Louisiana-Pacific Corp (NYSE: LPX) is 10.97% higher on its value in year-to-date trading and has touched a low of $63.76 and a high of $122.87 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 $115.55 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $114.91, the stock is 7.57% and 3.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -0.55% at the moment leaves the stock 19.11% off its SMA200. LPX registered 70.19% gain for a year compared to 6-month gain of 29.24%. The firm has a 50-day simple moving average (SMA 50) of $111.4956 and a 200-day simple moving average (SMA200) of $96.4728.
The stock witnessed a 1.09% loss in the last 1 month and extending the period to 3 months gives it a 9.85%, and is 9.34% 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 2.65% over the week and 2.82% over the month.
Louisiana-Pacific Corp (LPX) has around 4100 employees, a market worth around $8.07B and $2.92B in sales. Current P/E ratio is 19.78 and Fwd P/E is 20.28. Profit margin for the company is 14.29%. Distance from 52-week low is 80.22% and -6.48% from its 52-week high. The company has generated returns on investments over the last 12 months (20.46%).
with sales reaching $664.42M over the same period.The EPS is expected to grow by 76.08% this year, but quarterly earnings will post 13.10% year-over-year. Quarterly sales are estimated to grow 0.98% in year-over-year returns.
Louisiana-Pacific Corp (LPX) Top Institutional Holders
612.0 institutions hold shares in Louisiana-Pacific Corp (LPX), with institutional investors hold 94.58% of the company’s shares. The shares outstanding are 70.00M, and float is at 69.08M with Short Float at 2.54%. Institutions hold 85.03% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.08 million shares valued at $582.68 million. The investor’s holdings represent 9.8296% of the LPX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.88 million shares valued at $566.76 million to account for 9.5611 of the shares outstanding. The other top investors are BERKSHIRE HATHAWAY INC which holds 5.96 million shares representing 8.2844% and valued at over $491.08 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.765 of the shares totaling 2.71 million with a market value of $223.18 million.
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 Dec 16 ’24 at a price of $113.50 per share for a total of $0.28 million. Following the sale, the insider now owns 18513.0 shares.
Still, SEC filings show that on Nov 12 ’24, HORTON OZEY K JR (Director) disposed off 300 shares at an average price of $113.41 for $34023.0. The insider now directly holds 28,638 shares of Louisiana-Pacific Corp (LPX).
