News coverage about Louisiana-Pacific Corporation (NYSE:LPX) has been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Louisiana-Pacific Corporation earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Louisiana-Pacific Corporation (NYSE:LPX) traded up 1.08% during trading on Thursday, reaching $24.39. The company’s stock had a trading volume of 2,243,454 shares. The company’s 50 day moving average price is $24.69 and its 200 day moving average price is $23.74. Louisiana-Pacific Corporation has a 52 week low of $17.08 and a 52 week high of $26.92. The company has a market cap of $3.53 billion, a P/E ratio of 13.86 and a beta of 1.34.

Louisiana-Pacific Corporation (NYSE:LPX) last posted its quarterly earnings results on Tuesday, August 1st. The construction company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by $0.03. The company had revenue of $694 million during the quarter, compared to analyst estimates of $700.73 million. Louisiana-Pacific Corporation had a return on equity of 17.65% and a net margin of 10.50%. The company’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.28 earnings per share. On average, equities analysts anticipate that Louisiana-Pacific Corporation will post $1.70 earnings per share for the current fiscal year.

A number of equities analysts have issued reports on LPX shares. BidaskClub raised Louisiana-Pacific Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Royal Bank Of Canada reissued a “buy” rating and set a $26.00 price objective on shares of Louisiana-Pacific Corporation in a research note on Tuesday, April 18th. Zacks Investment Research lowered Louisiana-Pacific Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 10th. DA Davidson lowered Louisiana-Pacific Corporation from a “buy” rating to a “neutral” rating in a research note on Monday, May 8th. Finally, TD Securities reaffirmed a “hold” rating on shares of Louisiana-Pacific Corporation in a research report on Tuesday, May 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $27.00.

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About Louisiana-Pacific Corporation

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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