LG Display (LPL) closed at $10 in the latest trading session, marking a -1.67% move from the prior day. This change lagged the S&P 500's 0.75% loss on the day.

Prior to today's trading, shares of the maker of monitors and panels for TVs, phones and other products had lost 2.02% over the past month. This has lagged the Computer and Technology sector's gain of 3.03% and the S&P 500's gain of 2.74% in that time.

Investors will be hoping for strength from LPL as it approaches its next earnings release. The company is expected to report EPS of $0.44, up 175.86% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.39 billion, up 46.79% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.07 per share and revenue of $27.38 billion. These totals would mark changes of +1981.82% and +35.55%, respectively, from last year.

Any recent changes to analyst estimates for LPL should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. LPL is currently sporting a Zacks Rank of #4 (Sell).

Investors should also note LPL's current valuation metrics, including its Forward P/E ratio of 4.91. This valuation marks a discount compared to its industry's average Forward P/E of 11.67.

We can also see that LPL currently has a PEG ratio of 0.15. 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 industry had an average PEG ratio of 0.66 as of yesterday's close.

The Computer - Peripheral Equipment industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
LG Display Co., Ltd. (LPL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.