LPX stock: buy or sell?

LPX stock price: $34.18 1.79% At close on February 14th, 2020

Updated on:
February 14th, 2020

4

Louisiana-Pacific soared 1.79% on February/14 to $34.18 after reaching all time highs on February/14.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction applications.

Should I buy LPX stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups work for Louisiana-Pacific stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Louisiana-Pacific stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for LPX stock for the last 30 days.

LPX stock analysis

Daily outlook

Louisiana-Pacific shares peaked new all time highs back again on Feb 14th, marking to $34.28. Shares closed at $34.18 and soared 1.79%.

After topping to all time highs on Feb 14th, Louisiana-Pacific soared 1.79% on Feb/14 to $34.18. From a daily perspective, LPX is in a short term uptrend after plotting its last bottom ($30.58, on Tuesday) higher than the previous bottom, and its last top ($34.03, on Wednesday) also over the previous top. Now trading in between its last bottom and last top LPX might consolidate in a plain range, waiting to break out over $34.03 or down under $30.58. Since October when LPX stock price broke up the SMA200d line, it gained $10.23 (42.71%). Since SMA50d and SMA100d crossed up on October, LPX price climbed $5.26 per share (18.19%).

LPX stock chart (daily)

Weekly outlook

Louisiana-Pacific skyrocketed 7.82% this week and topped a new all time high at $34.28.

Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $32.38 resistance. Since price and SMA40w lines crossed up early October, LPX climbed $10.32 (43.25%). By mid May 2019, SMA20w and SMA40w crossed up triggering a rise of 40.43%.

LPX stock chart (weekly)

LPX stock price history

LPX IPO was on March 17th, 1980 at $0.00 per share1. Since then, LPX stock surged a inf%, with an average of inf% per year. If you had invested $1,000 in LPX stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

LPX stock historical price chart

LPX stock reached all-time highs on Feb/14 with a price of $34.28.

LPX stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for Louisiana-Pacific stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Louisiana-Pacific disappointed analysts when it reported an Earnings per Share (EPS) of $0.19 when the market consensus was $0.30.
LPX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.38n/a
2017-Q2-n/a0.63n/a
2017-Q32017-11-060.740.7-5.4%
2017-Q42018-02-130.580.7325.9%
2018-Q12018-05-070.710.63-11.3%
2018-Q22018-08-070.971.0811.3%
2018-Q32018-11-060.660.8325.8%
2018-Q42019-02-130.30.19-36.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a nice growth of 3.44% to $2,828.00 million USD. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) stayed constant a -0.30% to 13.95%.

LPX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,090 M-$177 M8.5%-
2014$1,935 M-7.43%$-75.40 M-3.9%-142.50%
2015$1,893 M-2.19%$-88.10 M-4.7%16.84%
2016$2,233 M18.01%$150 M6.7%-270.03%
2017$2,734 M22.41%$390 M14.3%160.21%
2018$2,828 M3.44%$395 M14.0%1.23%

Quarterly financial results

Louisiana-Pacific reported $589.10 million in revenues for 2018-Q4, a -20.05% less compared to previous quarter. Reported quarter earnings marked $17.00 million with a profit margin of 2.89%. Profit margin plunged a -13.94% compared to previous quarter when profit margin was 16.83%. When comparing revenues to same quarter last year, Louisiana-Pacific sales marked a spooky loss and plummed a -17.10%. Looking back to recent quarterly results, Louisiana-Pacific posted 2 negative quarters in a row.
LPX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$611 M-$55 M9.0%-
2017-Q2$694 M13.62%$95 M13.6%71.82%
2017-Q3$718 M3.49%$110 M15.3%16.19%
2017-Q4$711 M-1.07%$131 M18.4%18.94%
2018-Q1$691 M-2.72%$91 M13.1%-30.40%
2018-Q2$811 M17.29%$163 M20.1%78.99%
2018-Q3$737 M-9.13%$124 M16.8%-23.79%
2018-Q4$589 M-20.05%$17 M2.9%-86.29%

Louisiana-Pacific ownership

When you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Louisiana-Pacific, 0.48% of all outstanding shares are owned by its staff.

Bearish positions for LPX stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Louisiana-Pacific:

LPX
Market cap$4.0 B
Total shares117.5 M
Float shares116.9 M
  - Institutional holdings (%)101.3%
  - Insider holdings (%)0.5%
Shares in short selling0.0%

LPX summary

Friday, February 14th, 2020
Open$33.67
Close$34.18
Day range$33.40 - $34.28
Previous close$33.58
Session gain1.79%
Average true range$0.85
50d mov avg$30.44
100d mov avg$28.90
200d mov avg$26.54
Daily patternlt06a
Weekly pattern lb02c

Louisiana-Pacific performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Louisiana-Pacific against in the following table:
Stock3m6m12m
LPXLouisiana-Pacific19.51%47.97%30.91%

Louisiana-Pacific competitors

Unfortunately, we could not find any public company that could be defined as Louisiana-Pacific competitor. This doesn't mean Louisiana-Pacific does not have any competitor in the market, it's just we could not detected it.