Louisiana-Pacific (NYSE:LPX – Get Free Report) was upgraded by TD Securities from a “hold” rating to a “buy” rating in a research note issued on Thursday, Marketbeat reports.
Other analysts also recently issued reports about the company. Barclays reduced their target price on Louisiana-Pacific from $104.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Zacks Research downgraded Louisiana-Pacific from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 5th. BMO Capital Markets raised Louisiana-Pacific from a “market perform” rating to an “outperform” rating and set a $94.00 price target on the stock in a research report on Thursday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $104.00 price objective on shares of Louisiana-Pacific in a research note on Wednesday, February 18th. Finally, Weiss Ratings downgraded Louisiana-Pacific from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $97.25.
Louisiana-Pacific Trading Down 0.3%
Louisiana-Pacific (NYSE:LPX – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The building manufacturing company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.29. The company had revenue of $574.00 million during the quarter, compared to the consensus estimate of $569.99 million. Louisiana-Pacific had a net margin of 3.20% and a return on equity of 7.03%. Louisiana-Pacific’s revenue for the quarter was down 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.27 earnings per share. On average, sell-side analysts expect that Louisiana-Pacific will post 2.56 earnings per share for the current fiscal year.
Insider Activity at Louisiana-Pacific
In other Louisiana-Pacific news, Director Lizanne M. Bruce sold 1,300 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $78.59, for a total transaction of $102,167.00. Following the completion of the sale, the director directly owned 17,160 shares of the company’s stock, valued at approximately $1,348,604.40. This trade represents a 7.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director F Nicholas Grasberger III bought 20,000 shares of the stock in a transaction on Thursday, February 19th. The stock was bought at an average price of $85.49 per share, for a total transaction of $1,709,800.00. Following the completion of the purchase, the director directly owned 38,954 shares in the company, valued at approximately $3,330,177.46. The trade was a 105.52% increase in their position. The SEC filing for this purchase provides additional information. 0.65% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Louisiana-Pacific
Several hedge funds have recently modified their holdings of the stock. North Ridge Wealth Advisors Inc. purchased a new position in Louisiana-Pacific in the 2nd quarter valued at $26,000. Parallel Advisors LLC raised its position in Louisiana-Pacific by 204.0% during the 1st quarter. Parallel Advisors LLC now owns 380 shares of the building manufacturing company’s stock worth $28,000 after buying an additional 255 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Louisiana-Pacific in the 4th quarter worth $29,000. Root Financial Partners LLC lifted its stake in shares of Louisiana-Pacific by 177.6% in the 1st quarter. Root Financial Partners LLC now owns 433 shares of the building manufacturing company’s stock worth $32,000 after acquiring an additional 277 shares during the period. Finally, Whittier Trust Co. boosted its holdings in shares of Louisiana-Pacific by 138.1% in the first quarter. Whittier Trust Co. now owns 500 shares of the building manufacturing company’s stock valued at $36,000 after acquiring an additional 290 shares in the last quarter. 94.73% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Louisiana-Pacific
Here are the key news stories impacting Louisiana-Pacific this week:
- Positive Sentiment: BMO Capital upgraded Louisiana-Pacific to outperform and set a $94 price target, adding to the bullish tone around the stock. BMO Capital upgrades Louisiana-Pacific (LPX)
- Positive Sentiment: Truist reaffirmed its buy rating on LPX and kept a $93 target, implying meaningful upside from current levels.
- Positive Sentiment: Barclays reiterated an overweight rating and only trimmed its target slightly to $89, signaling continued confidence in the stock.
- Positive Sentiment: TD Securities upgraded LPX from hold to buy and assigned an $86 target, reflecting improved sentiment after the earnings report.
- Positive Sentiment: BMO Capital Markets also upgraded LPX earlier this week from market perform to outperform, while Oppenheimer maintained an outperform rating despite lowering its target to $107.
- Positive Sentiment: Louisiana-Pacific’s Q1 2026 results beat expectations, with EPS of $0.38 versus the $0.14 consensus, helping support the recent analyst upgrades.
- Neutral Sentiment: Zacks Research upgraded LPX from strong sell to hold, which is an improvement but still not a bullish call.
Louisiana-Pacific Company Profile
Louisiana-Pacific Corporation (NYSE: LPX) is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.
Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.
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