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Is LG Display (LPL) a Great Value Stock Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
LG Display (LPL - Free Report) is a stock many investors are watching right now. LPL is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock holds a P/E ratio of 5.73, while its industry has an average P/E of 15.12. Over the past 52 weeks, LPL's Forward P/E has been as high as 2,237.53 and as low as -8,966.65, with a median of 7.49.
Investors should also note that LPL holds a PEG ratio of 0.18. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. LPL's PEG compares to its industry's average PEG of 0.50. LPL's PEG has been as high as 0.26 and as low as 0.16, with a median of 0.18, all within the past year.
Another valuation metric that we should highlight is LPL's P/B ratio of 0.70. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. LPL's current P/B looks attractive when compared to its industry's average P/B of 1.74. Over the past 12 months, LPL's P/B has been as high as 0.86 and as low as 0.29, with a median of 0.52.
Finally, investors will want to recognize that LPL has a P/CF ratio of 1.86. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. LPL's current P/CF looks attractive when compared to its industry's average P/CF of 5.35. Within the past 12 months, LPL's P/CF has been as high as 7.92 and as low as -210.58, with a median of 2.16.
These are only a few of the key metrics included in LG Display's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, LPL looks like an impressive value stock at the moment.
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Is LG Display (LPL) a Great Value Stock Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
LG Display (LPL - Free Report) is a stock many investors are watching right now. LPL is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock holds a P/E ratio of 5.73, while its industry has an average P/E of 15.12. Over the past 52 weeks, LPL's Forward P/E has been as high as 2,237.53 and as low as -8,966.65, with a median of 7.49.
Investors should also note that LPL holds a PEG ratio of 0.18. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. LPL's PEG compares to its industry's average PEG of 0.50. LPL's PEG has been as high as 0.26 and as low as 0.16, with a median of 0.18, all within the past year.
Another valuation metric that we should highlight is LPL's P/B ratio of 0.70. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. LPL's current P/B looks attractive when compared to its industry's average P/B of 1.74. Over the past 12 months, LPL's P/B has been as high as 0.86 and as low as 0.29, with a median of 0.52.
Finally, investors will want to recognize that LPL has a P/CF ratio of 1.86. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. LPL's current P/CF looks attractive when compared to its industry's average P/CF of 5.35. Within the past 12 months, LPL's P/CF has been as high as 7.92 and as low as -210.58, with a median of 2.16.
These are only a few of the key metrics included in LG Display's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, LPL looks like an impressive value stock at the moment.