Louisiana-Pacific Corp (NYSE: LPX) has recently enjoyed extremely important positive changes in investment behavior: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.
Louisiana-Pacific Corp (NYSE: LPX). Small positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LPX is expected to continue to be an important Value Builder.
Louisiana-Pacific has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Louisiana-Pacific has a neutral Appreciation Score of 44 and a neutral Power Rating of 51, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
On 12/4/23, Louisiana-Pacific Corp (NYSE: LPX) stock rose modestly by 0.8%, closing at $63.60. However, unusually low trading volume at 56% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.5% during the last week.
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