Somewhat Positive Media Coverage Somewhat Unlikely to Impact Louisiana-Pacific (LPX) Stock Price

Media coverage about Louisiana-Pacific (NYSE:LPX) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Louisiana-Pacific earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 47.218953663925 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the media stories that may have effected Accern’s analysis:

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LPX stock traded up $0.54 on Wednesday, hitting $29.85. The company had a trading volume of 1,549,715 shares, compared to its average volume of 1,788,541. Louisiana-Pacific has a 12-month low of $22.07 and a 12-month high of $31.07. The company has a current ratio of 5.03, a quick ratio of 4.07 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $4,110.78, a P/E ratio of 12.81, a P/E/G ratio of 2.16 and a beta of 1.55.

Louisiana-Pacific (NYSE:LPX) last issued its quarterly earnings results on Tuesday, February 13th. The construction company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.15. The business had revenue of $710.60 million for the quarter, compared to analysts’ expectations of $654.26 million. Louisiana-Pacific had a net margin of 14.26% and a return on equity of 24.05%. The company’s revenue was up 29.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS. equities analysts predict that Louisiana-Pacific will post 2.62 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Monday, February 26th were issued a $0.13 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.52 dividend on an annualized basis and a yield of 1.74%. Louisiana-Pacific’s dividend payout ratio is currently 22.32%.

A number of equities analysts have issued reports on LPX shares. Bank of America upgraded Louisiana-Pacific from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 24th. Zacks Investment Research raised shares of Louisiana-Pacific from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Tuesday, January 9th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $39.00 price target on shares of Louisiana-Pacific in a report on Tuesday. Stephens set a $31.00 target price on shares of Louisiana-Pacific and gave the company a “hold” rating in a report on Wednesday, January 10th. Finally, DA Davidson upped their target price on shares of Louisiana-Pacific to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $31.75.

In related news, Director Gary Cook sold 5,000 shares of Louisiana-Pacific stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $28.58, for a total transaction of $142,900.00. Following the completion of the transaction, the director now directly owns 50,026 shares of the company’s stock, valued at approximately $1,429,743.08. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Neil Sherman sold 18,885 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $30.04, for a total transaction of $567,305.40. Following the completion of the sale, the executive vice president now directly owns 62,770 shares of the company’s stock, valued at $1,885,610.80. The disclosure for this sale can be found here. Insiders own 0.50% of the company’s stock.

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Louisiana-Pacific Company Profile

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction applications. It operates through four segments: Siding; North America Oriented Strand Board (OSB); Engineered Wood Products; and South America.

Insider Buying and Selling by Quarter for Louisiana-Pacific (NYSE:LPX)

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