Louisiana-Pacific Corporation (LPX): From Top to Bottom

Louisiana-Pacific Corporation (LPX) is an interesting player in the Services space, with a focus on Building Materials Wholesale. The stock has been active on the tape, currently trading at $26.26, down from yesterday’s close by -0.98%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Louisiana-Pacific Corporation (LPX) currently trades with a market capitalization of $3.84 Billion. That value represents a market adjusting for revenues that have been growing by 20.44 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $280.2 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.59 on a per share basis this quarter. Perhaps, that suggests something about why 1.46% of the outstanding share supply is held by institutional investors.



Technical Analysis

It’s important to check the technicals to get a sense of how LPX has been acting. Looking at the stock’s movement on the chart, Louisiana-Pacific Corporation recorded a 52-week high of $29.44. It is now trading 3.18% off that level. The stock is trading $26.88 its 50-day moving average by 0.62%. The stock carved out a 52-week low down at $18.69.

In recent action, Louisiana-Pacific Corporation (LPX) has made a move of -4.89% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 4.61% with $144.04 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LPX.

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