Louisiana-Pacific (LPX) Getting Somewhat Positive News Coverage, Report Shows

News articles about Louisiana-Pacific (NYSE:LPX) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Louisiana-Pacific earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 46.963503942053 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Louisiana-Pacific (NYSE LPX) traded down $0.28 on Wednesday, reaching $26.10. The company’s stock had a trading volume of 1,117,900 shares, compared to its average volume of 1,808,835. Louisiana-Pacific has a fifty-two week low of $18.69 and a fifty-two week high of $29.44. The company has a current ratio of 5.25, a quick ratio of 4.31 and a debt-to-equity ratio of 0.24. The firm has a market cap of $3,780.00, a PE ratio of 12.61, a PEG ratio of 2.53 and a beta of 1.51.

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

A number of equities analysts have recently commented on LPX shares. Longbow Research reissued a “neutral” rating on shares of Louisiana-Pacific in a report on Tuesday, October 10th. Royal Bank of Canada reissued a “buy” rating and set a $37.00 price target on shares of Louisiana-Pacific in a report on Monday, October 30th. BMO Capital Markets cut Louisiana-Pacific from a “market perform” rating to an “underperform” rating and boosted their price target for the stock from $22.00 to $24.00 in a report on Friday, September 29th. They noted that the move was a valuation call. Zacks Investment Research cut Louisiana-Pacific from a “strong-buy” rating to a “hold” rating in a report on Friday, November 10th. Finally, Vertical Research raised Louisiana-Pacific from a “hold” rating to a “buy” rating in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $29.67.

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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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