Louisiana-Pacific Corp. (LPX) Stocks Experience Steady decrease to Close at $77.48

Louisiana-Pacific Corp. (NYSE: LPX) closed the day trading at $77.48 down -2.88% from the previous closing price of $79.78. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 1142942 shares were traded.

Ratios:

For a better understanding of LPX, let’s 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 5.77B and an Enterprise Value of 5.92B. As of this moment, Louisiana-Pacific’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.34, and their Forward P/E ratio for the next fiscal year is 16.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 2.30 whereas that against EBITDA is 15.59.

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 74.79, while the 200-Day Moving Average is calculated to be 66.46.

Shares Statistics:

Over the past 3-months, LPX traded about 904.32K shares per day on average, while over the past 10 days, LPX traded about 868.47k shares per day. 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 90.28% stake in the company. Shares short for LPX as of Mar 28, 2024 were 1.19M with a Short Ratio of 1.32, compared to 2.5M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.65% and a Short% of Float of 1.67%.

Dividends & Splits

LPX’s forward annual dividend rate is 0.98, up from 0.96 a year ago. Against a Trailing Annual Dividend Yield of 1.20%, it implies a Forward Annual Dividend Yield of 1.34%. The stock’s 5-year Average Dividend Yield is 1.56. The current Payout Ratio is 38.83% for LPX, which recently paid a dividend on Mar 08, 2024 with an ex-dividend date of Feb 22, 2024. Stock splits for the company last occurred on Jun 09, 1993 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of $1.09 for the current quarter, with a high estimate of $1.19 and a low estimate of $1, while EPS last year was $0.34. The consensus estimate for the next quarter is $1.23, with high estimates of $2.19 and low estimates of $0.95.

Analysts are recommending an EPS of between $6.35 and $3.69 for the fiscal current year, implying an average EPS of $4.19. EPS for the following year is $4.84, with 9 analysts recommending between $5.65 and $3.88.

Revenue Estimates

8 analysts predict $681.71M in revenue for the current quarter. It ranges from a high estimate of $704M to a low estimate of $638.8M. As of the current estimate, Louisiana-Pacific Corp.’s year-ago sales were $584M, an estimated increase of 16.70% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $710.37M, an increase of 6.60% less than the figure of $16.70% in the same quarter last year. There is a high estimate of $833.45M for the next quarter, whereas the lowest estimate is $662M.

A total of 10 analysts have provided revenue estimates for LPX’s current fiscal year. The highest revenue estimate was $3.05B, while the lowest revenue estimate was $2.68B, resulting in an average revenue estimate of $2.77B. In the same quarter a year ago, actual revenue was $2.58B, up 7.20% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.9B in the next fiscal year. The high estimate is $3.1B and the low estimate is $2.77B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.

Most Popular

[the_ad id="945"]