Equities research analysts expect that LG Display (NYSE:LPL) will report $0.10 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for LG Display’s earnings, with estimates ranging from $0.07 to $0.13. LG Display reported earnings per share of $0.77 during the same quarter last year, which suggests a negative year over year growth rate of 87%. The firm is scheduled to issue its next quarterly earnings results on Monday, May 28th.
According to Zacks, analysts expect that LG Display will report full year earnings of $0.49 per share for the current year. For the next year, analysts anticipate that the firm will report earnings of $0.67 per share, with EPS estimates ranging from $0.42 to $0.92. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for LG Display.
A number of research firms have recently weighed in on LPL. ValuEngine lowered LG Display from a “sell” rating to a “strong sell” rating in a research note on Tuesday, May 22nd. Zacks Investment Research raised LG Display from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 28th. Cowen set a $15.00 price objective on LG Display and gave the company a “buy” rating in a research note on Tuesday, April 10th. Finally, Bank of America lowered LG Display to an “underperform” rating in a research note on Wednesday, April 25th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $15.00.
Shares of NYSE:LPL traded down $0.04 during trading on Friday, reaching $10.26. 375,829 shares of the company traded hands, compared to its average volume of 754,451. The firm has a market cap of $7.34 billion, a PE ratio of 4.28, a price-to-earnings-growth ratio of 1.44 and a beta of 0.76. LG Display has a 52-week low of $10.16 and a 52-week high of $17.05. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.79 and a current ratio of 1.04.
LG Display Company Profile
LG Display Co, Ltd. engages in the manufacture and sale of thin film transistor and organic light-emitting diodedisplay (OLED) products. Its products include television, commercial, monitor, notebook, mobile, auto, and OLED display. The company was founded on February 28, 1985 and is headquartered in Seoul, South Korea.
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