Analysts See $0.76 EPS for Louisiana-Pacific Corporation (LPX)

October 13, 2017 - By Dolores Ford

 Analysts See $0.76 EPS for Louisiana Pacific Corporation (LPX)
Investors sentiment increased to 2.05 in Q2 2017. Its up 0.36, from 1.69 in 2017Q1. It increased, as 26 investors sold Louisiana-Pacific Corporation shares while 56 reduced holdings. 55 funds opened positions while 113 raised stakes. 129.25 million shares or 0.82% less from 130.32 million shares in 2017Q1 were reported.
Bnp Paribas Arbitrage Sa reported 330,592 shares stake. Canada Pension Plan Invest Board holds 0.02% of its portfolio in Louisiana-Pacific Corporation (NYSE:LPX) for 399,600 shares. Lord Abbett And Ltd Liability Corporation reported 0.04% in Louisiana-Pacific Corporation (NYSE:LPX). Stevens Capital Mgmt Limited Partnership has 78,221 shares. Manufacturers Life Ins The has invested 0.18% in Louisiana-Pacific Corporation (NYSE:LPX). Capstone Asset Mgmt holds 0.01% or 9,538 shares in its portfolio. Citigroup holds 0% or 18,770 shares in its portfolio. Td Asset Management has 29,880 shares. 34,730 were accumulated by Pcj Investment Counsel. Cornercap Invest Counsel Inc has invested 0.13% in Louisiana-Pacific Corporation (NYSE:LPX). Ahl Ptnrs Llp stated it has 0.06% in Louisiana-Pacific Corporation (NYSE:LPX). State Street Corp holds 0.01% in Louisiana-Pacific Corporation (NYSE:LPX) or 4.65 million shares. Salem Invest Counselors Incorporated invested 0% in Louisiana-Pacific Corporation (NYSE:LPX). New York-based Gotham Asset Mgmt Limited Liability Company has invested 0.25% in Louisiana-Pacific Corporation (NYSE:LPX). Cantab Cap Ptnrs Llp owns 0% invested in Louisiana-Pacific Corporation (NYSE:LPX) for 52,087 shares.

Investors wait Louisiana-Pacific Corporation (NYSE:LPX) to report on October, 30. its quarterly earnings Wall Street analysts expect $0.76 earnings per share, up $0.44 or 137.50 % from last year’s $0.32 same quarter earnings. This translates into $110.45M profit for LPX giving the stock a 9.30 P/E. This is assuming the current $0.76 EPS is accurate. Louisiana-Pacific Corporation’s Wall Street analysts see 31.03 % EPS growth, taking into account the $0.58 EPS reproted in the previous quarter, The stock increased 0.64% or $0.18 during the last trading session, reaching $28.28. About 996,374 shares traded. Louisiana-Pacific Corporation (NYSE:LPX) has risen 29.07% since October 13, 2016 and is uptrending. It has outperformed by 12.37% the S&P500.

Louisiana-Pacific Corporation (NYSE:LPX) Ratings Coverage

Among 8 analysts covering Louisiana-Pacific (NYSE:LPX), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. Louisiana-Pacific had 21 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Hold” rating given on Thursday, June 22 by BMO Capital Markets. The company was upgraded on Thursday, July 21 by Dundee Securities. The company was maintained on Thursday, February 9 by RBC Capital Markets. Vertical Research upgraded the stock to “Buy” rating in Friday, October 14 report. RBC Capital Markets maintained Louisiana-Pacific Corporation (NYSE:LPX) on Sunday, July 30 with “Buy” rating. The stock of Louisiana-Pacific Corporation (NYSE:LPX) earned “Top Pick” rating by RBC Capital Markets on Wednesday, November 4. Bank of America downgraded the stock to “Underperform” rating in Wednesday, December 7 report. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Outperform” rating given on Friday, September 4 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, April 19. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Hold” rating given on Wednesday, April 12 by Vertical Research.

Louisiana-Pacific Corporation is a manufacturer of building products. The company has market cap of $4.11 billion. The Company’s products are used in home construction, repair and remodeling, and outdoor structures. It has a 16 P/E ratio. The Firm operates in four divisions, which include North America Oriented Strand Board , Siding, Engineered Wood Products (EWP) and South America.

Another recent and important Louisiana-Pacific Corporation (NYSE:LPX) news was published by which published an article titled: “Update Regarding International Barrier Plan of Arrangement” on October 11, 2017.

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