For its third fiscal quarter (ending September 30), Louisiana-Pacific Corp (NYSE: LPX) has reported a -21% decline in E.P.S. from $1.63 a year ago to $1.28 in the current quarter. E.P.S. were $5.82 for the latest four quarters through September 30 versus $1.51 for the same period a year ago — an increase of 285%.
Recent Price Action
Louisiana-Pacific Corp (NYSE: LPX) stock closed at $108.50 on 11/5/24 after a very large increase of 7.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 232% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.2% 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 C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Louisiana-Pacific has a slightly negative Appreciation Score of 39 but a good Power Rating of 78, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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