Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Louisiana-Pacific (LPX) Stock Price

News stories about Louisiana-Pacific (NYSE:LPX) have trended somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Louisiana-Pacific earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 46.963503942053 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several equities analysts have recently weighed in on LPX shares. Royal Bank of Canada reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Louisiana-Pacific in a research note on Wednesday, September 6th. Stephens started coverage on Louisiana-Pacific in a research note on Tuesday, October 24th. They issued an “equal weight” rating and a $30.00 price objective on the stock. Zacks Investment Research raised Louisiana-Pacific from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective on the stock in a research note on Wednesday, October 18th. Longbow Research reaffirmed a “neutral” rating on shares of Louisiana-Pacific in a research note on Tuesday, October 10th. Finally, BMO Capital Markets lowered Louisiana-Pacific from a “market perform” rating to an “underperform” rating and lifted their price objective for the company from $22.00 to $24.00 in a research note on Friday, September 29th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. Louisiana-Pacific presently has an average rating of “Hold” and an average price target of $29.67.

Louisiana-Pacific (LPX) traded down $0.23 during trading on Monday, reaching $26.84. The company had a trading volume of 1,248,952 shares, compared to its average volume of 1,808,558. The firm has a market cap of $3,921.73, a price-to-earnings ratio of 14.71, a PEG ratio of 2.60 and a beta of 1.51. The company has a quick ratio of 4.31, a current ratio of 5.25 and a debt-to-equity ratio of 0.24. Louisiana-Pacific has a 12-month low of $18.69 and a 12-month high of $29.44.

Louisiana-Pacific (NYSE:LPX) last released its quarterly earnings results on Monday, November 6th. The construction company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.05). The company had revenue of $718.30 million for the quarter, compared to analyst estimates of $731.47 million. Louisiana-Pacific had a return on equity of 20.27% and a net margin of 11.72%. The business’s revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm posted $0.32 earnings per share. sell-side analysts anticipate that Louisiana-Pacific will post 2.08 earnings per share for the current year.

In related news, insider Rebecca Anne Barckley sold 5,128 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $27.00, for a total transaction of $138,456.00. Following the transaction, the insider now directly owns 7,305 shares of the company’s stock, valued at approximately $197,235. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michael Sims sold 5,871 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $27.06, for a total value of $158,869.26. Following the transaction, the senior vice president now directly owns 41,523 shares in the company, valued at $1,123,612.38. The disclosure for this sale can be found here. Insiders own 1.48% of the company’s stock.

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Louisiana-Pacific Company Profile

Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.

Insider Buying and Selling by Quarter for Louisiana-Pacific (NYSE:LPX)

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