Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Louisiana-Pacific Corp. the EPS stands at 0.23 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.19, suggesting the stock exceeded the analysts' expectations. RBC Capital Markets upgraded the stock to "Top Pick" rating in Wednesday, November 4 report.
Investors and Traders continue to monitor technical levels of shares of Louisiana-Pacific Corporation (LPX).
Louisiana-Pacific Corporation (NYSE:LPX)'s revenue estimates for the current quarter are $705.18M according to 7 number of analysts, for the current quarter the company has high revenue estimates of $729M in contradiction of low revenue estimates of $684.1M. Louisiana-Pacific had a return on equity of 11.56% and a net margin of 6.71%.
Louisiana-Pacific Corporation was downgraded to "neutral" by analysts at D.A. Davidson. However a year ago for the same quarter the company has reported $0.07 EPS. If you are reading this story on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright and trademark legislation. If you are accessing this news story on another website, it was illegally copied and reposted in violation of USA & worldwide copyright and trademark legislation.
Louisiana-Pacific Corporation (NYSE:LPX) shares slumped -3.61% to $24.29 on Friday.
LPX has been the topic of a number of other reports.
Australia hits banks with higher taxes to bring budget back into black
No doubt anticipating such a reaction, the government designed the tax so it would not apply to most household deposits. To read this article in one of Houston's most-spoken languages, click on the button below.
For this year, Louisiana-Pacific Corporation (NYSE:LPX) is performing 27.95%. They noted that the move was a valuation call.
While taking an overview of recommendation trends, the stock now has an average brokerage recommendation of 2.17 ABR value is precisely based on brokerage recommendations, where out of 6 brokerage recommendations 3 rate Louisiana-Pacific Corporation (NYSE:LPX) stock a Strong Buy, 0 rate the stocks of the company a Buy, 2 rate Hold, 1 rate Sell and 0 recommend a Strong Sell. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has "Underperform" rating given on Wednesday, December 7 by Bank of America. "His deep experience and familiarity with LP, together with his expansive knowledge of all aspects of the building products business, make him well suited to lead LP into a promising future".
03/17/2016 - Louisiana-Pacific Corporation was downgraded to "hold" by analysts at Vertical Research. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. The company now has an average rating of "Buy" and a consensus target price of $25.20. The stock closing price is now trading downward to its 50 day moving average with change of -1.97%, tumbled to its 20 day moving average with figure of -6.08% and above its 200 day moving average with value 16.20%. Shares are trading 3.44% above their 50-day moving average, and 0.27% below their 200-day moving average. The company has market cap of $2.37 billion.
Highbridge Capital Management LLC reduced its position in shares of Louisiana-Pacific Co. In the last three months, insiders have sold 146,918 shares of company stock worth $3,371,067.
Over the past five trading sessions shares of Foot Locker, Inc. LS Investment Advisors LLC now owns 9,141 shares of the construction company's stock worth $172,000 after buying an additional 493 shares during the period. Norges Bank purchased a new position in Louisiana-Pacific during the fourth quarter valued at about $18,780,000. Two Sigma Investments LP boosted its stake in shares of Louisiana-Pacific by 2,253.6% in the fourth quarter. Institutional investors own 97.29% of the company's stock. Also, SVP Michael Sims sold 6,685 shares of the company's stock in a transaction that occurred on Thursday, February 16th.
On 2/10/2017 Curtis M Stevens, CEO, sold 110,419 with an average share price of $22.58 per share and the total transaction amounting to $2,493,261.02. Following the transaction, the senior vice president now directly owns 40,127 shares in the company, valued at $981,105.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Following the completion of the transaction, the director now directly owns 43,075 shares in the company, valued at approximately $982,110. The disclosure for this sale can be found here. Louisiana-Pacific's products include oriented strand board sheathing, flooring, radiant barrier panels, siding and trim, I-joists, laminated veneer lumber, laminated strand lumber and interior decorative moulding.
Comments