With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.71 million shares. The 52-week range on OLED shows that it touched its highest point at $237.00 and its lowest point at $140.17 during that stretch. It currently has a 1-year price target of $190.12. With its current market cap of 7.25 billion, OLED has annualized dividend of $1.60 while the current yield stands at 1.05%. Beta for the stock currently stands at 1.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OLED was down-trending over the past week, with a drop of -5.46%, but this was up by 6.84% over a month. Three-month performance dropped to -7.15% while six-month performance fell -21.14%. The stock lost -12.55% in the past year, while it has gained 4.49% so far this year. A look at the trailing 12-month EPS for OLED yields 4.65 with Next year EPS estimates of 5.63. For the next quarter, that number is 1.07. This implies an EPS growth rate of 3.16% for this year and 17.34% for next year. EPS is expected to grow by 16.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.75%.
Float and Shares Shorts:
At present, 47.47 million OLED shares are outstanding with a float of 43.76 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OLED since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.80867 being high and $4.72886 being low. For OLED, this leads to a yearly average estimate of $4.75879. Based on analyst estimates, the high estimate for the next quarter is $1.13 and the low estimate is $0.99. The average estimate for the next quarter is thus $1.07.
Summary of Insider Activity:
Insiders traded OLED stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
