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Louisiana-Pacific Corporation (LPX)

NYSE - NYSE Delayed Price. Currency in USD
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51.19+0.24 (+0.47%)
At close: 04:00PM EDT
51.80 +0.61 (+1.19%)
After hours: 06:58PM EDT
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  • f
    ferabi
    Bullish
  • S
    Stephen
    I bought at about $68, so last week's $51,19 close is not pleasing. But macro issues seem the problem, not the company itself. I went back to the two primary sources of my motivation to buy, and they are both still quite positive. As of today, the midpoint of ValueLine's 18-month target price range is $82 (the range is $46-$118). New Constructs, analysts that I find intriguing but that I have less experience with, ranks $LPX as #2 our of 145 basic materials companies, and in the 99th percentile of the 2700+/- companies they cover. To me, thinking long term, company fundamentals (especially debt, PE, EPS) matter more than current economic conditions, but of course others disagree.
  • M
    Mark
    Fella pumped lpx on CNBC. He is correct. Lpx cash, to debt level puts it in great position. Even with a housing slow down they should earn money.
  • F
    FanboysSuck
    Who’s the CNBC shill that recommended this stock yesterday? They knew about this downgrade ahead of time so they could pump the stock and sell expensive calls.
  • w
    william
    Bullish
  • w
    william
    Bullish
  • A
    Anthony
    For nearly 3-4 months Zacks had this stock as a SB. Just recently, it changed to a B . What changed in the data or the forecast that promoted the stock strongly? Did it happen in the twinkling of the eye? I suspect that in a very short time span, Zacks will change the rating to #$%$ This same stoking and then downgrade also happened with TUP. Is Z a tool for the hedge funds at the individual investor's expense?
  • B
    Brad
    It's end of the quarter and it looks like OSB and Plywood prices continue to increase. Should be a good quarter when they report, but more so they are probably already sold out 2 months into the next quarter so that should be shaping up quite well as well. The company should be dialing down on share repurchases here while the stock is cheap
  • S
    Stephen
    I initiated a small position in $LPX today at $70.14, without as much due diligence as usual. The fundamentals looked fine to me, and the low debt was a major plus, but as someone not involved in (thus not continually learning about) the sector, I am ready for some rude surprises now and then. New Constructs' strong buy recommendation was the most positive opinion I found. ValueLine's 18-month target range has a reassuring midpoint of $94 ($53-$134 range). Overall, do board commenters here have a good opinion of LPX management?
  • C
    Ca
    Based on Q2 2021 net income, LPX reached a P/E ratio around 3 as per today. Additionally, low lumber prices does not seems to affect LPX profitability as operating margin recently reached its peak. Given the unlevered balance sheet and recurrent solid operating cash flow, it seems that LPX is undervalued and well positioned for further growth from a fundamental perspective.

    Saying that, I do not understand Goldman Sachs comment dated 15 July 2021 which stated that because they are more commodity-exposed, LPX "could face near-term pressure as lumber and related prices retreat from all-time highs".

    However, I would not be surprised to see 1-2 days in red given our recent rally.
    Bullish
  • S
    Strongspur1
    Today LPX is noted as the strongest stock of the sector. The paradox is that on this very day the stock reversed down in my point and figure system. The latter could be the result of HTF - High Frequency Trading which is a machines work to frighten off weak stockowners so that the HTF-traders can buy this stock cheaply while the stock is a very strong one, and will soon rise. Be patient don't let this scare you off.
    Bullish
  • S
    Strongspur1
    Today LPX went up to a new top $70 which created a new buy signal in my point and figure chart. With this speed it will soon pass $75 on its way up. There is no signs of a diminishing building boom.
    Bullish
  • p
    popeye
    500 Million left on buyback! About 8% of shares outstanding. CC should be great, they just keep growing!
  • M
    Mark
    Do these dudes have good earnings and guidance on earnings day???
  • S
    Strongspur1
    LPX is amongst the strongest shares of the forest products sector. According to my point and figure analysis this stock will soon be heading for new heights. Just be patient.
    Bullish
  • r
    robert
    Buying more LPX ahead of earnings. No reason why this shouldn't be a blowout quarter. If it sells off I am buying more. OSB prices are still far away from topping out.
    Bullish
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