Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $72.75 in the prior trading day, Louisiana-Pacific Corp. (NYSE: LPX) closed at $72.02, down -1.00%. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 0.79 million shares were traded. LPX stock price reached its highest trading level at $73.7 during the session, while it also had its lowest trading level at $71.83.
Ratios:
Our goal is to gain a better understanding of LPX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 3.00. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
On September 20, 2023, TD Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $78.
DA Davidson Upgraded its Neutral to Buy on August 23, 2023, while the target price for the stock was maintained at $76.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Gottung Lizanne C sold 2,500 shares for $77.58 per share. The transaction valued at 193,955 led to the insider holds 25,995 shares of the business.
Blosser Michael W sold 4,060 shares of LPX for $272,020 on Dec 14 ’23. The SVP, Manufacturing Services now owns 49,858 shares after completing the transaction at $67.00 per share. On Dec 14 ’23, another insider, Gottung Lizanne C, who serves as the Director of the company, sold 3,313 shares for $67.00 each. As a result, the insider received 221,971 and left with 28,495 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPX now has a Market Capitalization of 5207859200 and an Enterprise Value of 5359561728. As of this moment, Louisiana-Pacific’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.13, and their Forward P/E ratio for the next fiscal year is 14.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 3.34. Its current Enterprise Value per Revenue stands at 2.077 whereas that against EBITDA is 11.626.
Stock Price History:
Over the past 52 weeks, LPX has reached a high of $84.54, while it has fallen to a 52-week low of $49.47. The 50-Day Moving Average of the stock is -4.78%, while the 200-Day Moving Average is calculated to be 8.27%.
Shares Statistics:
The stock has traded on average 939.68K shares per day over the past 3-months and 891530 shares per day over the last 10 days, according to various share statistics. A total of 72.16M shares are outstanding, with a floating share count of 71.02M. Insiders hold about 1.71% of the company’s shares, while institutions hold 90.37% stake in the company. Shares short for LPX as of 1711584000 were 1192763 with a Short Ratio of 1.27, compared to 1709164800 on 2496393. Therefore, it implies a Short% of Shares Outstanding of 1192763 and a Short% of Float of 1.67.
Dividends & Splits
In the trailing 12 months, LPX’s forward annual dividend rate was 0.96, compared to 0.98 this year. The stock’s 5-year Average Dividend Yield is 1.56.
Earnings Estimates
The current assessment of Louisiana-Pacific Corp. (LPX) involves the perspectives of LOPX analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $202.08, with high estimates of $39.46 and low estimates of $1.13.
Analysts are recommending an EPS of between $Energy and $Healthcare for the fiscal current year, implying an average EPS of $Industrials.
