Louisiana-Pacific (LPX) Ascends While Market Falls: Some Facts to Note

Louisiana-Pacific (LPX) ended the recent trading session at $103.87, demonstrating a +0.31% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.22% loss on the day. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq lost 0.16%.Coming into today, shares of the home construction supplier had lost 12.06% in the past month. In that same time, the Construction sector lost 12.78%, while the S&P 500 lost 2.36%.The investment community will be closely monitoring the performance of Louisiana-Pacific in its forthcoming earnings report. The company is predicted to post an EPS of $0.69, indicating a 2.82% decline compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $653.85 million, down 0.63% from the year-ago period.Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Louisiana-Pacific. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Louisiana-Pacific is holding a Zacks Rank of #1 (Strong Buy) right now.In the context of valuation, Louisiana-Pacific is at present trading with a Forward P/E ratio of 20.18. This expresses a discount compared to the average Forward P/E of 22.63 of its industry.Also, we should mention that LPX has a PEG ratio of 2.69. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Building Products - Wood industry had an average PEG ratio of 2.69.The Building Products - Wood industry is part of the Construction sector. This group has a Zacks Industry Rank of 63, putting it in the top 26% of all 250+ industries.The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.Just Released: Zacks Top 10 Stocks for 2024Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Louisiana-Pacific Corporation (LPX): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks