Ready to Jump After Recent Trade: Louisiana-Pacific Corp. (LPX)

With 1.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.06 million shares. During the session, the Building Products & Equipment company that operates in wider Industrials sector, reached to the highest price of $92.37 whereas the lowest price it dropped to was $90.49. The 52-week range on LPX shows that it touched its highest point at $90.03 and its lowest point at $49.47 during that stretch. It currently has a 1-year price target of $90.92. With its current market cap of 6.60 billion, LPX has annualized dividend of $0.74 while the current yield stands at 0.80%. LPX paid its most recent dividend on 1708560000, while the ex-dividend date for that was 1708560000. Beta for the stock currently stands at 1.91.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 4.42%, but this was up by 26.10% over a month. Three-month performance surged to 31.24% while six-month performance rose 58.83%. The stock gained 44.40% in the past year, while it has gained 29.94% so far this year. A look at the trailing 12-month EPS for LPX yields 3.68 with Next year EPS estimates of 5.23. For the next quarter, that number is 2.05. This implies an EPS growth rate of 78.73% for this year and -9.15% 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 70.44 million shares on hand for trading. On 2024-04-30, short shares totaled 0.94 million, which was 129.99999 higher than short shares on 1711584000. In addition to Mr. William Bradley Southern as the firm’s Chairman & CEO, Mr. Alan J. M. Haughie serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.80444 of LPX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, LPX reported revenue of $724000000.0 and operating income of $148000000.0. The EBITDA in the recently reported quarter was $178000000.0 and diluted EPS was $1.48.

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.