Louisiana-Pacific (LPX) stock fell 9.9% in the last month, underperforming Construction sector

From Nasdaq: 2024-12-26 18:15:21

Louisiana-Pacific (LPX) closed at $104.77, a -0.3% change from the previous day, underperforming the S&P 500. LPX shares dropped 9.9% in the last month, more than the Construction sector’s 11.56% loss. Analysts expect earnings of $0.69 per share, anticipating a decline of 2.82% year-over-year.

Louisiana-Pacific’s forecasted full-year earnings are $5.54 per share and revenue of $2.91 billion, showing increases of +72.05% and +12.7%, respectively. The Zacks Rank system, with LPX currently rated as #1 (Strong Buy), has a history of success with #1 stocks returning an average annual gain of +25%.

Investors should consider LPX’s valuation metrics, including a Forward P/E ratio of 18.99 and a PEG ratio of 2.53. The Building Products – Wood industry, LPX’s sector, has an average PEG ratio of 2.53 and a Zacks Industry Rank of 78, in the top 32% of all industries.

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Read more at Nasdaq: Here’s Why Louisiana-Pacific (LPX) Fell More Than Broader Market