We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Louisiana-Pacific (LPX) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
Louisiana-Pacific (LPX - Free Report) closed at $58.83 in the latest trading session, marking a -0.86% move from the prior day. This change lagged the S&P 500's 0.08% loss on the day.
Prior to today's trading, shares of the home construction supplier had lost 0.03% over the past month. This has was narrower than the Construction sector's loss of 3.79% and the S&P 500's loss of 1.81% in that time.
Investors will be hoping for strength from LPX as it approaches its next earnings release. The company is expected to report EPS of $3.67, up 135.26% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.06 billion, up 33.71% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $13.59 per share and revenue of $4.21 billion, which would represent changes of +215.31% and +50.97%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for LPX. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.68% higher. LPX is currently a Zacks Rank #3 (Hold).
Looking at its valuation, LPX is holding a Forward P/E ratio of 4.37. This valuation marks a discount compared to its industry's average Forward P/E of 12.16.
The Building Products - Wood industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Louisiana-Pacific (LPX) Dips More Than Broader Markets: What You Should Know
Louisiana-Pacific (LPX - Free Report) closed at $58.83 in the latest trading session, marking a -0.86% move from the prior day. This change lagged the S&P 500's 0.08% loss on the day.
Prior to today's trading, shares of the home construction supplier had lost 0.03% over the past month. This has was narrower than the Construction sector's loss of 3.79% and the S&P 500's loss of 1.81% in that time.
Investors will be hoping for strength from LPX as it approaches its next earnings release. The company is expected to report EPS of $3.67, up 135.26% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.06 billion, up 33.71% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $13.59 per share and revenue of $4.21 billion, which would represent changes of +215.31% and +50.97%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for LPX. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.68% higher. LPX is currently a Zacks Rank #3 (Hold).
Looking at its valuation, LPX is holding a Forward P/E ratio of 4.37. This valuation marks a discount compared to its industry's average Forward P/E of 12.16.
The Building Products - Wood industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.