LG Display (NYSE:LPL) Releases Earnings Results, Misses Expectations By $0.41 EPS

Key Points

• Missed expectations: LG Display reported Q-quarter EPS of ($0.24), missing the consensus $0.17 by $0.41, and posted a negative net margin (-0.94%) and negative return on equity (-3.22%).
• Valuation and price: Shares opened at $4.15 (52‑week range $2.43–$5.67) with a market cap of about $4.15B, a negative P/E (-24.43) and weak liquidity (current ratio 0.62, quick ratio 0.37).
• Market sentiment: Analyst consensus is "Reduce" amid mixed notes (one upgrade to Buy, a Sell reissue), while several hedge funds have initiated small new positions recently.

LG Display (NYSE:LPL - Get Free Report) issued its earnings results on Wednesday. The electronics maker reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.41), Zacks reports. LG Display had a negative net margin of 0.94% and a negative return on equity of 3.22%.

LG Display Price Performance

LPL stock opened at $4.15 on Wednesday. LG Display has a fifty-two week low of $2.43 and a fifty-two week high of $5.67. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of -24.43, a PEG ratio of 0.61 and a beta of 1.50. The business has a 50 day moving average price of $4.28 and a 200 day moving average price of $4.45. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 1.06.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Wall Street Zen upgraded LG Display from a "hold" rating to a "buy" rating in a report on Saturday, November 22nd. Weiss Ratings reissued a "sell (d-)" rating on shares of LG Display in a research note on Thursday, January 22nd. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, LG Display has a consensus rating of "Reduce".

Institutional Trading of LG Display

Hedge funds have recently made changes to their positions in the company. Creative Planning purchased a new position in LG Display in the second quarter worth $39,000. XTX Topco Ltd purchased a new position in shares of LG Display in the second quarter valued at $46,000. Sei Investments Co. acquired a new position in shares of LG Display during the 2nd quarter worth $52,000. Marshall Wace LLP purchased a new stake in shares of LG Display in the 2nd quarter worth about $54,000. Finally, CW Advisors LLC acquired a new stake in LG Display in the 2nd quarter valued at about $56,000.

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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