On Tuesday, Louisiana-Pacific Corp. (NYSE: LPX) opened higher 0.90% from the last session, before settling in for the closing price of $73.23. Price fluctuations for LPX have ranged from $49.47 to $84.54 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 1.64%. Company’s average yearly earnings per share was noted 55.36% at the time writing. With a float of $71.02 million, this company’s outstanding shares have now reached $72.16 million.
Let’s determine the extent of company efficiency that accounts for 4100 employees.
Louisiana-Pacific Corp. (LPX) Insider Activity
A key investor’s attitude towards the stock of the Building Products & Equipment industry is another important factor to consider. The insider ownership of Louisiana-Pacific Corp. is 1.71%, while institutional ownership is 90.57%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.34 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.05) by 0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.36% 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
Check out the current performance indicators for Louisiana-Pacific Corp. (LPX). In the past quarter, the stock posted a quick ratio of 1.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.47, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.02 in one year’s time.
Technical Analysis of Louisiana-Pacific Corp. (LPX)
Looking closely at Louisiana-Pacific Corp. (NYSE: LPX), its last 5-days average volume was 0.88 million, which is a drop from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 21.88%. Additionally, its Average True Range was 1.93.
During the past 100 days, Louisiana-Pacific Corp.’s (LPX) raw stochastic average was set at 55.94%, which indicates a significant increase from 20.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.03% in the past 14 days, which was lower than the 30.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.04, while its 200-day Moving Average is $66.52. However, in the short run, Louisiana-Pacific Corp.’s stock first resistance to watch stands at $74.56. Second resistance stands at $75.23. The third major resistance level sits at $76.13. If the price goes on to break the first support level at $73.00, it is likely to go to the next support level at $72.10. Should the price break the second support level, the third support level stands at $71.43.
Louisiana-Pacific Corp. (NYSE: LPX) Key Stats
There are currently 72,311K shares outstanding in the company with a market cap of 5.34 billion. Presently, the company’s annual sales total 2,581 M according to its annual income of 178,000 K. Last quarter, the company’s sales amounted to 658,000 K and its income totaled 59,000 K.
