Despite LG Display Co Ltd. ADR [LPL]’s great opportunity, the stock is a bit overvalued

In yesterday’s Wall Street session, LG Display Co Ltd. ADR (NYSE:LPL) shares traded at $3.51, down -3.31% from the previous session.

LPL stock price is now -8.46% away from the 50-day moving average and -19.13% away from the 200-day moving average. The market capitalization of the company currently stands at $3.51B.

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, while ‘Morgan Stanley’ rates the stock as ‘Overweight’

A total of 0.01% of the company’s stock is owned by insiders.

During the past 12 months, LG Display Co Ltd. ADR has had a low of $3.45 and a high of $6.38. As of last week, the company has a debt-to-equity ratio of 2.15, a current ratio of 0.73, and a quick ratio of 0.49. The fifty day moving average price for LPL is $3.8226 and a two-hundred day moving average price translates $4.44215 for the stock.

The latest earnings results from LG Display Co Ltd. ADR (NYSE: LPL) was released for 2024-03-31. According to the Consumer Electronics Company, earnings per share came in at -0.91, missing analysts’ expectations of -0.86 by -0.05. This compares to -$1.29 EPS in the same period last year. The net profit margin was -10.39% and return on equity was -27.31% for LPL. The company reported revenue of $4.2 billion for the quarter, compared to $3.53 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.09 percent. For the current quarter, analysts expect LPL to generate $4.68B in revenue.

LG Display Co Ltd. ADR(LPL) Company Profile

LG Display Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays. The company also provides display panels for industrial and other applications, including entertainment systems, portable navigation devices, and medical diagnostic equipment. In addition, it provides janitorial services; invests in venture business and acquire technologies; and manages intellectual property. The company operates in Korea, China, rest of Asia, the Americas, Poland, and rest of Europe. LG Display Co., Ltd. was formerly known as LG.Philips LCD Co., Ltd. and changed its name to LG Display Co., Ltd. in March 2008. The company was incorporated in 1985 and is headquartered in Seoul, South Korea.

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