Alert: Positive Fundamental Signals (4/26/24)-Louisiana-Pacific Corp (NYSE: LPX)

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Extremely important positive changes in fundamentals have recently occurred for Louisiana-Pacific Corp (NYSE: LPX): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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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 B (Positive). 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 48 but a good Power Rating of 78, and the Positive Value Trend Rating results.

Recent Price Action

Louisiana-Pacific Corp (NYSE: LPX) stock declined slightly by -0.3% on 4/26/24. The stock closed at $74.57. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.5% during the last week.

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