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.
Many analysts weighed in on price targets for LPX. The most optimistic analyst gave a price target of 32, which equates to a potential upside of 27.29 percent. The minimum price target given was 20, implying a possible loss 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.57 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 16.68 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.7 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 7.51 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of LPX to grow at a rate of 34.1 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. LPX has a PEG ratio of 0.55.
LPX has traded between a high of 26.93 and a low of 17.08 over the past year. The current market price is above the trailing year's low by 47.19 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.