With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.85 million shares. During the session, the Building Products & Equipment company that operates in wider Industrials sector, reached to the highest price of $83.73 whereas the lowest price it dropped to was $82.56. The 52-week range on LPX shows that it touched its highest point at $84.54 and its lowest point at $49.47 during that stretch. It currently has a 1-year price target of $79.56. With its current market cap of 6.04 billion, LPX has annualized dividend of $0.98 while the current yield stands at 1.17%. Beta for the stock currently stands at 1.84.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LPX was up-trending over the past week, with a rise of 3.72%, but this was up by 15.12% over a month. Three-month performance surged to 17.53% while six-month performance rose 51.78%. The stock gained 51.48% in the past year, while it has gained 18.03% so far this year. A look at the trailing 12-month EPS for LPX yields 2.47 with Next year EPS estimates of 4.77. For the next quarter, that number is 1.09. This implies an EPS growth rate of 28.26% for this year and 15.44% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.98%.
Float and Shares Shorts:
At present, 72.16 million LPX shares are outstanding with a float of 70.87 million shares on hand for trading. On Feb 29, 2024, short shares totaled 2.5 million, which was 3.46% higher than short shares on Jan 31, 2024. In addition to LOPX as the firm’s LOPX, PLX serves as its Protalix BioTherapeutics, Inc..
Institutional Ownership:
Through their ownership of 81.33% of LPX’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LPX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
