Louisiana-Pacific Corporation with ticker code (LPX) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 82 and 47 suggesting an average Analsyt target price of $64.11. Given that the stocks previous close was at $59.98 this would imply there is now a potential upside of 6.9%. The 50 day moving average now sits at $57.70 and the 200 moving average now moves to $58.96. The total market capitalization for the company now stands at $4,158m. You can visit the company’s website by visiting: https://www.lpcorp.com
The potential market cap would be $4,445m based on the market consensus.
Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through: Siding, Oriented Strand Board, and South America. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. The Oriented Strand Board segment manufactures and distributes oriented strand board structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The South America segment manufactures and distributes oriented strand board structural panel and siding products. This segment also distributes and sells related products for the region’s transition to wood frame construction. It also offers timber and timberlands and other products and services. The company sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. Louisiana-Pacific Corporation was incorporated in 1972 and is headquartered in Nashville, Tennessee.
The company has a dividend yield of 1.6% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.29, revenue per share of 49.41 and a 33.86% return on assets.
