Louisiana-Pacific Corporation (NYSE:LPX) finished Wednesday with an addition of $0.97 to close at $66.73, an upside of 1.48 percent. An average of 1,308,080 shares of common stock have been traded in the last five days. There was a gain of $5.92 in the past week. The last 20 days have seen an average of 1,191,670 shares traded, while the 50-day average volume stands at 1,313,762.
LPX stock has increased by 10.57% in the last month. The company shares reached their 1-month lowest point of $57.83 on 09/21/21. With the stock rallying to its 52-week high on 05/10/21, shares of the company touched a low of $27.01 and a high of $76.35 in 52 weeks. In spite of this, the price is down -12.60% from the 52-week high.
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66 days have passed since Louisiana-Pacific Corporation (LPX) last reported insider trading activity. Doyle Derek Nelson, who is Principal Accounting Officer, most recently acquired $100 shares at $57.00 per share on Aug 09. In this transaction, the insider spent $5,700. Director, Gottung Lizanne C, disposed of 8,139 shares at a price of $67.34 on May 28. The insider now owns more than $548,080 worth of shares. Prior to that, Director Gottung Lizanne C went on to Sale 5,000 shares at $50.00 each on Mar 01. An amount of $250,000 was transacted.
Louisiana-Pacific Corporation (LPX) has a trailing price-to-earnings (P/E) ratio of 5.66, which compares with the 23.80 for the broader industry and 28.57 for the sector. In the last five years, Louisiana-Pacific Corporation’s PE ratio has ranged between 2706.00 and 4.345. The stock’s beta is 1.82. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.61, the price-to-book (PB) ratio at 4.70, and the price-to-cash flow ratio at 5.61.
Louisiana-Pacific Corporation pays a $0.72 dividend per share annually. It offers a dividend yield of 1.08%. The company has a payout ratio of 5.40%. The company’s most recent quarterly dividend payment took place on Sep. 1, and it was $0.18 a share, representing a up of 11.11 from $0.16 last year. Its dividend has been increased for the last 3 consecutive years with the latest increase dividend $0.02 reported on Saturday July 31 2021.
Louisiana-Pacific Corporation will next go ex-dividend on 15-Nov. The next dividend payment Louisiana-Pacific Corporation will make is expected to be $0.18.
The quick ratio of Louisiana-Pacific Corporation for the three months ended June 29 was 2.60, and the current ratio was 3.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.24 and a total debt to equity ratio of 0.00 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 45.70% against a 5-year average of 23.1%. Louisiana-Pacific Corporation’s EBITDA margin for the year ending June 29 is 27.55%, while its operating margin for the same period stands at 40.60%. Its gross profit as reported stood at $867.0 million compared to revenue of $2.79 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Louisiana-Pacific Corporation’s return on assets was 57.10%, compared to 13.1% over the last five years. In the past year, the return on investment has been 32.30%, and the 5-year average is 17.2%. Meanwhile, the return on equity (ROE) for the past 12 months has been 96.10% and the 5-year average holds at 22.0%. For the broader industry, ROE averaged 10.11 over the past year.
The analyst consensus anticipated Louisiana-Pacific Corporation’s latest quarter earnings to come in at $4.33 per share, but it turned out to be $4.74, a 9.50% surprise. For the quarter, EBITDA amounted to $681.0 million. Shareholders own equity worth $95.23 million.
From a technical analysis perspective, let’s take a brief look at Louisiana-Pacific Corporation (LPX) price momentum. RSI 9-day as of the close on 13 October was 69.65%, suggesting the stock is Neutral, with historical volatility in this time frame at 30.75%.
As of today, LPX’s price is $63.98 +9.74% or $5.92 from its 5-day moving average. LPX is currently trading +9.74% higher than its 20-day SMA and +2.43% higher than its 100-day SMA. However, the stock’s current price level is +20.63% above the SMA50 and +78.18% above the SMA200.
The stochastic %K and %D were 85.60% and 76.50%, respectively, and the average true range (ATR) was 2.26. With the 14-day stochastic at 89.83% and the average true range at 2.18, the RSI (14) stands at 64.71%. The stock has reached 2.55 on the 9-day MACD Oscillator while the 14-day reading was at 2.62.
Goldman launched coverage on Louisiana-Pacific Corporation (NYSE: LPX) in its analyst report released on July 15, 2021. The firm assigned the stock a a Sell rating.The consensus rating for Louisiana-Pacific Corporation (LPX) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell LPX, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.
What is LPX’s price target for the next 12 months?
Analysts predict a range of price targets between $54.00 and $100.00, with a median target of $74.00. Taking a look at these predictions, the average price target given by analysts for Louisiana-Pacific Corporation (LPX) stock is $74.56.