Louisiana-Pacific (NYSE:LPX) received a $25.00 target price from analysts at BMO Capital Markets in a research note issued on Tuesday. The firm currently has a “sell” rating on the construction company’s stock. BMO Capital Markets’ price target would suggest a potential downside of 17.90% from the stock’s previous close.

LPX has been the subject of several other research reports. Bank of America raised shares of Louisiana-Pacific from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 24th. Vertical Research raised shares of Louisiana-Pacific from a “hold” rating to a “buy” rating in a research note on Monday, November 6th. Stephens set a $31.00 target price on shares of Louisiana-Pacific and gave the stock a “hold” rating in a research note on Wednesday, January 10th. Zacks Investment Research lowered shares of Louisiana-Pacific from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $37.00 target price on shares of Louisiana-Pacific in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $30.83.

Louisiana-Pacific (LPX) opened at $30.45 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 4.31 and a current ratio of 5.25. The firm has a market cap of $4,120.20, a PE ratio of 14.71, a price-to-earnings-growth ratio of 2.74 and a beta of 1.62. Louisiana-Pacific has a 12 month low of $22.07 and a 12 month high of $31.07.

Louisiana-Pacific (NYSE:LPX) last announced its earnings results on Tuesday, February 13th. The construction company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.15. The company had revenue of $710.60 million during the quarter, compared to analyst estimates of $654.26 million. Louisiana-Pacific had a net margin of 11.72% and a return on equity of 20.27%. Louisiana-Pacific’s revenue was up 29.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. equities analysts forecast that Louisiana-Pacific will post 2.21 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Profund Advisors LLC lifted its position in shares of Louisiana-Pacific by 12.6% during the fourth quarter. Profund Advisors LLC now owns 22,177 shares of the construction company’s stock worth $582,000 after purchasing an additional 2,477 shares in the last quarter. MANA Advisors LLC acquired a new stake in shares of Louisiana-Pacific during the fourth quarter worth about $209,000. Renaissance Technologies LLC lifted its position in shares of Louisiana-Pacific by 29.2% during the fourth quarter. Renaissance Technologies LLC now owns 3,464,000 shares of the construction company’s stock worth $90,965,000 after purchasing an additional 783,116 shares in the last quarter. Moors & Cabot Inc. acquired a new stake in shares of Louisiana-Pacific during the fourth quarter worth about $225,000. Finally, Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Louisiana-Pacific during the fourth quarter worth about $353,000. 92.31% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Louisiana-Pacific (NYSE:LPX)

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