Louisiana-Pacific (LPX) Projected to Post Earnings on Wednesday

Louisiana-Pacific (NYSE:LPX - Get Free Report) is anticipated to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $666.75 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Louisiana-Pacific Stock Up 0.1 %

LPX traded up $0.10 during trading on Friday, reaching $112.37. 427,726 shares of the stock were exchanged, compared to its average volume of 543,856. The stock has a market cap of $7.89 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 1.42 and a beta of 1.95. Louisiana-Pacific has a twelve month low of $66.77 and a twelve month high of $122.87. The stock's 50 day moving average price is $111.33 and its two-hundred day moving average price is $106.22. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.69 and a current ratio of 2.92.

Insider Activity at Louisiana-Pacific

In related news, Director Lizanne C. Gottung sold 2,500 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $113.50, for a total transaction of $283,750.00. Following the completion of the sale, the director now owns 18,513 shares of the company's stock, valued at $2,101,225.50. This represents a 11.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.26% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on LPX shares. The Goldman Sachs Group upped their price objective on shares of Louisiana-Pacific from $90.00 to $99.00 and gave the company a "sell" rating in a report on Wednesday, November 6th. Royal Bank of Canada upped their price objective on shares of Louisiana-Pacific from $119.00 to $125.00 and gave the company an "outperform" rating in a report on Wednesday, November 6th. StockNews.com downgraded shares of Louisiana-Pacific from a "buy" rating to a "hold" rating in a report on Sunday, November 10th. TD Securities upped their price objective on shares of Louisiana-Pacific from $115.00 to $123.00 and gave the company a "hold" rating in a report on Wednesday, November 6th. Finally, BMO Capital Markets upped their price objective on shares of Louisiana-Pacific from $99.00 to $103.00 and gave the company a "market perform" rating in a report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $108.38.

Louisiana-Pacific Company Profile

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.