Wall Street brokerages expect that LG Display Co Ltd. (NYSE:LPL) will announce $0.30 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for LG Display’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.24. LG Display posted earnings per share of $1.04 during the same quarter last year, which would suggest a negative year over year growth rate of 71.2%. The company is expected to announce its next quarterly earnings results on Friday, April 27th.
On average, analysts expect that LG Display will report full-year earnings of $2.57 per share for the current year, with EPS estimates ranging from $2.43 to $2.71. For the next financial year, analysts anticipate that the company will report earnings of $1.49 per share, with EPS estimates ranging from $1.45 to $1.52. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow LG Display.
A number of research analysts have weighed in on LPL shares. Nomura reaffirmed a “neutral” rating on shares of LG Display in a research report on Thursday, October 19th. Zacks Investment Research cut shares of LG Display from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, Cowen set a $16.00 price target on shares of LG Display and gave the company a “buy” rating in a research report on Monday, October 23rd. Three analysts have rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. LG Display has an average rating of “Hold” and a consensus target price of $15.50.
Shares of LG Display (NYSE LPL) traded down $0.14 during mid-day trading on Thursday, reaching $13.98. 630,700 shares of the company’s stock were exchanged, compared to its average volume of 746,086. The firm has a market capitalization of $10,030.00, a PE ratio of 4.17, a price-to-earnings-growth ratio of 0.66 and a beta of 0.47. The company has a current ratio of 1.40, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. LG Display has a 1 year low of $11.91 and a 1 year high of $17.05.
About LG Display
LG Display Co, Ltd. manufactures thin-film transistor liquid crystal display, organic light emitting diode and other display panel technologies. The Company manufactures display panels in a range of sizes and specifications primarily for use in televisions, notebook computers, desktop monitors, tablet computers and various other applications, including mobile devices.
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