Louisiana-Pacific (LPX) Given Daily News Sentiment Score of 0.23

Headlines about Louisiana-Pacific (NYSE:LPX) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Louisiana-Pacific earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 46.5633106969349 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

Shares of Louisiana-Pacific (NYSE:LPX) traded down $0.11 during mid-day trading on Thursday, reaching $27.63. 1,438,100 shares of the company were exchanged, compared to its average volume of 1,481,714. Louisiana-Pacific has a fifty-two week low of $18.69 and a fifty-two week high of $29.44. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.25 and a quick ratio of 4.31. The company has a market capitalization of $4,060.00, a price-to-earnings ratio of 13.35, a P/E/G ratio of 2.88 and a beta of 1.52.

Louisiana-Pacific (NYSE:LPX) last issued its quarterly earnings results on Monday, November 6th. The construction company reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.05). The company had revenue of $718.30 million for the quarter, compared to analyst estimates of $731.47 million. Louisiana-Pacific had a return on equity of 20.27% and a net margin of 11.72%. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the company earned $0.32 EPS. equities analysts anticipate that Louisiana-Pacific will post 2.21 EPS for the current fiscal year.

A number of equities analysts have recently issued reports on LPX shares. Royal Bank of Canada upped their price target on Louisiana-Pacific and gave the stock an “outperform” rating in a research report on Tuesday, September 26th. Zacks Investment Research raised shares of Louisiana-Pacific from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a research note on Wednesday, October 18th. Longbow Research reaffirmed a “neutral” rating on shares of Louisiana-Pacific in a research note on Tuesday, October 10th. Stephens began coverage on shares of Louisiana-Pacific in a report on Tuesday, October 24th. They issued an “equal weight” rating and a $30.00 target price for the company. Finally, BMO Capital Markets cut shares of Louisiana-Pacific from a “market perform” rating to an “underperform” rating and raised their price target for the company from $22.00 to $24.00 in a research report on Friday, September 29th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $29.50.

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About Louisiana-Pacific

Louisiana-Pacific Corporation is a manufacturer of building products. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. The Company operates in four segments, which include North America Oriented Strand Board (OSB), Siding, Engineered Wood Products (EWP) and South America.

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