Louisiana-Pacific Corp. [LPX] stock prices are down -0.49% to $74.82 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LPX shares have gain 3.89% over the last week, with a monthly amount drifted -9.15%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Louisiana-Pacific Corp. [NYSE: LPX] stock has seen the most recent analyst activity on January 11, 2024, when TD Securities downgraded its rating to a Hold. Previously, TD Securities upgraded its rating to Buy on September 20, 2023, and kept the price target unchanged to $78. On August 23, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $76 on the stock. TD Securities downgraded its rating to a Hold but stick to its price target of $86 on July 18, 2023. Truist upgraded its rating to a Buy and raised its price target to $82 on June 28, 2023. TD Securities upgraded its rating to Buy for this stock on May 04, 2023, and upped its price target to $75. In a note dated January 12, 2023, DA Davidson downgraded an Neutral rating on this stock and revised its target price from $69 to $63.
The stock price of Louisiana-Pacific Corp. [LPX] has been fluctuating between $49.47 and $84.54 over the past year. Currently, Wall Street analysts expect the stock to reach $71.5 within the next 12 months. Louisiana-Pacific Corp. [NYSE: LPX] shares were valued at $74.82 at the most recent close of the market. An investor can expect a potential drop of -4.44% based on the average LPX price forecast.
Analyzing the LPX fundamentals
The Louisiana-Pacific Corp. [NYSE:LPX] reported sales of 2.58B for trailing twelve months, representing a drop of -6.67%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.10 points at the first support level, and at 73.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.29, and for the 2nd resistance point, it is at 75.76.
Louisiana-Pacific Corp. [LPX] reported earnings per share of $0.71 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.55/share, meaning a difference of $0.16 and a surprise factor of 29.10%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $1.62 per share as compared to estimates of $1.53 per share, a difference of $0.09 representing a surprise of 5.90%.
Ratios To Look Out For
It’s worth pointing out that Louisiana-Pacific Corp. [NYSE:LPX]’s Current Ratio is 3.00. In addition, the Quick Ratio stands at 1.54 and the Cash Ratio stands at 0.81. Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 3.47 and price to earnings (TTM) ratio is 30.26.
Transactions by insiders
Recent insider trading involved Gottung Lizanne C, Director, that happened on Mar 15 ’24 when 2500.0 shares were sold. SVP, Manufacturing Services, Blosser Michael W completed a deal on Dec 14 ’23 to sell 4060.0 shares. Meanwhile, Director Gottung Lizanne C sold 3313.0 shares on Dec 14 ’23.
