Louisiana-Pacific Corp (NYSE: LPX) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Meaningful positive changes in fundamentals have recently occurred for Louisiana-Pacific Corp (NYSE: LPX): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
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
LPX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Louisiana-Pacific has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Louisiana-Pacific has a neutral Appreciation Score of 45 but a good Power Rating of 70, leading to the High Neutral Value Trend Rating.
Recent Price Action
On 4/9/24, Louisiana-Pacific Corp (NYSE: LPX) stock increased 1.2%, closing at $79.78. However, trading volume in this advance was below average at 82% of normal. Relative to the market the stock has been strong over the last nine months but has declined -4.2% during the last week.
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