Stock Price of Louisiana-Pacific Corporation (LPX) Increases 17.5%

Louisiana-Pacific Corporations in-depth stock price analysis indicates that the stock price has rallied 18.81% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 22.55% . Looking at the past 52 week period, the stock price is up at 62.07% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Louisiana-Pacific Corporation has a positive value of 10.57 compared to overall market. Louisiana-Pacific Corporation (NYSE:LPX) has climbed 17.5% in the past week and advanced 17.44% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 16.55% and the outperformance has advanced to 15.34% for the last 4 weeks period.

Louisiana-Pacific Corporation (NYSE:LPX) : On Friday heightened volatility was witnessed in Louisiana-Pacific Corporation (NYSE:LPX) which led to swings in the share price. The stock opened for trading at $22.78 and hit $23.44 on the upside , eventually ending the session at $23.37, with a gain of 2.1% or 0.48 points. The heightened volatility saw the trading volume jump to 3,459,704 shares. The 52-week high of the share price is $23.44 and the company has a market cap of $3,324 million. The 52-week low of the share price is at $13.31 .

Louisiana-Pacific Corporation Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.20. The company had revenue of $550.00 million for the quarter, compared to analysts expectations of $517.02 million. The companys revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Feb 9, 2017 to Top Pick, Raises Price Target to $ 26 from a previous price target of $25 .Louisiana-Pacific Corporation was Downgraded by BofA/Merrill to Underperform on Dec 7, 2016.

Company has reported several Insider transactions to the SEC, on Dec 12, 2016, William Bradley Southern (Executive Vice President) sold 10,622 shares at 20.67 per share price.On Dec 12, 2016, Brian Eugene Luoma (Executive Vice President) sold 5,000 shares at 21.00 per share price.On Aug 10, 2016, Neil Sherman (SVP EWP) sold 13,397 shares at 20.00 per share price.

Louisiana-Pacific Corporation manufactures building materials and engineered wood products in the United States, Canada, Chile and Brazil. The Companys products are used by homebuilders and light commercial builders. Louisiana-Pacifics products include oriented strand board sheathing, flooring, radiant barrier panels, siding and trim, I-joists, laminated veneer lumber, laminated strand lumber and interior decorative moulding.

Louisiana-Pacific

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