Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Louisiana-Pacific (LPX) Share Price

News stories about Louisiana-Pacific (NYSE:LPX) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Louisiana-Pacific earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 46.1951968201499 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

LPX has been the subject of a number of research analyst reports. Longbow Research reaffirmed a “neutral” rating on shares of Louisiana-Pacific in a report on Tuesday, October 10th. Royal Bank of Canada reiterated a “buy” rating and set a $37.00 target price on shares of Louisiana-Pacific in a research report on Monday, October 30th. BMO Capital Markets downgraded Louisiana-Pacific from a “market perform” rating to an “underperform” rating and increased their target price for the company from $22.00 to $24.00 in a research report on Friday, September 29th. They noted that the move was a valuation call. Zacks Investment Research downgraded Louisiana-Pacific from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Vertical Research upgraded Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $29.50.

Shares of Louisiana-Pacific (LPX) traded down $0.65 on Tuesday, reaching $27.65. The company had a trading volume of 1,470,000 shares, compared to its average volume of 1,650,000. The company has a market capitalization of $4,010.00, a P/E ratio of 13.36, a PEG ratio of 2.92 and a beta of 1.52. Louisiana-Pacific has a 12 month low of $18.69 and a 12 month high of $29.44. The company has a debt-to-equity ratio of 0.24, a quick ratio of 4.31 and a current ratio of 5.25.

Louisiana-Pacific (NYSE:LPX) last issued its quarterly earnings results on Monday, November 6th. The construction company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 earnings per share. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. sell-side analysts anticipate that Louisiana-Pacific will post 2.21 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This piece was reported by BBNS and is owned by of BBNS. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/louisiana-pacific-lpx-receiving-somewhat-favorable-press-coverage-analysis-finds/1821580.html.

About Louisiana-Pacific

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.

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

Receive News & Ratings for Louisiana-Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Louisiana-Pacific and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.