In the latest market close, Louisiana-Pacific (LPX) reached $98.66, with a +0.65% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.33%. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq depreciated by 0.56%. The home construction supplier's stock has dropped by 9.58% in the past month, falling short of the Construction sector's gain of 1.4% and the S&P 500's gain of 1.83%. The investment community will be paying close attent ...

Louisiana-Pacific (LPX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Nov ...

In the latest market close, Louisiana-Pacific (LPX) reached $100.07, with a +0.43% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.92%. Meanwhile, the Dow experienced a drop of 0.96%, and the technology-dominated Nasdaq saw a decrease of 1.6%.The the stock of home construction supplier has fallen by 6.71% in the past month, lagging the Construction sector's loss of 1.67% and the S&P 500's gain of 2.68%.The investment community will be paying close attention to the ear ...

Louisiana-Pacific (LPX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this home construction supplier have returned -0.7%, compared to the Zacks S&P 500 composite's +3.8% change. During this period, the Zacks Building Products - Wood industry, which Louisiana-Pacific falls in, has gained 0.3%. The key question now is: What could be the stock's f ...

Group 1: Berkshire Hathaway's Stock Sales - Berkshire Hathaway sold 11 stocks in Q2 2024, with three stocks rising over 30% since the end of Q2 [1] - The company reduced its position in Liberty Live Group Series A by 1.29%, retaining 4.99 million shares valued at approximately $247.4 million, which have since increased by 32% [4] - Berkshire trimmed its stake in Liberty Live Group Series C by 1.93%, still holding around 10.92 million shares, which have jumped 34% since the end of Q2 [6] - In Q2, Berkshire sold over 633,000 shares of Louisiana-Pacific, representing a 9.6% reduction in its stake, while the stock has risen 31% since then [7][8] Group 2: Future Prospects for Louisiana-Pacific - Louisiana-Pacific's share price may continue to rise due to potential interest rate cuts, as the Federal Reserve recently announced a 0.5% reduction [10][11] - Lower interest rates are expected to correlate with lower mortgage rates, which should stimulate homebuilding and increase demand for Louisiana-Pacific's engineered wood products [11] - The outcome of the November elections could further impact Louisiana-Pacific positively, as proposed incentives by Vice President Kamala Harris may boost new home construction [12]

Louisiana-Pacific (LPX) closed at $106.95 in the latest trading session, marking a -1.16% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.45%. Heading into today, shares of the home construction supplier had gained 16.03% over the past month, outpacing the Construction sector's gain of 8.21% and the S&P 500's gain of 5.41% in that time. The investment commun ...

Louisiana-Pacific (LPX) ended the recent trading session at $106.81, demonstrating a +0.32% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.25%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.56%. Shares of the home construction supplier have appreciated by 8.89% over the course of the past month, outperforming the Construction sector's gain of 3.49% and the S&P 500's gain of 1.65%. Market participants will be closely foll ...

Company Performance - Louisiana-Pacific (LPX) stock closed at $101.54, reflecting a +0.75% change from the previous day, outperforming the S&P 500's loss of 0.29% [1] - Over the past month, LPX shares have increased by 9.15%, surpassing the Construction sector's gain of 6.37% and the S&P 500's gain of 1.57% [1] Earnings Expectations - Analysts anticipate Louisiana-Pacific to report earnings of $0.87 per share, indicating a year-over-year decline of 46.3% [2] - The Zacks Consensus Estimate for revenue is projected at $722.05 million, down 0.82% from the previous year [2] - For the full year, earnings are expected to be $5.04 per share and revenue at $2.93 billion, representing increases of +56.52% and +13.62% respectively from last year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Louisiana-Pacific are crucial as they reflect short-term business dynamics, with positive revisions indicating a favorable business outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Louisiana-Pacific at 3 (Hold) [6] Valuation Metrics - Louisiana-Pacific has a Forward P/E ratio of 20, which is lower than the industry's average Forward P/E of 26.7, suggesting a valuation discount [7] - The company has a PEG ratio of 4.68, compared to the average PEG ratio of 3.49 for Building Products - Wood stocks [8] Industry Context - The Building Products - Wood industry is part of the Construction sector and currently holds a Zacks Industry Rank of 223, placing it in the bottom 12% of over 250 industries [9]

The latest trading session saw Louisiana-Pacific (LPX) ending at $94.79, denoting a +0.57% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.75% for the day. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%. The the stock of home construction supplier has risen by 0.18% in the past month, lagging the Construction sector's gain of 2.7% and the S&P 500's gain of 4.03%. The investment community will be paying close attention to the earn ...

Core Viewpoint - Louisiana-Pacific Corporation (LPX) has significantly outperformed its peers and the broader market over the past six months, driven by growth in residential construction and effective cost control strategies [1][3][19] Group 1: Performance and Market Position - LPX has rallied 30.1% in the past six months, while the Zacks Building Products - Wood industry declined by 10.1% [1] - Compared to other industry players, LPX outperformed UFP Industries (4.1% gain), Boise Cascade (-2.8% loss), and Weyerhaeuser (-12.6% loss) [3] - LPX's stock is trading above its 50-day and 200-day moving averages, indicating a bullish trend and positive market sentiment [10] Group 2: Business Growth Drivers - The Siding business is benefiting from favorable pricing and increased demand for repair and remodeling, supported by new product introductions [2][4] - Volume growth in the ExpertFinish segment is expected to contribute approximately 10% to total siding volume and 14% to siding revenues in 2024 [5] - Adjusted EBITDA surged 158.5% year over year to $411 million in the first half of 2024, with a margin expansion of 1,340 basis points to 26.7% [7] Group 3: Cost Control and Capital Allocation - LPX is effectively balancing business expansion with cost control, aiming to transform into a stable cash-generative business [6] - The company has allocated $115 million for share repurchases and paid $37 million in dividends in the first half of 2024, reflecting a strong capital allocation strategy [9][8] - The trailing 12-month return on equity (ROE) stands at 27.1%, significantly higher than the industry average of 14.3%, indicating efficient use of shareholder funds [18] Group 4: Challenges and Market Outlook - Despite strong performance, LPX faces ongoing cost pressures, including increased mill overhead and rising SG&A expenses, which rose 5.3% year over year to $140 million [15][14] - The Zacks Consensus Estimate for LPX's 2024 earnings per share has declined from $5.79 to $5.05, indicating potential headwinds [17] - Market uncertainties related to the housing sector could impact LPX's near-term and long-term prospects [16]