A share price of Louisiana-Pacific Corp. [LPX] is currently trading at $88.91, down -0.61%. 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 5.63% over the last week, with a monthly amount glided 0.02%, and 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 June 17, 2024, when Goldman downgraded its rating to a Sell and also revised its price target to $81 from $89. Previously, Seaport Research Partners downgraded its rating to Neutral on May 09, 2024. On May 03, 2024, Loop Capital initiated with a Hold rating and assigned a price target of $82 on the stock. TD Securities downgraded its rating to a Hold. TD Securities upgraded its rating to a Buy but $78 remained the price target by the analyst firm on September 20, 2023. DA Davidson upgraded its rating to Buy for this stock on August 23, 2023, but kept the price target unchanged to $76. In a note dated July 18, 2023, TD Securities downgraded an Hold rating on this stock but restated the target price of $86.
Louisiana-Pacific Corp. experienced fluctuations in its stock price throughout the past year between $49.47 and $95.70. Currently, Wall Street analysts expect the stock to reach $91.83 within the next 12 months. Louisiana-Pacific Corp. [NYSE: LPX] shares were valued at $88.91 at the most recent close of the market. An investor can expect a potential return of 3.28% based on the average LPX price forecast.
Analyzing the LPX fundamentals
Trailing Twelve Months sales for Louisiana-Pacific Corp. [NYSE:LPX] were 2.72B which represents 23.97% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.17 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.
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 88.05 points at the first support level, and at 87.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.42, and for the 2nd resistance point, it is at 91.94.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Louisiana-Pacific Corp. [NYSE:LPX] is 3.31. In addition, the Quick Ratio stands at 1.74 and the Cash Ratio stands at 0.96. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 3.96 and price to earnings (TTM) ratio is 24.16.
Transactions by insiders
Recent insider trading involved Gottung Lizanne C, Director, that happened on Jun 17 ’24 when 3591.0 shares were sold. SVP, Manufacturing Services, Blosser Michael W completed a deal on May 15 ’24 to sell 3661.0 shares. Meanwhile, Director HORTON OZEY K JR sold 1000.0 shares on May 10 ’24.
