Louisiana-Pacific Corp. (NYSE: LPX) is 22.79% higher on its value in year-to-date trading and has touched a low of $49.47 and a high of $88.16 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LPX stock was last observed hovering at around $88.14 in the last trading session, with the day’s loss setting it -1.17%.
Currently trading at $86.97, the stock is 16.36% and 12.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.51 million and changing -1.33% at the moment leaves the stock 30.92% off its SMA200. LPX registered 36.49% gain for a year compared to 6-month gain of 48.16%.
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The stock witnessed a 12.25% loss in the last 1 month and extending the period to 3 months gives it a 25.82%, and is 17.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.98% over the week and 2.80% over the month.
Louisiana-Pacific Corp. (LPX) has around 4100 employees, a market worth around $6.28B and $2.72B in sales. Current P/E ratio is 23.63 and Fwd P/E is 16.63. Profit margin for the company is 9.74%. Distance from 52-week low is 75.80% and -1.35% from its 52-week high. The company has generated returns on investments over the last 12 months (13.32%).
The EPS is expected to grow by 78.73% this year
The shares outstanding are 72.16M, and float is at 71.02M with Short Float at 1.77%.
Louisiana-Pacific Corp. (LPX) Insider Activity
The most recent transaction is an insider sale by Gottung Lizanne C, the company’s Director. SEC filings show that Gottung Lizanne C sold 2,500 shares of the company’s common stock on Mar 15 ’24 at a price of $77.58 per share for a total of $0.19 million. Following the sale, the insider now owns 25995.0 shares.
Louisiana-Pacific Corp. disclosed in a document filed with the SEC on Dec 14 ’23 that Blosser Michael W (SVP, Manufacturing Services) sold a total of 4,060 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $67.00 per share for $0.27 million. Following the transaction, the insider now directly holds 49858.0 shares of the LPX stock.
Still, SEC filings show that on Dec 14 ’23, Gottung Lizanne C (Director) disposed off 3,313 shares at an average price of $67.00 for $0.22 million. The insider now directly holds 28,495 shares of Louisiana-Pacific Corp. (LPX).
