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.
LPX was given price targets by several analysts. The most optimistic analyst gave a price target of 32, implying a possible profit of 27.29 percent. The lowest price target was 20, which equates to a potential downside of -20.45 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.57 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 16.68 percent. 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. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
LPX has an estimated earnings growth rate of 34.1 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LPX is 0.55.
LPX has traded between a high of 26.93 and a low of 17.08 over the past year. Currently the stock is 47.19 percent higher than its low, and below the high by 6.65 percent. 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 will post this quarters earnings in days, on 0000-00-00.