Louisiana-Pacific Corp. [LPX] stock is trading at $100.78, up 1.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The LPX shares have gain 6.94% over the last week, with a monthly amount glided 7.12%, 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 August 08, 2024, when BMO Capital Markets downgraded its rating to a Market Perform but kept the price target unchanged to $99 for it. Previously, Goldman downgraded its rating to Sell on June 17, 2024, and dropped its price target to $81. On May 09, 2024, downgrade downgraded it’s rating to Neutral. Loop Capital started tracking the stock assigning a Hold rating and suggested a price target of $82 on May 03, 2024. TD Securities downgraded its rating to a Hold. TD Securities upgraded its rating to Buy for this stock on September 20, 2023, but kept the price target unchanged to $78. In a note dated August 23, 2023, DA Davidson upgraded an Buy rating on this stock but restated the target price of $76.
Louisiana-Pacific Corp. [LPX] stock has fluctuated between $49.47 and $101.89 over the past year. Currently, Wall Street analysts expect the stock to reach $90.43 within the next 12 months. Louisiana-Pacific Corp. [NYSE: LPX] shares were valued at $100.78 at the most recent close of the market. An investor can expect a potential drop of -10.27% based on the average LPX price forecast.
Analyzing the LPX fundamentals
Louisiana-Pacific Corp. [NYSE:LPX] reported sales of 2.92B for the trailing twelve months, which represents a growth of 33.22%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.28 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 99.26 points at the first support level, and at 97.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.07, and for the 2nd resistance point, it is at 103.36.
Ratios To Look Out For
For context, Louisiana-Pacific Corp.’s Current Ratio is 3.38. On the other hand, the Quick Ratio is 1.95, and the Cash Ratio is 1.21. Considering the valuation of this stock, the price to sales ratio is 2.42, the price to book ratio is 4.32 and price to earnings (TTM) ratio is 16.31.
Transactions by insiders
Recent insider trading involved LIZANNE GOTTUNG, Director, that happened on Sep 16 ’24 when 5000.0 shares were purchased. Chief Executive Officer, Southern William Bradley completed a deal on Aug 21 ’24 to sell 32600.0 shares. Meanwhile, Officer Southern William Bradley bought 32600.0 shares on Aug 21 ’24.
