A share price of Louisiana-Pacific Corp [LPX] is currently trading at $115.28, up 2.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LPX shares have gain 2.64% over the last week, with a monthly amount glided 9.62%, 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 experienced fluctuations in its stock price throughout the past year between $60.00 and $114.33. Currently, Wall Street analysts expect the stock to reach $94.86 within the next 12 months. Louisiana-Pacific Corp [NYSE: LPX] shares were valued at $115.28 at the most recent close of the market. An investor can expect a potential drop of -17.71% based on the average LPX price forecast.
Analyzing the LPX fundamentals
Trailing Twelve Months sales for Louisiana-Pacific Corp [NYSE:LPX] were 2.92B which represents -0.82% decline. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.26 and Total Capital is 0.24. 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 112.35 points at the first support level, and at 109.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.90, and for the 2nd resistance point, it is at 120.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Louisiana-Pacific Corp [NYSE:LPX] is 2.92. As well, the Quick Ratio is 1.69, while the Cash Ratio is 1.14. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 4.84 and price to earnings (TTM) ratio is 19.84.
Transactions by insiders
Recent insider trading involved HORTON OZEY K JR, Director, that happened on Nov 12 ’24 when 300.0 shares were sold. Director, Gottung Lizanne C completed a deal on Sep 16 ’24 to sell 2500.0 shares. Meanwhile, Director LIZANNE GOTTUNG bought 5000.0 shares on Sep 16 ’24.
