Louisiana-Pacific Corporation (LPX) Getting Positive Media Coverage, Analysis Shows
News stories about Louisiana-Pacific Corporation (NYSE:LPX) have trended positive on Monday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Louisiana-Pacific Corporation earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Technicals In Focus For SCOMI GROUP BERHAD (7158.KL) Shares (healthcaremenu.net)
- Louisiana-Pacific Corporation (LPX) Rating Increased to Buy at BidaskClub (americanbankingnews.com)
- LOUISIANA PACIFIC : Change in Directors or Principal Officers (form 8-K/A) (4-traders.com)
- Texas Builder and Code Official Discover Code Compliancy and Ease of Installation With LP® FlameBlock® Assembly for Area Separation Walls (finance.yahoo.com)
- LOUISIANA-PACIFIC CORP : Change in Directors or Principal Officers (form 8-K) (4-traders.com)
Louisiana-Pacific Corporation (NYSE:LPX) traded down 0.7356% on Monday, reaching $24.3297. The company’s stock had a trading volume of 2,024,000 shares. The company has a market capitalization of $3.52 billion, a PE ratio of 18.1972 and a beta of 1.40. Louisiana-Pacific Corporation has a one year low of $15.74 and a one year high of $26.93. The firm has a 50-day moving average of $23.54 and a 200-day moving average of $22.72.
Louisiana-Pacific Corporation (NYSE:LPX) last released its quarterly earnings results on Friday, May 5th. The construction company reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The company had revenue of $611 million during the quarter, compared to analyst estimates of $607.21 million. Louisiana-Pacific Corporation had a return on equity of 14.34% and a net margin of 8.31%. The firm’s revenue was up 21.0% on a year-over-year basis. During the same quarter last year, the business posted $0.07 earnings per share. Analysts predict that Louisiana-Pacific Corporation will post $1.68 EPS for the current year.
A number of equities research analysts have recently weighed in on the company. TD Securities reissued a “hold” rating on shares of Louisiana-Pacific Corporation in a research note on Tuesday, May 9th. Royal Bank Of Canada reissued a “buy” rating and issued a $26.00 target price on shares of Louisiana-Pacific Corporation in a research note on Tuesday, April 18th. Buckingham Research lowered Louisiana-Pacific Corporation from a “buy” rating to a “neutral” rating and set a $27.00 target price for the company. in a research note on Wednesday, April 12th. They noted that the move was a valuation call. DA Davidson lowered Louisiana-Pacific Corporation from a “buy” rating to a “neutral” rating in a research note on Monday, May 8th. Finally, ValuEngine raised Louisiana-Pacific Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, May 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. Louisiana-Pacific Corporation currently has an average rating of “Hold” and a consensus price target of $26.40.
About Louisiana-Pacific Corporation
Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.
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