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Friday, February 3, 2023

An Evaluation Of Louisiana-Pacific Corporation (NYSE: LPX) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Louisiana-Pacific Corporation (LPX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.15, or 0.23%, to $64.54. The Louisiana-Pacific Corporation has recorded 6,718 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed LP Foundation Makes Donation to Thomasville Regional Medical Center.

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Stocks Info

LPX belongs to the Industrials sector of the NYSE while operating in the Building Products & Equipment industry. At the end of the last regular session, the stock closed at $64.39 and fluctuated between $65.83 as its day high and $63.87 as its day low. The current market capitalization of Louisiana-Pacific Corporation is $4.73B. A total of 0.8 million shares were traded on the day, compared to an average of 1.09M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, LPX has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 7,369 shares. Over the last 12 months, there were 30 BUYs and 37 SELLs from insiders. Insiders purchased 250,651 shares during that period but sold 161,421.

In the most recent transaction, Gottung Lizanne C sold 7,635 shares of LPX for 75.02 per share on May 05. After the transaction, the Director now owns 31,522 company shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Louisiana-Pacific Corporation pays an annual dividend of $0.88, resulting in a dividend yield of 1.37%, and it has a price to earnings (P/E) ratio of 4.83. LPX’s most recent ex-dividend date was 11/8/2022 when it declared a $0.22 quarterly dividend that was paid in cash on 12/1/2022. Previously, the company paid the dividend on 9/1/2022 with an ex-dividend date of 8/17/2022. The LPX stock dividend was $0.22 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for LPX in the last 3 months, the mean price target is $66.67 with high estimates of $82.00 and low estimates of $51.00. In terms of 52-week highs and lows, LPX has a high of $79.77 and a low of $48.20.

As of this writing, LPX has an earnings estimate of $1.53 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.88 per share and a lower estimate of $1.2. The company reported an EPS of $5.08 in the last quarter, which was 10.00% higher than expectations of $4.62.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LPX is Hold with a score of 4.00. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 2 thought the stock was Underweight and 0 thought it should be Sold.

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