Is Now The Time To Look At Buying Louisiana-Pacific Corporation (NYSE:LPX)?

Simply Wall St.11-23 21:00

Louisiana-Pacific Corporation (NYSE:LPX), might not be a large cap stock, but it saw a significant share price rise of 26% in the past couple of months on the NYSE. The company's trading levels ...

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The company's trading levels ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/materials/nyse-lpx/louisiana-pacific/news/is-now-the-time-to-look-at-buying-louisiana-pacific-corporat-2\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now The Time To Look At Buying Louisiana-Pacific Corporation (NYSE:LPX)?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Now The Time To Look At Buying Louisiana-Pacific Corporation (NYSE:LPX)?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-23 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/materials/nyse-lpx/louisiana-pacific/news/is-now-the-time-to-look-at-buying-louisiana-pacific-corporat-2><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Louisiana-Pacific Corporation (NYSE:LPX), might not be a large cap stock, but it     saw a significant share price rise of 26% in the past couple of months on the NYSE.   The company's trading levels ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/materials/nyse-lpx/louisiana-pacific/news/is-now-the-time-to-look-at-buying-louisiana-pacific-corporat-2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4186","symbol_name":"林业产品","start_time":0,"source_url":"https://simplywall.st/stocks/us/materials/nyse-lpx/louisiana-pacific/news/is-now-the-time-to-look-at-buying-louisiana-pacific-corporat-2","article_id":"2485563200","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/2061000-choice2-main-header/1585186876636"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485563200","pubTimestamp":1732366831,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Louisiana-Pacific Corporation ( NYSE:LPX ), might not be a large cap stock, but it saw a significant share price rise...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4186":"林业产品","BK4585":"ETF&股票定投概念","NYSE":"纽交所","BK4588":"碎股","LPX":"路易斯安那太平洋"},"translate_title":"现在是考虑收购路易斯安那太平洋公司（纽约证券交易所股票代码：LPX）的时候了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LPX":1,"NYSE":1},"content_text":"Louisiana-Pacific Corporation (NYSE:LPX), might not be a large cap stock, but it     saw a significant share price rise of 26% in the past couple of months on the NYSE.   The company's trading levels have reached its high for the past year, following the recent bounce in the share price.     As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.  However, what if the stock is still a bargain?  Let’s take a look at Louisiana-Pacific’s outlook and value based on the most recent financial data to see if the opportunity still exists.     View our latest analysis for Louisiana-Pacific  What Is Louisiana-Pacific Worth?  According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied.   In this instance, we’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. We find that Louisiana-Pacific’s ratio of 19.52x is trading slightly below its industry peers’ ratio of 19.52x, which means if you buy Louisiana-Pacific today, you’d be paying a reasonable price for it. And if you believe that Louisiana-Pacific should be trading at this level in the long run, then there’s not much of an upside to gain over and above other industry peers.    Although, there may be an opportunity to buy in the future. This is because Louisiana-Pacific’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.      What kind of growth will Louisiana-Pacific generate? NYSE:LPX Earnings and Revenue Growth November 23rd 2024 Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio.   Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.    Louisiana-Pacific's earnings growth are expected to be in the teens in the upcoming years, indicating a solid future ahead. This should lead to robust cash flows, feeding into a higher share value.    What This Means For You Are you a shareholder? LPX’s optimistic future growth appears to have been factored into the current share price,  with shares trading around industry price multiples. However, there are also other important factors which we haven’t considered today, such as  the track record of its management team.  Have these factors changed since the last time you looked at LPX? Will you have enough  conviction to buy should the price fluctuate below the industry PE ratio? Are you a potential investor? If you’ve been  keeping tabs on LPX,  now may not be the most  optimal  time to buy, given it is trading around industry price multiples. However, the  positive outlook  is encouraging for LPX, which means it’s worth  further examining  other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.   It can be quite valuable to consider what analysts expect for Louisiana-Pacific from their most recent forecasts.  So feel free to check out our free graph representing analyst forecasts.  If you are no longer interested in Louisiana-Pacific, you can use our free platform to see our list of over 50 other stocks with a high growth potential. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485563200"}