREE daily email newsletter.