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]
Louisiana-Pacific (LPX) Advances While Market Declines: Some Information for Investors