$664.79K in average volume shows that Louisiana-Pacific Corp. (LPX) is heading in the right direction

On Friday, Louisiana-Pacific Corp. (NYSE: LPX) opened higher 1.66% from the last session, before settling in for the closing price of $103.44. Price fluctuations for LPX have ranged from $49.47 to $109.73 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 1.64% over the last five years. Company’s average yearly earnings per share was noted 56.65% at the time writing. With a float of $69.11 million, this company’s outstanding shares have now reached $72.16 million.

The firm has a total of 4100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.04%, operating margin of 20.04%, and the pretax margin is 19.63%.

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 1.66%, while institutional ownership is 93.66%. The most recent insider transaction that took place on Sep 16 ’24, was worth 245,750. In this transaction Director of this company sold 2,500 shares at a rate of $98.30, taking the stock ownership to the 21,005 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 5,000 for $97.92, making the entire transaction worth $489,600.

Louisiana-Pacific Corp. (LPX) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.62 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.53) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 56.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.27% 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 1.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.53. Likewise, its price to free cash flow for the trailing twelve months is 15.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.18, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 5.11 in one year’s time.

Technical Analysis of Louisiana-Pacific Corp. (LPX)

Analysing the last 5-days average volume posted by the [Louisiana-Pacific Corp., LPX], we can find that recorded value of 0.9 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 28.79%. Additionally, its Average True Range was 2.31.

During the past 100 days, Louisiana-Pacific Corp.’s (LPX) raw stochastic average was set at 85.03%, which indicates a significant increase from 35.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.14% in the past 14 days, which was lower than the 27.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $100.08, while its 200-day Moving Average is $85.13. Now, the first resistance to watch is $105.97. This is followed by the second major resistance level at $106.77. The third major resistance level sits at $108.31. If the price goes on to break the first support level at $103.63, it is likely to go to the next support level at $102.09. Should the price break the second support level, the third support level stands at $101.29.

Louisiana-Pacific Corp. (NYSE: LPX) Key Stats

There are currently 71,700K shares outstanding in the company with a market cap of 7.39 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 814,000 K and its income totaled 160,000 K.