Louisiana-Pacific Corp. (NYSE: LPX) is 35.25% higher on its value in year-to-date trading and has touched a low of $49.47 and a high of $101.89 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 $94.91 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $95.80, the stock is 3.70% and 7.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 0.94% at the moment leaves the stock 27.11% off its SMA200. LPX registered 50.04% gain for a year compared to 6-month gain of 43.84%.
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The stock witnessed a 18.45% loss in the last 1 month and extending the period to 3 months gives it a 8.69%, and is -0.95% down 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 4.98% over the week and 3.59% over the month.
Louisiana-Pacific Corp. (LPX) has around 4100 employees, a market worth around $6.87B and $2.92B in sales. Current P/E ratio is 15.50 and Fwd P/E is 18.52. Profit margin for the company is 15.22%. Distance from 52-week low is 93.65% and -5.98% from its 52-week high. The company has generated returns on investments over the last 12 months (21.94%).
The EPS is expected to grow by 56.61% this year
The shares outstanding are 72.16M, and float is at 70.40M with Short Float at 4.42%.
Louisiana-Pacific Corp. (LPX) Insider Activity
Louisiana-Pacific Corp. disclosed in a document filed with the SEC on Jun 17 ’24 that Gottung Lizanne C (Director) sold a total of 3,591 shares of the company’s common stock. The trade occurred on Jun 17 ’24 and was made at $89.18 per share for $0.32 million. Following the transaction, the insider now directly holds 23501.0 shares of the LPX stock.
Still, SEC filings show that on May 15 ’24, Blosser Michael W (SVP, Manufacturing Services) disposed off 3,661 shares at an average price of $91.54 for $0.34 million. The insider now directly holds 54,898 shares of Louisiana-Pacific Corp. (LPX).
