At the time of writing, Louisiana-Pacific Corp. [LPX] stock is trading at $103.57, up 3.50%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LPX shares have gain 0.13% over the last week, with a monthly amount drifted -1.60%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
For the past year, the stock price of Louisiana-Pacific Corp. fluctuated between $49.47 and $109.73. 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 $103.57 at the most recent close of the market. An investor can expect a potential drop of -12.69% based on the average LPX price forecast.
Analyzing the LPX fundamentals
According to Louisiana-Pacific Corp. [NYSE:LPX], the company’s sales were 2.92B for trailing twelve months, which represents an 33.22% jump. 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 101.18 points at the first support level, and at 98.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.04, and for the 2nd resistance point, it is at 106.50.
Ratios To Look Out For
It is important to note that Louisiana-Pacific Corp. [NYSE:LPX] has a current ratio of 3.38. Also, the Quick Ratio is 1.95, while the Cash Ratio stands at 1.21. Considering the valuation of this stock, the price to sales ratio is 2.49, the price to book ratio is 4.44 and price to earnings (TTM) ratio is 16.76.
Transactions by insiders
Recent insider trading involved Gottung Lizanne C, Director, that happened on Sep 16 ’24 when 2500.0 shares were sold. Director, LIZANNE GOTTUNG completed a deal on Sep 16 ’24 to buy 5000.0 shares. Meanwhile, Chief Executive Officer Southern William Bradley sold 32600.0 shares on Aug 21 ’24.
