Louisiana-Pacific Corp. (NYSE: LPX) has a higher price-to-earnings ratio of 22.59x compared to its average ratio, The 36-month beta value for LPX is at 1.89. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 as “hold,” and 3 as “sell.”
The public float for LPX is 70.40M, and currently, shorts hold a 3.18% of that float. The average trading volume for LPX on July 04, 2024 was 1.05M shares.
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LPX) stock’s latest price update
The stock of Louisiana-Pacific Corp. (NYSE: LPX) has increased by 1.58 when compared to last closing price of 81.86. Despite this, the company has experienced a 0.58% gain in its stock price over the last five trading sessions. zacks.com reported 2024-06-27 that Louisiana-Pacific (LPX) reachead $82.39 at the closing of the latest trading day, reflecting a -0.34% change compared to its last close.
LPX’s Market Performance
LPX’s stock has risen by 0.58% in the past week, with a monthly drop of -9.37% and a quarterly rise of 1.05%. The volatility ratio for the week is 1.94% while the volatility levels for the last 30 days are 2.33% for Louisiana-Pacific Corp. The simple moving average for the last 20 days is -5.40% for LPX stock, with a simple moving average of 17.16% for the last 200 days.
Analysts’ Opinion of LPX
Many brokerage firms have already submitted their reports for LPX stocks, with Goldman repeating the rating for LPX by listing it as a “Sell.” The predicted price for LPX in the upcoming period, according to Goldman is $81 based on the research report published on June 17, 2024 of the current year 2024.
Loop Capital gave a rating of “Hold” to LPX, setting the target price at $82 in the report published on May 03rd of the current year.
LPX Trading at -2.44% 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 -13.11% of loss for the given period.
Volatility was left at 2.33%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -8.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.49% upper at present.
During the last 5 trading sessions, LPX rose by +0.53%, which changed the moving average for the period of 200-days by +41.75% in comparison to the 20-day moving average, which settled at $87.52. In addition, Louisiana-Pacific Corp. saw 17.39% 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 3,591 shares at the price of $89.18 back on Jun 17 ’24. After this action, Gottung Lizanne C now owns 23,501 shares of Louisiana-Pacific Corp., valued at $320,239 using the latest closing price.
Blosser Michael W, the SVP, Manufacturing Services of Louisiana-Pacific Corp., sale 3,661 shares at $91.54 during a trade that took place back on May 15 ’24, which means that Blosser Michael W is holding 54,898 shares at $335,128 based on the most recent closing price.
Stock Fundamentals for LPX
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.26 for the gross margin
The net margin for Louisiana-Pacific Corp. stands at 0.1. The total capital return value is set at 0.18. Equity return is now at value 17.21, with 11.13 for asset returns.
Based on Louisiana-Pacific Corp. (LPX), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 1.55. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 26.8.
Currently, EBITDA for the company is 467.0 million with net debt to EBITDA at 0.23. When we switch over and look at the enterprise to sales, we see a ratio of 2.24. The receivables turnover for the company is 15.12for trailing twelve months and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.31.
Conclusion
In conclusion, Louisiana-Pacific Corp. (LPX) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
