LG Display Co., Ltd. (NYSE:LPL) Receives Average Rating of "Reduce" from Analysts

Key Points

• Analyst consensus: Five analysts give LG Display an average rating of "Reduce" — one sell and four hold, according to MarketBeat.
• Recent analyst activity includes Wall Street Zen downgrading LPL from buy to hold (Mar 7), Weiss Ratings reaffirming a "sell (d-)" (Jan 22), and Zacks upgrading the stock from strong sell to hold (Mar 30).
• Stock and fundamentals: Shares opened at $4.77 with a market cap of $4.77B; last quarter EPS was ($0.14) with a net margin of 0.98% and sell-side forecasts of roughly 0.59 EPS for the current fiscal year, and a 52‑week range of $2.72–$5.67.

LG Display Co., Ltd. (NYSE:LPL - Get Free Report) has been given an average rating of "Reduce" by the five analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company.

LPL has been the topic of several analyst reports. Wall Street Zen downgraded LG Display from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Weiss Ratings restated a "sell (d-)" rating on shares of LG Display in a report on Thursday, January 22nd. Finally, Zacks Research upgraded LG Display from a "strong sell" rating to a "hold" rating in a report on Monday, March 30th.

Institutional Investors Weigh In On LG Display

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ausdal Financial Partners Inc. purchased a new stake in LG Display during the 4th quarter worth approximately $43,000. Savant Capital LLC purchased a new stake in LG Display during the 3rd quarter worth approximately $54,000. Creative Planning purchased a new stake in LG Display during the 2nd quarter worth approximately $39,000. Mercer Global Advisors Inc. ADV purchased a new stake in LG Display during the 3rd quarter worth approximately $63,000. Finally, Cetera Investment Advisers purchased a new stake in LG Display during the 4th quarter worth approximately $52,000.

LG Display Stock Performance

Shares of NYSE:LPL opened at $4.77 on Thursday. The company has a market cap of $4.77 billion, a P/E ratio of 25.08, a PEG ratio of 2.07 and a beta of 1.56. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.46 and a current ratio of 0.73. LG Display has a one year low of $2.72 and a one year high of $5.67. The business's 50-day simple moving average is $4.23 and its 200 day simple moving average is $4.44.

LG Display (NYSE:LPL - Get Free Report) last announced its earnings results on Friday, February 13th. The electronics maker reported ($0.14) EPS for the quarter. LG Display had a net margin of 0.98% and a return on equity of 3.26%. The company had revenue of $4.61 billion for the quarter. On average, sell-side analysts forecast that LG Display will post 0.59 earnings per share for the current fiscal year.

About LG Display

LG Display Co, Ltd., headquartered in Seoul, South Korea, is a global manufacturer of thin-film transistor liquid crystal display (TFT-LCD) and organic light-emitting diode (OLED) panels. The company designs and produces display solutions for a wide range of applications, including televisions, desktop monitors, notebook computers, tablets, smartphones, signage and automotive screens. Its product offerings span large-screen television modules, ultra-high definition monitors, flexible and transparent OLED displays, and specialized industrial panels.

LG Display operates a network of production facilities and research centers across Asia, including major manufacturing sites in Paju and Gumi, South Korea, as well as Wuhan, China.

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