$0.53 EPS Expected for Louisiana-Pacific Corporation (LPX)

January 14, 2018 - By Peter Erickson

 $0.53 EPS Expected for Louisiana Pacific Corporation (LPX)
Investors sentiment increased to 2.11 in 2017 Q3. Its up 0.06, from 2.05 in 2017Q2. It is positive, as 16 investors sold Louisiana-Pacific Corporation shares while 65 reduced holdings. 56 funds opened positions while 115 raised stakes. 132.87 million shares or 2.80% more from 129.25 million shares in 2017Q2 were reported.
Employees Retirement Of Texas accumulated 0.03% or 81,000 shares. The Texas-based Dimensional Fund Advisors Ltd Partnership has invested 0.06% in Louisiana-Pacific Corporation (NYSE:LPX). Lord Abbett & Communication Limited Com invested 0.07% in Louisiana-Pacific Corporation (NYSE:LPX). Dupont Cap Management reported 0.06% in Louisiana-Pacific Corporation (NYSE:LPX). Frontfour Group Ltd Liability Corp, Connecticut-based fund reported 309,924 shares. Riverhead Ltd Llc holds 9,520 shares. Parametrica Mngmt stated it has 0.21% in Louisiana-Pacific Corporation (NYSE:LPX). Balyasny Asset Mngmt Limited Liability Com reported 0% stake. Fiera has 0.05% invested in Louisiana-Pacific Corporation (NYSE:LPX). D E Shaw Incorporated invested 0.03% of its portfolio in Louisiana-Pacific Corporation (NYSE:LPX). Strs Ohio accumulated 63,100 shares. Parametric Ltd Co accumulated 0.01% or 455,434 shares. Barclays Pcl reported 0.01% in Louisiana-Pacific Corporation (NYSE:LPX). Key Grp Holdg (Cayman) Limited holds 52,800 shares. Smith Asset Group Limited Partnership holds 148,849 shares or 0.13% of its portfolio.

Since September 12, 2017, it had 0 buys, and 2 sales for $297,325 activity. Shares for $138,456 were sold by Barckley Rebecca Anne on Thursday, September 14.

Analysts expect Louisiana-Pacific Corporation (NYSE:LPX) to report $0.53 EPS on February, 14.They anticipate $0.30 EPS change or 130.43 % from last quarter’s $0.23 EPS. LPX’s profit would be $76.78 million giving it 13.35 P/E if the $0.53 EPS is correct. After having $0.70 EPS previously, Louisiana-Pacific Corporation’s analysts see -24.29 % EPS growth. The stock increased 0.53% or $0.15 during the last trading session, reaching $28.3. About 1.04M shares traded. Louisiana-Pacific Corporation (NYSE:LPX) has risen 29.07% since January 14, 2017 and is uptrending. It has outperformed by 12.37% the S&P500.

Louisiana-Pacific Corporation (NYSE:LPX) Ratings Coverage

Among 10 analysts covering Louisiana-Pacific (NYSE:LPX), 4 have Buy rating, 2 Sell and 4 Hold. Therefore 40% are positive. Louisiana-Pacific had 27 analyst reports since August 26, 2015 according to SRatingsIntel. As per Friday, May 26, the company rating was upgraded by ValuEngine. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Buy” rating given on Thursday, July 21 by Dundee Securities. RBC Capital Markets maintained it with “Buy” rating and $37.0 target in Sunday, October 29 report. The firm has “Underperform” rating given on Friday, September 29 by BMO Capital Markets. DA Davidson upgraded the stock to “Neutral” rating in Friday, February 12 report. Vertical Research downgraded the shares of LPX in report on Thursday, March 17 to “Hold” rating. BMO Capital Markets maintained it with “Sell” rating and $24.0 target in Thursday, November 9 report. The firm has “Outperform” rating given on Friday, September 4 by RBC Capital Markets. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Hold” rating given on Thursday, September 7 by BMO Capital Markets. The company was maintained on Friday, October 13 by TD Securities.

Louisiana-Pacific Corporation, together with its subsidiaries, makes and sells building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction. The company has market cap of $4.10 billion. It operates in four divisions: North America Oriented Strand Board; Siding; Engineered Wood Products; and South America. It has a 13.74 P/E ratio. The firm offers structural panel products comprising plywood, including roof decking, sidewall sheathing, and floor underlayment; SmartSide siding products and related accessories, such as wood sidings, trim, soffit, and fascia; and CanExel siding and accessory products, including pre-finished lap and trim products.

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