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LG Display Co., Ltd. (LPL)

NYSE - Nasdaq Real-time price. Currency in USD
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6.58+0.02 (+0.30%)
As of 10:21AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close6.56
Open6.51
Bid6.54 x 1800
Ask6.55 x 1300
Day's range6.51 - 6.59
52-week range6.29 - 11.26
Volume55,844
Avg. volume489,360
Market cap4.901B
Beta (5Y monthly)1.23
PE ratio (TTM)6.99
EPS (TTM)0.94
Earnings dateN/A
Forward dividend & yield0.26 (4.01%)
Ex-dividend date30 Dec 2021
1y target est6.20
  • Reuters

    LG Display quarterly profit plunges as demand shrinks and prices slide

    SEOUL (Reuters) -LG Display Co Ltd saw first-quarter profit plummet far below forecasts and warned of a further drop in panel prices as pandemic-driven demand for TVs, smartphones and laptops fades and competition heats up. The South Korean Apple Inc supplier said it would shift its focus to higher-end products and gradually lower production of more commoditised LCD TV panels where it lacked a competitive advantage over cheaper Chinese rivals. The LCD TV market shrank by more than 10% in the first quarter and Chinese competitors are pricing their products lower than LG Display's expectations, Lee Tai-jong, head of the company's large display marketing division, said on a call with analysts.

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