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How to Buy Louisiana Pacific Stock

Louisiana Pacific Corp

Louisiana Pacific is a building product & equipment company located in Tennessee, United States, which is part of the Basic Materials sector, and is traded under the ticker LPX on the NYSE exchange.

Louisiana Pacific stock last closed at $89.63, up 3.42% from the previous day, and has increased 14.03% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.3 percentage points. Louisiana Pacific stock is currently +81.18% from its 52-week low of $49.47, and -6.34% from its 52-week high of $95.70.

As of Jul 16, 2024, there are 71.67M shares of LPX outstanding. The market capitalization of LPX is $6.42B. In the last 24 hours, 586,661 LPX shares were traded.

How to Buy Louisiana Pacific Stock

Wondering how to invest in Louisiana Pacific stock? Here's how.
  1. Decide where to buy Louisiana Pacific stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Louisiana Pacific stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your information.
  4. Analyze Louisiana Pacific stock: The Louisiana Pacific ticker symbol is LPX. Is Louisiana Pacific stock a good investment? Should you buy shares of LPX? How do LPX's underlying business fundamentals look? Do top analysts think Louisiana Pacific is a good buy? Why has LPX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if LPX is a good stock to buy).
  5. Execute your LPX purchase: Decide if you will purchase LPX shares at the current market price or use a limit order to buy LPX shares at a specific price.
  6. Keep tabs on your LPX position: Create a watchlist to important notifications about your position in Louisiana Pacific shares.

Step 1: Decide where to buy Louisiana Pacific stock

You will need an online brokerage account to access the NYSE market and buy LPX stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal information so you can buy LPX stock today.

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Step 3: Deposit money your brokerage account

Now that you have opened your account on app for stock market, you need to deposit funds:

Check out this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Analyze Louisiana Pacific stock

Once you have selected the best place to buy Louisiana Pacific stock, it's very important to research their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.

Overview of key LPX info

LPX Price
$89.63
1w %
11.95%
1y %
14.03%
5y %
241.97%
P/E
24.49x
P/B
3.97x
P/S
2.37x
PEG
1.37x
Revenue
$2.72B
Earnings
$265.00M
Fore. Rev. Growth
4.77%
Fore. Earn. Growth
19.85%
Market Cap
$6.42B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

LPX Overview

WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on LPX's stock page.

What is the fair value of LPX stock?

Analysts use many financial metrics, analyses, models, and charts to gauge LPX's fair value.

Using relative valuations methods:

  • LPX may be undervalued based on its P/E ratio of 24.49x, relative to Building Products & Equipment industry P/E ratio of 31.05x
  • LPX may be undervalued based on its P/B ratio of 3.97x, relative to Building Products & Equipment industry P/B ratio of 5.75x
  • LPX could be overvalued based on its PEG ratio of 1.37x

You can do additional valuation research on LPX's stock here.

LPX Financial Health Summary

Passed Health Checks:

  • Total LPX debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the LPX balance sheet.
  • LPX earnings of $395.00M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the LPX balance sheet.
  • LPX's operating cash flow of $540.00M allows it to safely service it's debt of $371.00M.

Failed Health Checks:

  • LPX has a relatively high debt to equity ratio of 0.54.
  • LPX profit margin has gone down from 19% to 9.7% in the past year.

Is LPX stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 6 sell side analysts who give ratings on LPX, the consensus analyst rating on Louisiana Pacific is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent LPX Analyst Recommendations

Kurt Yinger, a top 19% analyst from DA Davidson reiterates LPX with a strong buy rating and maintains their LPX price target from $76.00 to $76.00, on Feb 13, 2024.

You can dive deeper into what analysts are forecasting on the Louisiana Pacific stock forecast page.

LPX Technicals

SMA10
83.31
SMA20
84.06
SMA50
86.94
SMA100
81.83
SMA200
72.18
MACD
-0.45
MACD Signal
-1.16
MACD Histogram
0.72
RSI
62.74
Stochastic %K
89.68
Stochastic %D
75.08
StochRSI %K
100
StochRSI %D
93.11

LPX Growth Metrics

Last year, LPX earnings were $265.00M. Over the past 5 year, LPX's earnings have grown by 9.36% per year. This was slower than the Building Products & Equipment industry average of 10.59%.

Last year, LPX revenue was $2.72B. In the last five year, LPX's revenue has gone up by 0.01% per year. This was slower than the Building Products & Equipment industry average of 7.33%.

Find out more about LPX's earnings and revenue performance here.

Are LPX executives and large shareholders buying or selling the stock?

Over the past 12 months, executives and large shareholders at LPX have sold more shares than they have bought.

Lizanne C. Gottung, Director of LPX, was the latest LPX insider to sell. They sold $77,862.40 worth of LPX shares on Jun 17, 2024.

Research more about who owns LPX shares here.

Does LPX stock generate passive income?

Louisiana Pacific pays a dividend of 1.12%, compared to the Building Products & Equipment industry's average dividend yield of 0.98%. If you owned $1,000 of LPX stock, you would have been paid $11.16 in the past year.

Louisiana Pacific dividend payments have consistently grown over the past decade and have remained stable.

Find more data about Louisiana Pacific dividend yield and history here.

What others are saying about LPX

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your LPX purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open Trade button and eToro will execute the order.

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Step 6: Keep tabs on your LPX position

Now that you own some shares in LPX, you'll want to stay up-to-date on your new stock purchase.

Put LPX on a watchlist to track your LPX stock.

LPX Feed

How to Buy Stock in Louisiana Pacific

To reiterate, here are the 6 steps to buy stock in Louisiana Pacific:

  1. Decide where to buy Louisiana Pacific stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Louisiana Pacific stock
  5. Execute your LPX purchase
  6. Keep tabs on your LPX position

If you require a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Louisiana Pacific, get started below.

NYSE: LPX
$89.63+2.96 (+3.42%)
Updated Jul 16, 2024
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NYSE: LPX
$89.63+2.96 (+3.42%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Louisiana Pacific share?

As of Jul 16, 2024, it costs $89.63 to buy one share of Louisiana Pacific stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.112 shares of LPX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Louisiana Pacific stock?

According to 6 Wall Street analysts who monitor Louisiana Pacific, their consensus recommendation is to buy Louisiana Pacific stock.

What is the best way to buy Louisiana Pacific stock?

One way to place an order for Louisiana Pacific stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.