Louisiana-Pacific Corp. (NYSE: LPX) on Tuesday, plunged -3.03% from the previous trading day, before settling in for the closing price of $75.27. Within the past 52 weeks, LPX’s price has moved between $49.47 and $84.54.
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Annual sales at Industrials sector company grew by 1.64% over the past five years. The company achieved an average annual earnings per share of 40.46%. With a float of $71.02 million, this company’s outstanding shares have now reached $72.16 million.
Let’s look at the performance matrix of the company that is accounted for 4100 employees.
Louisiana-Pacific Corp. (LPX) Insider Updates
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of Louisiana-Pacific Corp. is 1.71%, while institutional ownership is 90.36%. The most recent insider transaction that took place on Mar 15 ’24, was worth 193,955. In this transaction Director of this company sold 2,500 shares at a rate of $77.58, taking the stock ownership to the 25,995 shares. Before that another transaction happened on Dec 14 ’23, when Company’s SVP, Manufacturing Services sold 4,060 for $67.00, making the entire transaction worth $272,020. This insider now owns 49,858 shares in total.
Louisiana-Pacific Corp. (LPX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 40.46% 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 -1.98% drop over the previous five years of trading.
Louisiana-Pacific Corp. (NYSE: LPX) Trading Performance Indicators
Louisiana-Pacific Corp. (LPX) is currently performing well based on its current performance indicators. A quick ratio of 1.54 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.47, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 4.83 in one year’s time.
Technical Analysis of Louisiana-Pacific Corp. (LPX)
Louisiana-Pacific Corp. (NYSE: LPX) saw its 5-day average volume 0.93 million, a positive change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 5.86%. Additionally, its Average True Range was 2.07.
During the past 100 days, Louisiana-Pacific Corp.’s (LPX) raw stochastic average was set at 52.93%, which indicates a significant increase from 0.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.72% in the past 14 days, which was lower than the 30.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.49, while its 200-day Moving Average is $66.53. Nevertheless, the first resistance level for the watch stands at $74.00 in the near term. At $75.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $75.54. If the price goes on to break the first support level at $72.46, it is likely to go to the next support level at $71.94. Assuming the price breaks the second support level, the third support level stands at $70.92.
Louisiana-Pacific Corp. (NYSE: LPX) Key Stats
Market capitalization of the company is 5.27 billion based on 72,311K outstanding shares. Right now, sales total 2,581 M and income totals 178,000 K. The company made 658,000 K in profit during its latest quarter, and 59,000 K in sales during its previous quarter.
