Louisiana-Pacific (LPX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the latest market close, Louisiana-Pacific (LPX) reached $103.39, with a -1.32% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 1.11%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, lost 1.49%.Coming into today, shares of the home construction supplier had lost 10.18% in the past month. In that same time, the Construction sector lost 10.86%, while the S&P 500 gained 0.4%.The investment community will be paying close attention to the earnings performance of Louisiana-Pacific in its upcoming release. In that report, analysts expect Louisiana-Pacific to post earnings of $0.69 per share. This would mark a year-over-year decline of 2.82%. Our most recent consensus estimate is calling for quarterly revenue of $653.85 million, down 0.63% from the year-ago period.For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.54 per share and a revenue of $2.91 billion, representing changes of +72.05% and +12.7%, respectively, from the prior year.Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Louisiana-Pacific. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Louisiana-Pacific presently features a Zacks Rank of #1 (Strong Buy).Digging into valuation, Louisiana-Pacific currently has a Forward P/E ratio of 18.93. This signifies a discount in comparison to the average Forward P/E of 23.18 for its industry.One should further note that LPX currently holds a PEG ratio of 2.52. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Wood industry held an average PEG ratio of 2.52.The Building Products - Wood industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 146, finds itself in the bottom 42% echelons of all 250+ industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to 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