Company Performance - Louisiana-Pacific (LPX) shares decreased by 2.5% to $89.48, underperforming the S&P 500's daily loss of 0.79% [1] - Over the past month, LPX shares appreciated by 0.07%, lagging behind the Construction sector's gain of 5.56% and the S&P 500's gain of 5.22% [1] Earnings Projections - The upcoming EPS for Louisiana-Pacific is projected at $1.08, indicating a 48.33% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $747.25 million, down 8.2% from the previous year [2] - For the full year, analysts expect earnings of $4.24 per share and revenue of $2.93 billion, reflecting changes of -27.89% and -0.49% respectively from last year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Louisiana-Pacific are crucial as they reflect short-term business dynamics [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Louisiana-Pacific at 3 (Hold) [6] - Over the past month, there has been a 3.31% decline in the Zacks Consensus EPS estimate [6] Valuation Metrics - Louisiana-Pacific is trading at a Forward P/E ratio of 21.67, which is lower than the industry average Forward P/E of 28.22 [7] - The company has a PEG ratio of 1.41, compared to the Building Products - Wood industry's average PEG ratio of 2.49 [7] Industry Overview - The Building Products - Wood industry is part of the Construction sector and holds a Zacks Industry Rank of 90, placing it in the top 37% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Why Louisiana-Pacific (LPX) Dipped More Than Broader Market Today