The stock of Louisiana-Pacific Corp. (LPX) has gone down by -0.08% for the week, with a 8.94% rise in the past month and a 18.01% rise in the past quarter. The volatility ratio for the week is 1.82%, and the volatility levels for the past 30 days are 2.52% for LPX. The simple moving average for the past 20 days is 3.66% for LPX’s stock, with a 24.60% simple moving average for the past 200 days.
Is It Worth Investing in Louisiana-Pacific Corp. (NYSE: LPX) Right Now?
The price-to-earnings ratio for Louisiana-Pacific Corp. (NYSE: LPX) is above average at 33.29x. The 36-month beta value for LPX is also noteworthy at 1.85. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 3 rating it as “sell.”
The public float for LPX is 70.87M, and at present, short sellers hold a 3.17% of that float. The average trading volume of LPX on April 04, 2024 was 878.72K shares.
LPX) stock’s latest price update
Louisiana-Pacific Corp. (NYSE: LPX) has experienced a rise in its stock price by 0.98 compared to its previous closing price of 81.49. However, the company has seen a fall of -0.08% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-25 that Louisiana-Pacific’s (LPX) focus on the Siding business and strategic investments bode well. Yet, inflationary pressures are a concern.
Analysts’ Opinion of LPX
TD Securities, on the other hand, stated in their research note that they expect to see LPX reach a price target of $78. The rating they have provided for LPX stocks is “Buy” according to the report published on September 20th, 2023.
DA Davidson gave a rating of “Buy” to LPX, setting the target price at $76 in the report published on August 23rd of the previous year.
LPX Trading at 12.45% from the 50-Day Moving Average
After a stumble in the market that brought LPX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.66% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 1.82%, as shares surge +9.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.68% upper at present.
During the last 5 trading sessions, LPX fell by -0.08%, which changed the moving average for the period of 200-days by +29.49% in comparison to the 20-day moving average, which settled at $79.75. In addition, Louisiana-Pacific Corp. saw 16.18% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LPX starting from Gottung Lizanne C, who sale 2,500 shares at the price of $77.58 back on Mar 15 ’24. After this action, Gottung Lizanne C now owns 25,995 shares of Louisiana-Pacific Corp., valued at $193,955 using the latest closing price.
Blosser Michael W, the SVP, Manufacturing Services of Louisiana-Pacific Corp., sale 4,060 shares at $67.00 during a trade that took place back on Dec 14 ’23, which means that Blosser Michael W is holding 49,858 shares at $272,020 based on the most recent closing price.
Stock Fundamentals for LPX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.23 for the gross margin
The net margin for Louisiana-Pacific Corp. stands at 0.07. The total capital return value is set at 0.13. Equity return is now at value 11.84, with 7.40 for asset returns.
Based on Louisiana-Pacific Corp. (LPX), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.83. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 19.93.
Currently, EBITDA for the company is 467.0 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 16.65for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
In summary, Louisiana-Pacific Corp. (LPX) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
