Stock Rating Upgrade
The Value Trend Rating for Louisiana-Pacific Corp (NYSE: LPX) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 6/21/24, Louisiana-Pacific Corp (NYSE: LPX) stock declined slightly by -0.8%, closing at $85.91. Moreover, this decline was accompanied by above average trading volume at 128% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -8.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LPX is expected to continue to be an important Value Builder.
Louisiana-Pacific has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. 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 42 but a good Power Rating of 81, with the Positive Value Trend Rating the result.
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