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Louisiana-Pacific (LPX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-12-28 00:06
In the latest market close, Louisiana-Pacific (LPX) reached $103.39, with a -1.32% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.11%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, lost 1.49%.Coming into today, shares of the home construction supplier had lost 10.18% in the past month. In that same time, the Construction sector lost 10.86%, while the S&P 500 gained 0.4%.The investment community will be paying close attention to t ...
Here's Why Louisiana-Pacific (LPX) Fell More Than Broader Market
ZACKS· 2024-12-27 00:21
Louisiana-Pacific (LPX) ended the recent trading session at $104.77, demonstrating a -0.3% swing from the preceding day's closing price. This change lagged the S&P 500's 0.04% loss on the day. Meanwhile, the Dow experienced a rise of 0.07%, and the technology-dominated Nasdaq saw a decrease of 0.05%.The home construction supplier's shares have seen a decrease of 9.9% over the last month, surpassing the Construction sector's loss of 11.56% and falling behind the S&P 500's gain of 1.05%.The investment communi ...
LPX Climbs 12% in 3 Months: Should You Buy the Stock or Hold Back?
ZACKS· 2024-12-16 16:05
Louisiana-Pacific Corporation (LPX) , or LP’s, share price performance seems to have been gaining over the past three months. During the same time bracket, the company gained 12%, outperforming the Zacks Building Products - Wood industry, Zacks Construction sector and the S&P 500 Index. The detailed price performance is shown in the chart below.Image Source: Zacks Investment ResearchThis American building materials manufacturer’s performance is benefiting from the strategic supply agreement with Lennar, cos ...
Are Construction Stocks Lagging LouisianaPacific (LPX) This Year?
ZACKS· 2024-12-11 15:46
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Louisiana-Pacific (LPX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Louisiana-Pacific is a member of the Construction sector. This group includes 88 in ...
Is LouisianaPacific (LPX) Stock Outpacing Its Construction Peers This Year?
ZACKS· 2024-11-25 15:41
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Louisiana-Pacific (LPX) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Louisiana-Pacific is one of 88 companies in the Construction group. The Construction group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gau ...
Earnings Estimates Moving Higher for Louisiana-Pacific (LPX): Time to Buy?
ZACKS· 2024-11-11 18:20
Investors might want to bet on Louisiana-Pacific (LPX) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this home construction supplier reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correl ...
Is LouisianaPacific (LPX) Outperforming Other Construction Stocks This Year?
ZACKS· 2024-11-08 15:46
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Louisiana-Pacific (LPX) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Louisiana-Pacific is one of 88 individual stocks in the Construction sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measurin ...
Louisiana-Pacific Q3 Earnings & Net Sales Top Estimates, Guidance Up
ZACKS· 2024-11-06 15:10
Louisiana-Pacific Corporation’s (LPX) , or LP, shares gained 7.3% on Tuesday after it reported impressive third-quarter 2024 results. Earnings and net sales beat the respective Zacks Consensus Estimate. Although the metrics decreased on a year-over-year basis, LP outpaced the guidance it previously provided for the quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Backed by the solid execution of its strategy to drive growth, margin, specialization, and efficiency in the third ...
Louisiana-Pacific(LPX) - 2024 Q3 - Quarterly Report
2024-11-05 20:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-7107 LOUISIANA-PACIFIC CORPORATION (Exact name of registrant as specified in its charter) Delaware 93-0609074 (State or other jurisdiction of incorporation or organization)(I ...
Louisiana-Pacific(LPX) - 2024 Q3 - Earnings Call Transcript
2024-11-05 18:36
Louisiana-Pacific Corporation (NYSE:LPX) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Aaron Howald - Vice President, Investor Relations Brad Southern - Chief Executive Officer Alan Haughie - Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs Michael Roxland - Truist Securities Sean Steuart - TD Cowen Steven Ramsey - Thompson Research Group Matthew McKellar - RBC Capital Markets Mark Weintraub - Seaport Research Partners Ketan Mamtora - BM ...