Analyst Ratings for Louisiana-Pacific Corp. (LPX)Updated: 2017-07-27
Shares of Louisiana-Pacific Corp. (NYSE:LPX) have received a consensus rating of Hold from Wall Street analysts. LPX had previously received a consensus rating of Hold a month ago.
11 analysts issued ratings on the stock, where 1 gave LPX a buy rating, 0 gave an overweight rating, 9 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for LPX. The maximum price target given was 32, implying a possible profit of 27.29 percent. The minimum price target given was 20, which equates to a potential downside of -20.45 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.57 percent on average, compared to last month. That number becomes 16.68 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1.7 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.51 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LPX to grow at a rate of 34.1 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LPX is 0.55.
In the last 52-weeks, LPX has achieved a high of 26.93 and a low of 17.08. Currently the stock is 47.19 percent higher than its low, and 6.65 percent below the high. LPX has a price/earnings ratio of 18.76. Investors typically compare the P/E ratio to a company's peers in the industry. The LPX value stock report compares LPX to some of its peers using value stock charts. The stock has a market capitalization of $3.64 billion. LPX's next earnings release will be on 0000-00-00, which is days away.