Louisiana-Pacific Corp (NYSE: LPX) is -9.52% lower on its value in year-to-date trading and has touched a low of $71.39 and a high of $122.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LPX stock was last observed hovering at around $91.18 in the last trading session, with the day’s gains setting it 2.51%.
Currently trading at $93.69, the stock is 1.19% and -8.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 2.75% at the moment leaves the stock -7.70% off its SMA200. LPX registered 12.51% gain for a year compared to 6-month loss of -12.81%. The firm has a 50-day simple moving average (SMA 50) of $102.5694 and a 200-day simple moving average (SMA200) of $101.50915.
The stock witnessed a -1.58% gain in the last 1 month and extending the period to 3 months gives it a -9.42%, and is -1.13% 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 2.96% over the week and 2.79% over the month.
Louisiana-Pacific Corp (LPX) has around 4300 employees, a market worth around $6.53B and $2.94B in sales. Current P/E ratio is 15.91 and Fwd P/E is 15.57. Profit margin for the company is 14.31%. Distance from 52-week low is 31.24% and -23.75% from its 52-week high. The company has generated returns on investments over the last 12 months (20.61%).
The EPS is expected to shrink by -6.85% this year
661.0 institutions hold shares in Louisiana-Pacific Corp (LPX), with institutional investors hold 94.11% of the company’s shares. The shares outstanding are 70.00M, and float is at 68.46M with Short Float at 3.10%. Institutions hold 85.02% 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).
