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

LG Display Co., Ltd. (NYSE:LPL) has earned an average rating of “Reduce” from the five ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

A number of equities research analysts have recently commented on the company. Zacks Research upgraded LG Display from a “strong sell” rating to a “hold” rating in a research note on Monday, March 30th. Wall Street Zen lowered shares of LG Display from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LG Display in a research report on Thursday, January 22nd.

Institutional Investors Weigh In On LG Display

Several large investors have recently modified their holdings of LPL. Blue Trust Inc. raised its holdings in shares of LG Display by 119.3% in the 1st quarter. Blue Trust Inc. now owns 102,095 shares of the electronics maker’s stock worth $396,000 after purchasing an additional 55,547 shares during the period. Essex Bank bought a new position in LG Display during the first quarter valued at $50,000. Corient Private Wealth LLC grew its holdings in LG Display by 26.8% during the fourth quarter. Corient Private Wealth LLC now owns 357,160 shares of the electronics maker’s stock valued at $1,504,000 after purchasing an additional 75,438 shares during the period. EP Wealth Advisors LLC purchased a new stake in LG Display in the fourth quarter worth $116,000. Finally, XTX Topco Ltd increased its position in LG Display by 17.5% in the fourth quarter. XTX Topco Ltd now owns 53,660 shares of the electronics maker’s stock worth $226,000 after buying an additional 7,980 shares during the last quarter.

LG Display Stock Performance

Shares of LG Display stock opened at $5.07 on Thursday. The business’s fifty day simple moving average is $4.30 and its 200 day simple moving average is $4.43. The firm has a market capitalization of $5.07 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 2.31 and a beta of 1.56. LG Display has a 12 month low of $2.72 and a 12 month high of $5.67. The company has a current ratio of 0.73, a quick ratio of 0.46 and a debt-to-equity ratio of 1.14.

LG Display (NYSE:LPL) last posted its quarterly earnings data on Friday, February 13th. The electronics maker reported ($0.14) earnings per share for the quarter. LG Display had a return on equity of 3.26% and a net margin of 0.98%.The business had revenue of $4.61 billion during the quarter. As a group, analysts anticipate that LG Display will post 0.08 EPS for the current 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.