Louisiana-Pacific Corporation (NYSE:LPX) previous close was $31.83 while the outstanding shares total 112.00M. The firm has a beta of 1.81, a 12-month trailing P/E ratio of 189.69, and a growth ratio of 37.94. LPX’s shares traded lower over the last trading session, losing -2.86% on 10/13/20. The shares fell to a low of $30.85 before closing at $30.92. Intraday shares traded counted 0.97 million, which was 27.43% higher than its 30-day average trading volume of 1.34M. The stock’s Relative Strength Index (RSI) is 49.46, with weekly volatility at 3.33% and ATR at 1.14. The LPX stock’s 52-week price range has touched low of $12.97 and a $34.35 high.
Investors have identified the Building Products & Equipment company Louisiana-Pacific Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.50 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Louisiana-Pacific Corporation (LPX) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 689000000 million total, with 219000000 million as their total liabilities.
LPX were able to record 81.0 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 64.0 million. In cash movements, the company had a total of 120.0 million as operating cash flow.
Potential earnings growth for Louisiana-Pacific Corporation (LPX)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Louisiana-Pacific Corporation recorded a total of 548.0 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -7.3% coming in sequential stages and their sales for the third quarter reducing by -6.75%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 431.0 million trying to sell their products during the last quarter, with the result yielding a gross income of 117.0 million. This allows shareholders to hold on to 112.00M with the revenue now reading 0.28 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.18 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.37 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LPX sounds very interesting.
Is the stock of LPX attractive?
In related news, Director, LANDGRAF KURT M sold 29,352 shares of the company’s stock in a transaction that recorded on Aug 06. The sale was performed at an average price of 30.60, for a total value of 898,171. As the sale deal closes, the Director, LANDGRAF KURT M now sold 29,352 shares of the company’s stock, valued at 898,171. Also, Director, COOK GARY sold 4,000 shares of the company’s stock in a deal that was recorded on May 17. The shares were price at an average price of 21.29 per share, with a total market value of 85,160. Following this completion of acquisition, the Director, Macadam Stephen E. now holds 5,000 shares of the company’s stock, valued at 104,800. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
5 out of 10 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Louisiana-Pacific Corporation. 1 analysts has assigned a Sell rating on the LPX stock. The 12-month mean consensus price target for the company’s shares has been set at $36.63.