LG Display Co. Ltd. (NYSE: LPL) is 36.02% higher on its value in year-to-date trading and has touched a low of $4.01 and a high of $12.31 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LPL stock was last observed hovering at around $11.88 in the last trading session, with the day’s loss setting it -0.4% off its average median price target of $13.32 for the next 12 months. It is also 29.0% off the consensus price target high of $16.17 offered by 25 analysts, but current levels are -73.41% lower than the price target low of $6.62 for the same period.
Currently trading at $11.48, the stock is 3.02% and 9.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -3.37% at the moment leaves the stock 42.38% off its SMA200. LPL registered 144.26% gain for a year compared to 6-month gain of 77.43%. The firm has a 50-day simple moving average (SMA 50) of $10.56 and a 200-day simple moving average (SMA200) of $8.98.
The stock witnessed a 16.79% loss in the last 1 month and extending the period to 3 months gives it a 13.10%, and is -1.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 2.00% over the month.
LG Display Co. Ltd. (LPL) has around 60429 employees, a market worth around $8.01B and $21.66B in sales. Fwd P/E is 9.41. Profit margin for the company is -0.40%. Distance from 52-week low is 186.28% and -6.70% from its 52-week high. The company has generated returns on investments over the last 12 months (1.20%).
LG Display Co. Ltd. (LPL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for LG Display Co. Ltd. (LPL) is a “Overweight”. 25 analysts offering their recommendations for the stock have an average rating of 1.00, where 8 rate it as a Hold and 4 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
LG Display Co. Ltd. is expected to release its quarterly report on 07/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.45 with sales reaching $6.18B over the same period.The EPS is expected to grow by 96.80% this year, but quarterly earnings will post 36.90% year-over-year. Quarterly sales are estimated to grow 56.00% in year-over-year returns.
LG Display Co. Ltd. (LPL) Top Institutional Holders
109 institutions hold shares in LG Display Co. Ltd. (LPL), with institutional investors hold 82.77% of the company’s shares. The shares outstanding are 715.63M, and float is at 444.10M with Short Float at 0.76%. Institutions hold 82.77% of the Float.
The top institutional shareholder in the company is Dimensional Fund Advisors LP with over 6.07 million shares valued at $51.23 million. The investor’s holdings represent 0.85% of the LPL Shares outstanding. As of Dec 30, 2020, the second largest holder is Morgan Stanley with 4.1 million shares valued at $34.56 million to account for 0.57% of the shares outstanding. The other top investors are Parametric Portfolio Associates which holds 2.26 million shares representing 0.32% and valued at over $19.08 million, while Arrowstreet Capital, Limited Partnership holds 0.23% of the shares totaling 1.61 million with a market value of $13.62 million.
LG Display Co. Ltd. (LPL): Who are the competitors?
The company’s main competitors (and peers) include eMagin Corporation (EMAN) that is trading 739.42% up over the past 12 months. Short interest in the company’s stock has fallen -28.24% from the last report on Apr 14, 2021 to stand at a total of 3.36 million short shares sold with a short interest ratio of 5.62.