Louisiana-Pacific Corp (NYSE: LPX) has a price-to-earnings ratio of 18.68x that is above its average ratio. Additionally, the 36-month beta value for LPX is 1.89. 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 69.11M and currently, short sellers hold a 3.35% ratio of that float. The average trading volume of LPX on November 06, 2024 was 643.19K shares.
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LPX) stock’s latest price update
The stock price of Louisiana-Pacific Corp (NYSE: LPX) has surged by 7.28 when compared to previous closing price of 101.14, but the company has seen a 10.69% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-05 that Louisiana-Pacific Corporation (NYSE:LPX ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Aaron Howald – Vice President, Investor Relations Brad Southern – Chief Executive Officer Alan Haughie – Chief Financial Officer Conference Call Participants Susan Maklari – Goldman Sachs Michael Roxland – Truist Securities Sean Steuart – TD Cowen Steven Ramsey – Thompson Research Group Matthew McKellar – RBC Capital Markets Mark Weintraub – Seaport Research Partners Ketan Mamtora – BMO Capital Markets Kurt Yinger – D.A. Davidson Operator Good day, and thank you for standing by.
LPX’s Market Performance
Louisiana-Pacific Corp (LPX) has seen a 10.69% rise in stock performance for the week, with a 0.27% gain in the past month and a 14.32% surge in the past quarter. The volatility ratio for the week is 3.24%, and the volatility levels for the past 30 days are at 2.62% for LPX. The simple moving average for the past 20 days is 5.80% for LPX’s stock, with a 24.58% simple moving average for the past 200 days.
Analysts’ Opinion of LPX
Many brokerage firms have already submitted their reports for LPX stocks, with BMO Capital Markets repeating the rating for LPX by listing it as a “Market Perform.” The predicted price for LPX in the upcoming period, according to BMO Capital Markets is $99 based on the research report published on August 08, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see LPX reach a price target of $81, previously predicting the price at $89. The rating they have provided for LPX stocks is “Sell” according to the report published on June 17th, 2024.
LPX Trading at 6.73% 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 -1.12% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares surge +1.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.96% upper at present.
During the last 5 trading sessions, LPX rose by +10.69%, which changed the moving average for the period of 200-days by +59.11% in comparison to the 20-day moving average, which settled at $102.55. In addition, Louisiana-Pacific Corp saw 53.18% 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 $98.30 back on Sep 16 ’24. After this action, Gottung Lizanne C now owns 21,005 shares of Louisiana-Pacific Corp, valued at $245,750 using the latest closing price.
LIZANNE GOTTUNG, the Director of Louisiana-Pacific Corp, proposed sale 5,000 shares at $97.92 during a trade that took place back on Sep 16 ’24, which means that LIZANNE GOTTUNG is holding shares at $489,600 based on the most recent closing price.
Stock Fundamentals for LPX
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.28 for the gross margin
The net margin for Louisiana-Pacific Corp stands at 0.14. The total capital return value is set at 0.24. Equity return is now at value 26.33, with 16.83 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 1.77. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 67.62.
Currently, EBITDA for the company is 467.0 million with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 2.62. The receivables turnover for the company is 21.46for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.92.
Conclusion
In conclusion, Louisiana-Pacific Corp (LPX) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
