Louisiana-Pacific (NYSE:LPX) Price Target Lowered to $99.00 at DA Davidson

Louisiana-Pacific (NYSE:LPX) had its target price cut by stock analysts at DA Davidson from $103.00 to $99.00 in a report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the building manufacturing company’s stock. DA Davidson’s price target suggests a potential upside of 30.46% from the stock’s previous close.

Several other brokerages have also recently issued reports on LPX. Jefferies Financial Group assumed coverage on Louisiana-Pacific in a research note on Tuesday, June 23rd. They issued a “buy” rating and a $93.00 price objective on the stock. Zacks Research lowered shares of Louisiana-Pacific from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. BMO Capital Markets raised shares of Louisiana-Pacific from a “market perform” rating to an “outperform” rating and set a $94.00 price target for the company in a research report on Thursday, May 7th. Truist Financial cut their price objective on shares of Louisiana-Pacific from $91.00 to $89.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Bank of America increased their target price on Louisiana-Pacific from $85.00 to $101.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Eleven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $94.00.

Louisiana-Pacific Trading Down 1.9%

LPX traded down $1.48 during trading hours on Wednesday, reaching $75.88. 1,440,417 shares of the company’s stock traded hands, compared to its average volume of 1,154,627. The firm has a 50-day moving average price of $75.14 and a 200 day moving average price of $77.81. The firm has a market capitalization of $5.30 billion, a PE ratio of 64.31, a PEG ratio of 2.50 and a beta of 1.62. The company has a quick ratio of 1.48, a current ratio of 3.26 and a debt-to-equity ratio of 0.20. Louisiana-Pacific has a 52-week low of $66.12 and a 52-week high of $102.86.

Louisiana-Pacific (NYSE:LPX) last posted its quarterly earnings results on Wednesday, August 5th. The building manufacturing company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.13). The company had revenue of $665.00 million during the quarter, compared to analysts’ expectations of $667.31 million. Louisiana-Pacific had a return on equity of 7.03% and a net margin of 3.20%.The company’s quarterly revenue was down 12.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.99 EPS. As a group, sell-side analysts predict that Louisiana-Pacific will post 1.86 EPS for the current fiscal year.

Institutional Trading of Louisiana-Pacific

Institutional investors and hedge funds have recently modified their holdings of the stock. Eminence Capital LP raised its stake in Louisiana-Pacific by 29.9% in the fourth quarter. Eminence Capital LP now owns 4,048,136 shares of the building manufacturing company’s stock valued at $326,927,000 after buying an additional 932,177 shares in the last quarter. 59 North Capital Management LP raised its position in shares of Louisiana-Pacific by 26.3% during the 4th quarter. 59 North Capital Management LP now owns 3,536,884 shares of the building manufacturing company’s stock worth $285,639,000 after purchasing an additional 737,406 shares during the last quarter. State Street Corp lifted its position in shares of Louisiana-Pacific by 1.3% in the fourth quarter. State Street Corp now owns 2,171,315 shares of the building manufacturing company’s stock valued at $175,355,000 after acquiring an additional 27,710 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Louisiana-Pacific by 23.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,723,824 shares of the building manufacturing company’s stock worth $139,218,000 after buying an additional 332,794 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Louisiana-Pacific by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,639,721 shares of the building manufacturing company’s stock valued at $119,279,000 after purchasing an additional 15,232 shares during the period. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Key Louisiana-Pacific News

Here are the key news stories impacting Louisiana-Pacific this week:

• Positive Sentiment: Truist remains bullish: Truist Financial lowered its price target from $91 to $89 but maintained a “buy” rating, implying approximately 17% upside. Benzinga analyst rating report
• Positive Sentiment: Barclays maintains an overweight rating: Barclays reduced its target from $93 to $92 while retaining an “overweight” recommendation, implying roughly 21% upside. Benzinga analyst rating report
• Neutral Sentiment: Goldman Sachs is more cautious: Goldman raised its target from $66 to $74 but assigned a “sell” rating, suggesting limited downside at recent trading levels and highlighting disagreement among analysts about LPX’s valuation and outlook. Benzinga analyst rating report
• Negative Sentiment: Second-quarter results missed expectations: LPX reported adjusted earnings of $0.40 per share, below the $0.53–$0.58 consensus range, while revenue of $665 million was slightly below estimates and fell 12.1% year over year. Earnings also declined from $0.99 per share in the prior-year quarter. Louisiana-Pacific Q2 earnings report
• Negative Sentiment: Revenue guidance was substantially below expectations: Management projected third-quarter revenue of $460 million to $470 million versus consensus of $684.3 million, and full-year 2026 revenue of approximately $1.7 billion versus consensus of $2.6 billion. The outlook raises concerns about weaker demand and near-term operating performance. Louisiana-Pacific earnings call

About Louisiana-Pacific

Louisiana-Pacific Corporation (NYSE: LPX) is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.

Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.