LG Display Co., Ltd. (NYSE:LPL) Given Consensus Rating of “Reduce” by Analysts

Shares of LG Display Co., Ltd. (NYSE:LPL) have earned a consensus rating of “Reduce” from the five brokerages that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company.

A number of research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LG Display in a research report on Thursday, January 22nd. Wall Street Zen upgraded LG Display from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Zacks Research cut LG Display from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 29th.

LG Display Stock Performance

Shares of NYSE LPL opened at $3.87 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.37 and a current ratio of 0.62. The business’s 50-day simple moving average is $4.26 and its 200-day simple moving average is $4.46. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 20.34, a P/E/G ratio of 0.56 and a beta of 1.54. LG Display has a 52 week low of $2.43 and a 52 week high of $5.67.

LG Display (NYSE:LPL) last announced its earnings results on Wednesday, January 28th. The electronics maker reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.41). The firm had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $5 billion. LG Display had a return on equity of 3.29% and a net margin of 0.98%. As a group, equities research analysts expect that LG Display will post 0.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PDS Planning Inc increased its holdings in shares of LG Display by 9.8% in the fourth quarter. PDS Planning Inc now owns 85,405 shares of the electronics maker’s stock valued at $360,000 after purchasing an additional 7,608 shares in the last quarter. CWM LLC increased its stake in shares of LG Display by 14.4% in the 4th quarter. CWM LLC now owns 27,617 shares of the electronics maker’s stock valued at $116,000 after acquiring an additional 3,469 shares during the last quarter. Intelligence Driven Advisers LLC acquired a new position in LG Display during the fourth quarter valued at approximately $58,000. Daytona Street Capital LLC bought a new stake in shares of LG Display in the 4th quarter valued at $126,000. Finally, EdgeRock Capital LLC acquired a new stake in shares of LG Display during the fourth quarter worth about $80,000.

LG Display Company Profile

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.