Headlines about Louisiana-Pacific (NYSE:LPX) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Louisiana-Pacific earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 47.6845415119459 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern’s analysis:
- Two Stocks in Concentration: Louisiana-Pacific Corp. (NYSE:LPX), Stanley Black & Decker, Inc. (NYSE:SWK) (oracleexaminer.com)
- Fire damages Louisiana Pacific plant in Sagola (ironmountaindailynews.com)
- Is Louisiana-Pacific Corporation (LPX) Turning to the Corner? (nmsunews.com)
- Head-To-Head Contrast: Norbord (OSB) & Louisiana-Pacific (LPX) (americanbankingnews.com)
- Louisiana-Pacific investing US$45m in Entekra (euwid-wood-products.com)
A number of brokerages recently issued reports on LPX. DA Davidson lifted their target price on Louisiana-Pacific to $33.00 and gave the company a “neutral” rating in a research report on Wednesday, February 14th. BMO Capital Markets set a $25.00 target price on Louisiana-Pacific and gave the company a “sell” rating in a research report on Tuesday, February 13th. Stephens set a $32.00 target price on Louisiana-Pacific and gave the company a “hold” rating in a research report on Tuesday, February 13th. Scotiabank lifted their target price on Louisiana-Pacific from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 14th. Finally, ValuEngine raised Louisiana-Pacific from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, April 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $32.71.
Louisiana-Pacific opened at $28.45 on Monday, Marketbeat reports. The company has a quick ratio of 4.53, a current ratio of 5.92 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 12.21, a P/E/G ratio of 1.95 and a beta of 1.59. Louisiana-Pacific has a twelve month low of $22.07 and a twelve month high of $31.19.
Louisiana-Pacific (NYSE:LPX) last posted its quarterly earnings results on Monday, May 7th. The construction company reported $0.63 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.71 by ($0.08). The company had revenue of $691.30 million during the quarter, compared to the consensus estimate of $702.19 million. Louisiana-Pacific had a net margin of 15.13% and a return on equity of 25.35%. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 earnings per share. research analysts predict that Louisiana-Pacific will post 2.91 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Friday, May 18th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Thursday, May 17th. This represents a $0.52 dividend on an annualized basis and a yield of 1.83%. Louisiana-Pacific’s dividend payout ratio is 22.32%.
In other Louisiana-Pacific news, Director Gary Cook sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $28.58, for a total value of $142,900.00. Following the completion of the transaction, the director now directly owns 50,026 shares in the company, valued at $1,429,743.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.48% of the stock is owned by company insiders.
Louisiana-Pacific Company Profile
Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America.
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