Louisiana-Pacific (LPX) Earns Media Impact Rating of 0.16
News stories about Louisiana-Pacific (NYSE:LPX) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Louisiana-Pacific earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 47.0578282812704 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Wiggling Stocks: CVS Health Corporation, (NYSE: CVS), Louisiana-Pacific Corporation, (NYSE: LPX), Molson Coors … – Stocks In The News (press release) (tradingnewsnow.com)
- Bank of New York Mellon : Louisiana-Pacific Co. (LPX) Shares Bought by Bank of New York Mellon Corp (4-traders.com)
- With An ROE Of 23.15%, Has Louisiana-Pacific Corporation’s (LPX) Management Done A Good Job? (finance.yahoo.com)
- ETFs with exposure to Louisiana-Pacific Corp. : November 27, 2017 (finance.yahoo.com)
- Sharing Economy Expert Chip Conley to Keynote Hanley Wood’s HIVE Conference (prweb.com)
Shares of Louisiana-Pacific (NYSE LPX) traded down $0.30 during midday trading on Wednesday, reaching $27.60. The company’s stock had a trading volume of 1,856,700 shares, compared to its average volume of 1,809,530. Louisiana-Pacific has a fifty-two week low of $18.69 and a fifty-two week high of $29.44. The company has a current ratio of 5.25, a quick ratio of 4.31 and a debt-to-equity ratio of 0.24. The company has a market cap of $3,959.39, a P/E ratio of 14.85, a P/E/G ratio of 2.64 and a beta of 1.50.
Louisiana-Pacific (NYSE:LPX) last issued its earnings results on Monday, November 6th. The construction company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.05). Louisiana-Pacific had a return on equity of 20.27% and a net margin of 11.72%. The company had revenue of $718.30 million during the quarter, compared to the consensus estimate of $731.47 million. During the same quarter in the prior year, the business earned $0.32 EPS. The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. equities research analysts predict that Louisiana-Pacific will post 2.07 EPS for the current fiscal year.
Several equities research analysts recently weighed in on LPX shares. Royal Bank Of Canada reissued a “buy” rating and issued a $32.00 price objective on shares of Louisiana-Pacific in a report on Wednesday, September 6th. Stephens started coverage on Louisiana-Pacific in a report on Tuesday, October 24th. They issued an “equal weight” rating and a $30.00 price objective for the company. Zacks Investment Research raised Louisiana-Pacific from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective for the company in a report on Wednesday, October 18th. Longbow Research reissued a “neutral” rating on shares of Louisiana-Pacific in a report on Tuesday, October 10th. Finally, BMO Capital Markets lowered Louisiana-Pacific from a “market perform” rating to an “underperform” rating and lifted their price objective for the stock from $22.00 to $24.00 in a report on Friday, September 29th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $29.67.
In other Louisiana-Pacific news, insider Rebecca Anne Barckley sold 5,128 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $27.00, for a total value of $138,456.00. Following the completion of the transaction, the insider now owns 7,305 shares in the company, valued at approximately $197,235. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Michael Sims sold 5,871 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $27.06, for a total value of $158,869.26. Following the completion of the transaction, the senior vice president now owns 41,523 shares of the company’s stock, valued at approximately $1,123,612.38. The disclosure for this sale can be found here. 1.48% of the stock is owned by company insiders.
Louisiana-Pacific Company Profile
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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