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
G
Target $67 to $62 in a week. As soon as I bought it’s dipped into the RED 2 weeks ago.
G
Seem a limit order $59 might execute in this weakness
G
Buying 200 shares on the open
M
Do these dudes have good earnings and guidance on earnings day???
C
Always a good sign to see a CFO load up on over $600k of shares.
g
Closing above 55 today on a down market would be called — making a statement
G
Zack disses the stocks momentum
g
Looking for a close today above 54.83 Stock has been staying above the 5 day moving average - this is a good sign
E
We closed above the resistance
Bullish
r
Goldman Sux
M
Looks like they paid about 63-64 a share on the buybacks. I was wondering if they could of done something else with the money not waited for a lower share price. Maybe that is a good price, just hard to take when it's higher then today's price. I've seen this before. On a boom cycle. You hope they spread the buybacks out and not buy at the highs.
C
Funny how clickbait media is talking about how Goldman sacks issued a sell notice for BCC and LPX citing lumber going down, despite the fact neither of them make lumber and OSB has not fallen 60-70% like lumber did, and is telling people to buy Weyerhauser, which goldman obviously owns.
A
Party is over. Osb prices drop 70% in 4 weeks
E
Why soo much fud in this stock?
Bullish
r
PE 5!!! what??!! buying!!!
e
looking at selling some OTM puts, (around $46, aug20, $1.25), have we pulled back enough that one would be looking to round trip here and go long again?
G
I dont know what to do with this one folks. Im down 18% . I could lower my average price but now im not too confident on this stock. What do you guys think?
A
For nearly 3-4 months Zacks had this stock as a SB. Just recently, it changed to a B . What changed in the data or the forecast that promoted the stock strongly? Did it happen in the twinkling of the eye? I suspect that in a very short time span, Zacks will change the rating to #$%$ This same stoking and then downgrade also happened with TUP. Is Z a tool for the hedge funds at the individual investor's expense?
g
The 21 day moving average is 55.85 The 0.382 Fibonacci level is 57.50 This will be our trading range tomorrow with a close above the overhead resistance level today of 56.18.
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.
Stock has been staying above the 5 day moving average - this is a good sign
Osb prices drop 70% in 4 weeks
This will be our trading range tomorrow with a close above the overhead resistance level today of 56.18.