Other research analysts also recently issued reports about the company. ValuEngine downgraded LG Display from a strong-buy rating to a buy rating in a research note on Friday, February 23rd. Zacks Investment Research raised LG Display from a hold rating to a buy rating and set a $15.00 price target on the stock in a research note on Wednesday, December 27th. CLSA raised LG Display from an underperform rating to an outperform rating in a research note on Tuesday, January 23rd. Finally, Morgan Stanley raised LG Display from an underweight rating to an overweight rating in a research note on Tuesday, January 23rd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. LG Display currently has an average rating of Hold and an average target price of $15.00.
Shares of LPL stock opened at $11.87 on Tuesday. LG Display has a twelve month low of $11.28 and a twelve month high of $17.05. The firm has a market cap of $8,208.32, a P/E ratio of 5.03, a PEG ratio of 0.66 and a beta of 0.73. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.90 and a current ratio of 1.17.
LG Display (NYSE:LPL) last released its quarterly earnings results on Tuesday, January 23rd. The electronics maker reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.20). The company had revenue of $6.41 billion during the quarter. LG Display had a net margin of 6.61% and a return on equity of 12.40%. equities research analysts expect that LG Display will post 1.19 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently made changes to their positions in the business. KCS Wealth Advisory bought a new position in LG Display during the fourth quarter valued at $156,000. Advisor Group Inc. grew its holdings in LG Display by 2,754.1% during the fourth quarter. Advisor Group Inc. now owns 25,573 shares of the electronics maker’s stock valued at $353,000 after purchasing an additional 24,677 shares during the period. Shelton Capital Management grew its holdings in LG Display by 14.9% during the fourth quarter. Shelton Capital Management now owns 54,000 shares of the electronics maker’s stock valued at $743,000 after purchasing an additional 7,000 shares during the period. US Bancorp DE grew its holdings in LG Display by 26.3% during the fourth quarter. US Bancorp DE now owns 60,155 shares of the electronics maker’s stock valued at $827,000 after purchasing an additional 12,526 shares during the period. Finally, Candriam Luxembourg S.C.A. grew its holdings in LG Display by 8.8% during the fourth quarter. Candriam Luxembourg S.C.A. now owns 87,000 shares of the electronics maker’s stock valued at $1,197,000 after purchasing an additional 7,000 shares during the period. 3.32% of the stock is owned by institutional investors and hedge funds.
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LG Display Company Profile
LG Display Co, Ltd. manufactures and sells thin-film transistor liquid crystal display and organic light-emitting diode (OLED) technology-based display panels in the Republic of Korea, the Americas, Europe, Asia, and internationally. It offers various display panels primarily for use in televisions, notebook computers, desktop monitors, tablet computers, and mobile devices.
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