A new trading day began on January 24, 2023, with Louisiana-Pacific Corporation (NYSE: LPX) stock priced at $63.48, down -0.05% from the previous day of trading. During the day, the shares moved up to $65.10 and dropped to $63.28 before settling in for the closing price of $64.11. LPX’s price has ranged from $48.20 to $78.09 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 15.30% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 215.40%. With a float of $70.38 million, this company’s outstanding shares have now reached $74.00 million.
In an organization with 4800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +45.42, operating margin of +40.19, and the pretax margin is +39.42.
Louisiana-Pacific Corporation (LPX) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Building Products & Equipment Industry. The most recent insider transaction that took place on Dec 15, was worth 224,259. In this transaction Director of this company sold 3,587 shares at a rate of $62.52, taking the stock ownership to the 27,470 shares. Before that another transaction happened on May 05, when Company’s Director sold 7,635 for $75.02, making the entire transaction worth $572,778. This insider now owns 31,522 shares in total.
Louisiana-Pacific Corporation (LPX) Performance Highlights and Predictions
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $4.19 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +30.24 while generating a return on equity of 111.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 215.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 68.50% growth over the previous five years of trading.
Louisiana-Pacific Corporation (NYSE: LPX) Trading Performance Indicators
Here are Louisiana-Pacific Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09. Likewise, its price to free cash flow for the trailing twelve months is 5.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.32, a number that is poised to hit 0.54 in the next quarter and is forecasted to reach 3.87 in one year’s time.
Technical Analysis of Louisiana-Pacific Corporation (LPX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.61 million. That was better than the volume of 0.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.40%. Additionally, its Average True Range was 1.87.
During the past 100 days, Louisiana-Pacific Corporation’s (LPX) raw stochastic average was set at 74.87%, which indicates a significant increase from 71.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.03% in the past 14 days, which was lower than the 42.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.29, while its 200-day Moving Average is $60.12. However, in the short run, Louisiana-Pacific Corporation’s stock first resistance to watch stands at $65.03. Second resistance stands at $65.97. The third major resistance level sits at $66.85. If the price goes on to break the first support level at $63.21, it is likely to go to the next support level at $62.33. Assuming the price breaks the second support level, the third support level stands at $61.39.
Louisiana-Pacific Corporation (NYSE: LPX) Key Stats
With a market capitalization of 4.52 billion, the company has a total of 71,695K Shares Outstanding. Currently, annual sales are 4,553 M while annual income is 1,377 M. The company’s previous quarter sales were 852,000 K while its latest quarter income was 226,000 K.