Louisiana-Pacific Corporation (LPX) Receiving Somewhat Positive Press Coverage, Accern Reports

Media stories about Louisiana-Pacific Corporation (NYSE:LPX) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Louisiana-Pacific Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 46.995736056404 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have impacted Accern Sentiment’s rankings:

Shares of Louisiana-Pacific Corporation (NYSE:LPX) traded up $0.14 during trading on Tuesday, reaching $26.89. The company’s stock had a trading volume of 1,942,200 shares, compared to its average volume of 1,823,339. The company has a quick ratio of 4.31, a current ratio of 5.25 and a debt-to-equity ratio of 0.24. The stock has a market cap of $3,950.00, a PE ratio of 14.54, a P/E/G ratio of 2.59 and a beta of 1.50. Louisiana-Pacific Corporation has a 1-year low of $18.69 and a 1-year high of $29.44.

Louisiana-Pacific Corporation (NYSE:LPX) last announced its quarterly earnings results on Monday, November 6th. The construction company reported $0.70 EPS for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.05). The company had revenue of $718.30 million during the quarter, compared to analysts’ expectations of $731.47 million. Louisiana-Pacific Corporation had a return on equity of 20.27% and a net margin of 11.72%. Louisiana-Pacific Corporation’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period last year, the firm earned $0.32 earnings per share. sell-side analysts forecast that Louisiana-Pacific Corporation will post 2.07 earnings per share for the current year.

Several research firms have weighed in on LPX. Zacks Investment Research cut Louisiana-Pacific Corporation from a “strong-buy” rating to a “hold” rating in a report on Friday, November 10th. Vertical Research raised Louisiana-Pacific Corporation from a “hold” rating to a “buy” rating in a report on Monday, November 6th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $37.00 price target on shares of Louisiana-Pacific Corporation in a report on Monday, October 30th. Stephens began coverage on Louisiana-Pacific Corporation in a report on Tuesday, October 24th. They set an “equal weight” rating and a $30.00 price objective on the stock. Finally, Longbow Research reissued a “neutral” rating on shares of Louisiana-Pacific Corporation in a report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $29.67.

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In other news, SVP Michael Sims sold 5,871 shares of Louisiana-Pacific Corporation stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $27.06, for a total value of $158,869.26. Following the sale, the senior vice president now directly owns 41,523 shares in the company, valued at approximately $1,123,612.38. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Rebecca Anne Barckley sold 5,128 shares of Louisiana-Pacific Corporation stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $27.00, for a total value of $138,456.00. Following the completion of the sale, the insider now owns 7,305 shares in the company, valued at $197,235. The disclosure for this sale can be found here. 1.48% of the stock is currently owned by company insiders.

Louisiana-Pacific Corporation Company Profile

Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.

Insider Buying and Selling by Quarter for Louisiana-Pacific Corporation (NYSE:LPX)

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