Louisiana-Pacific(US:LPX) ZACKSยท2024-06-27 23:06Company Overview - Louisiana-Pacific's upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $2.02, indicating a 267.27% increase year-over-year [1] - Revenue is estimated at $814.05 million, reflecting a 33.23% increase from the same quarter last year [1] - For the full year, analysts expect earnings of $5.79 per share and revenue of $3.02 billion, marking changes of +79.81% and +17.03% respectively from the previous year [10] Valuation Metrics - Louisiana-Pacific has a PEG ratio of 10.74, compared to the Building Products - Wood industry's average PEG ratio of 6.91 [3] - The company holds a Forward P/E ratio of 14.28, which is significantly lower than the industry average Forward P/E of 28.02, indicating it is trading at a discount [7] Stock Performance - Over the last month, Louisiana-Pacific's shares have decreased by 6.98%, underperforming the Construction sector's loss of 5% and the S&P 500's gain of 3.38% [5] - The most recent trading session closed with Louisiana-Pacific at $82.39, reflecting a -0.34% change from the previous day's closing [9] Analyst Sentiment - Recent revisions to analyst forecasts for Louisiana-Pacific are crucial, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [6] - The company currently holds a Zacks Rank of 1 (Strong Buy), with a notable track record of outperforming, as stocks rated 1 have produced an average annual return of +25% since 1988 [11] Industry Context - The Building Products - Wood industry, part of the Construction sector, currently ranks 162 in the Zacks Industry Rank, placing it in the bottom 36% of over 250 industries [12] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]