|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||26.34 - 26.68|
|52 Week Range||20.39 - 32.16|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||9.69|
|Earnings Date||Feb 11, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||0.54 (2.03%)|
|1y Target Est||31.33|
During a memorable week last summer, a team of extreme adventure videographers and LP product experts joined Captain Spencer Salmon and his crew aboard the MV Horizon in San Diego, and embarked on a twenty-two-hour boat ride to Guadalupe Island, off the coast of Mexico, a dive destination famous for the number and size of great white sharks that circle the island’s coast. The purpose of the expedition was to submit LP Legacy® premium sub-flooring to the ultimate performance test by building a shark cage and immersing it in the ocean. Largely constructed of LP Legacy sub-flooring, the cage served as the only protection for the courageous divers who volunteered to go into the water with the great white sharks.
Louisiana-Pacific Corporation (LP) (LPX) today announced it has entered into an accelerated share repurchase (ASR) agreement with Goldman Sachs & Co. LLC to repurchase $400 million of LP’s common stock. This agreement is part of LP’s existing share repurchase authorization under which $600 million of authority was announced in Feb. 13, 2019. Under the ASR agreement, LP will receive initial delivery of 11,944,756 million shares on Feb. 21, 2019, representing approximately 80 percent of the number of shares of common stock initially underlying the ASR agreement, based on the closing price of the company’s common stock of $26.79 on Feb. 15.
Lower OSB prices, volumes along with EWP sales negatively impact Louisiana-Pacific's (LPX) performance in the fourth quarter. Yet, dividend hike and a new share buyback program raise hopes.
Louisiana-Pacific (LPX) delivered earnings and revenue surprises of -36.67% and -4.68%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Louisiana-Pacific Corp. shares rose 6% in premarket trade Wednesday, after the company missed its earnings estimates but announced a higher dividend and new share buyback program. The building products maker said it had net income of $17.0 million, or 12 cents a share, in the quarter, down from $130.5 million, or 89 cents a share, in the year-earlier period. Adjusted per-share earnings came to 19 cents, below the FactSet consensus of 26 cents. Sales fell 17% to $589 million, also below the $612 million FactSet consensus. The company said siding segment results were hit by higher marketing investment related to its repair and remodel channel and new product introductions, as well as temporary headwinds including downtime at its SmartSide Fiber and CanExel facilities and the Dawson Creek mill conversion. "LP expects it will be more resilient and cash flow generative through market cycles going forward," the company said in a statement. The company said its board has approved an additional share buyback program of up to $600 million and is increasing its quarterly dividend by 4% to 13.50 cents a share. For 2019, it is expecting capex to be in range of $150 million to $180 million. The company is sticking with a long-term growth target of 12% to 14% on Smart Side sales growth, but is guiding to the lower end of that range for 2019 due to expected flat housing starts. Shares have fallen 20.3% in the last 12 months, while the S&P 500 has gained 3.1%.
The Nashville, Tennessee-based company said it had net income of 12 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share. The results fell short of Wall Street expectations. ...
Fourth Quarter and Full Year Results
Louisiana-Pacific (NYSE: LPX ) releases its next round of earnings this Wednesday, Feb. 13. Here's Benzinga's essential guide to Louisiana-Pacific's Q4 earnings report. Earnings and Revenue Analysts covering ...
To more accurately communicate its commitment to the needs and opportunities within a changing industry, today LP Building Products announced its new name: LP Building Solutions. This strategic decision reflects LP’s goal to be the industry’s leading building solutions company. “This change represents LP’s continued evolution as a company,” said Brad Southern, CEO of LP Building Solutions.
Rising materials and transportation costs, ongoing headwinds in EWP segment, along with pricing pressure within OSB segment will likely hurt Louisiana-Pacific's (LPX) Q4 earnings.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is written for those whoRead More...
Louisiana-Pacific Corp NYSE:LPXView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for LPX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LPX. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LPX totaled $2.10 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. LPX credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, Feb. 08, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Louisiana-Pacific Corporation will conduct its fourth quarter and year-end 2018 financial results conference call on Wednesday, February 13, 2019, at 11 a.m. EST (8 a.m.
Louisiana-Pacific (LPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today we'll evaluate Louisiana-Pacific Corporation (NYSE:LPX) to determine whether it could have potential as an investment idea. In particular, we'll consider its Return On Capital Employed (ROCE), as that can Read More...
Louisiana-Pacific Corporation (LP) (LPX) today announced that Alan Haughie has been named Executive Vice President and Chief Financial Officer effective immediately. Haughie succeeds Mike Kinney, who has served as interim CFO since July 2018. Haughie brings more than 25 years of financial expertise and significant strategic planning leadership experience to LP.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Louisiana-Pacific Corporation (NYSE:LPX) as an investment opportunity by taking the expected Read More...
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]