In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Louisiana-Pacific Corp (NYSE: LPX) closed the day trading at $101.50 down -10.13% from the previous closing price of $112.94. In other words, the price has decreased by -$10.13 from its previous closing price. On the day, 2.33 million shares were traded.
Ratios:
For a better understanding of LPX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 2.92. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.22.
On June 17, 2024, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $89 to $81.
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 Dec 16 ’24 when Gottung Lizanne C sold 2,500 shares for $113.50 per share. The transaction valued at 283,738 led to the insider holds 18,513 shares of the business.
LIZANNE GOTTUNG bought 2,500 shares of LPX for $282,075 on Dec 16 ’24. On Nov 12 ’24, another insider, HORTON OZEY K JR, who serves as the Director of the company, sold 300 shares for $113.41 each. As a result, the insider received 34,023 and left with 28,638 shares of the company.
Valuation Measures:
As of this moment, Louisiana-Pacific’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.47, and their Forward P/E ratio for the next fiscal year is 15.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 4.26.
Stock Price History:
Over the past 52 weeks, LPX has reached a high of $122.87, while it has fallen to a 52-week low of $66.77. The 50-Day Moving Average of the stock is -9.20%, while the 200-Day Moving Average is calculated to be 0.94%.
Shares Statistics:
A total of 70.00M shares are outstanding, with a floating share count of 68.99M. Insiders hold about 1.78% of the company’s shares, while institutions hold 91.76% stake in the company.