Media stories about Louisiana-Pacific (NYSE:LPX) have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Louisiana-Pacific earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.2138974718987 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
Several equities research analysts have recently weighed in on the company. Seaport Global Securities assumed coverage on Louisiana-Pacific in a research report on Thursday. They set a “buy” rating and a $37.00 price target on the stock. BMO Capital Markets set a $25.00 price target on Louisiana-Pacific and gave the company a “sell” rating in a research report on Tuesday, February 13th. DA Davidson upped their price target on Louisiana-Pacific to $33.00 and gave the company a “neutral” rating in a research report on Wednesday, February 14th. Stephens set a $32.00 price target on Louisiana-Pacific and gave the company a “hold” rating in a research report on Tuesday, February 13th. Finally, Bank of America upgraded Louisiana-Pacific from an “underperform” rating to a “neutral” rating in a research report on Wednesday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. Louisiana-Pacific presently has an average rating of “Hold” and a consensus target price of $31.50.
Louisiana-Pacific (NYSE LPX) opened at $29.66 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.03 and a quick ratio of 4.07. The firm has a market cap of $4,219.49, a P/E ratio of 11.11, a P/E/G ratio of 2.20 and a beta of 1.58. Louisiana-Pacific has a 52-week low of $22.07 and a 52-week high of $31.07.
Louisiana-Pacific (NYSE:LPX) last posted its quarterly earnings data on Tuesday, February 13th. The construction company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.15. The company had revenue of $710.60 million for the quarter, compared to analysts’ expectations of $654.26 million. Louisiana-Pacific had a net margin of 14.26% and a return on equity of 24.05%. Louisiana-Pacific’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 earnings per share. analysts anticipate that Louisiana-Pacific will post 2.65 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 13th. Investors of record on Monday, February 26th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend was Friday, February 23rd. Louisiana-Pacific’s dividend payout ratio (DPR) is 19.48%.
In related news, Director Gary Cook sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $28.58, for a total value of $142,900.00. Following the transaction, the director now directly owns 50,026 shares in the company, valued at $1,429,743.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Neil Sherman sold 18,885 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $30.04, for a total transaction of $567,305.40. Following the completion of the transaction, the executive vice president now owns 62,770 shares in the company, valued at $1,885,610.80. The disclosure for this sale can be found here. 1.48% of the stock is currently owned by corporate insiders.
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Louisiana-Pacific 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.
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