How to Buy Universal Display Stock
Universal Display Corp
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications.
Universal Display stock last closed at $152.96, up 0.65% from the previous day, and has increased 6.74% in one year. It has underperformed other stocks in the Electronic Components industry by 0 percentage points. Universal Display stock is currently +21.42% from its 52-week low of $125.98, and -21.49% from its 52-week high of $194.84.
There are currently 47.37M shares of OLED outstanding. The market capitalization of OLED is $7.25B. In the last 24 hours, 203,014 OLED shares were traded.
How to Buy Universal Display Stock
Not sure how to invest in Universal Display stock? Here's how.
- Decide where to buy Universal Display stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Universal Display stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your information.
- Research Universal Display stock: The Universal Display ticker symbol is OLED. Is Universal Display stock a good investment? Should you buy shares of OLED? How do OLED's underlying business fundamentals look? Do top analysts think Universal Display is a good buy? Why has OLED's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if OLED is a good stock to buy).
- Place your OLED trade: Decide if you will purchase OLED shares at the current market price or use a limit order to purchase OLED shares at a specific price.
- Get the latest news on your OLED position: Create a watchlist to get live updates on your investment in Universal Display shares.
Step 1: Decide where to buy Universal Display stock
You need a brokerage account in order to access the NASDAQ market and buy OLED stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to invest in OLED today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on our top ranked stock app, you need to deposit funds:
Check out the video below if you need help transferring funds into your new brokerage account.
Step 4: Research Universal Display stock
After you have identified the best place to buy Universal Display stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk as well as the upside.
Universal Display stock at a glance
Universal Display Fundamentals
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on OLED's stock page.
Is OLED stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OLED's intrinsic value.
Using relative valuations methods:
- OLED could be overvalued based on its P/E ratio of 35.99x, relative to Electronic Components industry P/E ratio of 25.33x
- OLED could be overvalued based on its P/B ratio of 5.01x, relative to Electronic Components industry P/B ratio of 3.4x
- OLED could be overvalued based on its PEG ratio of 1.31x
You can access more valuation analysis on OLED's stock here.
OLED Financial Summary
Signs that OLED is financially healthy:
- Total OLED debt is lower than 5 years ago, relative to shareholder equity.
- OLED has a low debt to equity ratio of 0.15.
- There are more short-term assets than long-term liabilities on the OLED balance sheet.
- OLED profit margin has gone up from 34.1% to 35.2% in the past year.
- OLED earnings of $245.17M is not sufficient to cover its interest payments.
- OLED's operating cash flow of $154.78M allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the OLED balance sheet.
Is it a good time to buy Universal Display stock, according to Wall Street analysts?
Out of 5 Wall Street analysts who monitor OLED, the consensus analyst rating on OLED is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Universal Display stock forecast page.
OLED Technical Indicators
How is OLED performing as a company?
Last year, OLED earnings were $203.01M. Over the past five year, OLED's earnings have gone up by 27.94% per year. This was faster than the Electronic Components industry average of 13.91%.
Last year, OLED revenue was $576.43M. In the past 5 year, OLED's revenue has gone up by 18.43% per year. This was faster than the Electronic Components industry average of 6.15%.
Dive into OLED's earnings and revenue performance here.
Are OLED insiders buying or selling the stock?
Over the past year, insiders at OLED have sold more shares than they have bought.
Steven V. Abramson, President and CEO of OLED, was the latest OLED insider to sell. They sold $352,216.86 worth of OLED stock on Mar 7, 2024.
Research more about who owns OLED shares here.
Does OLED stock generate passive income?
Universal Display pays a dividend of 0.95%, compared to the Electronic Components industry's average dividend yield of 2.05%. If you owned $1,000 worth of OLED stock, you would have received $9.48 last year.
Universal Display dividend payments have consistently grown over the past 8 years and have remained stable.
Dig into more analysis about Universal Display dividend yield and history here.
What others are saying about OLED
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your OLED trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and eToro will place the order.
If you need additional help with buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your OLED position
Now that you own some OLED shares, you'll want to keep up with your shares.
Put OLED on a watchlist to get notified of the latest news about your OLED stock.
OLED Feed
How to Buy Stock in Universal Display
To summarize, here are the 6 steps to buy Universal Display stock:
- Decide where to buy Universal Display stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Universal Display stock
- Place your OLED trade
- Get the latest news on your OLED position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Universal Display, add OLED to your watchlist below.
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