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 $73.89, up 0.9% from the previous day, and has increased 21.39% in one year. It has underperformed other stocks in the Building Products & Equipment industry by 0.39 percentage points. Louisiana Pacific stock is currently +49.36% from its 52-week low of $49.47, and -12.6% from its 52-week high of $84.54.
At the moment, there are 72.25M LPX shares outstanding. The market capitalization of LPX is $5.34B. In the last 24 hours, 552,864 LPX shares were traded.
How to Buy Louisiana Pacific Stock
Wondering how to invest in Louisiana Pacific stock? Here's how.
- Decide where to buy Louisiana Pacific stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Louisiana Pacific stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- 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 research website can help you evaluate if LPX is a good stock to buy).
- Execute your LPX purchase: Decide if you will purchase LPX shares at the current market price or use a limit order to buy LPX stock at a particular price.
- Keep tabs on your LPX position: Create a watchlist to important updates regarding your investment in Louisiana Pacific shares.
Step 1: Decide where to buy Louisiana Pacific stock
You will need a brokerage account to access the NYSE market and buy LPX stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you can invest in LPX today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you have created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details transferring money into your brokerage account.
Step 4: Analyze Louisiana Pacific stock
After you have figured out the best place to buy Louisiana Pacific stock, it's important to analyze their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Overview of key LPX info
LPX Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on LPX's stock page.
How is LPX stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge LPX's true value.
Using relative valuations measures:
- LPX may be overvalued based on its P/E ratio of 29.91x, relative to Building Products & Equipment industry P/E ratio of 27.08x
- LPX could be undervalued based on its P/B ratio of 3.43x, relative to Building Products & Equipment industry P/B ratio of 5.32x
- LPX may be undervalued based on its PEG ratio of 0.25x
You can access more valuation analysis on LPX's stock here.
LPX Financial Health Overview
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LPX balance sheet.
- LPX has $222.00M in cash and short term investments. This is enough to cover its annual cash burn of $64.00M.
- There are more short-term assets than short-term liabilities on the LPX balance sheet.
- LPX has cash burn of 64000000. It has enough cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- Total LPX debt is higher than 5 years ago, relative to shareholder equity.
- LPX has a relatively high debt to equity ratio of 0.57.
- LPX profit margin has gone down from 28.2% to 6.9% in the past year.
Do Wall Street analysts think it's a good time to buy LPX stock
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 note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent LPX Analyst Recommendations
Susan Maklari, a bottom 12% analyst from Goldman Sachs maintains LPX with a hold rating and raises their LPX price target from $57.00 to $64.00, on Dec 14, 2023.
You can dive deeper into what analysts are forecasting on the Louisiana Pacific stock forecast page.
LPX Trading Indicators
LPX Growth Numbers
Last year, LPX earnings were $178.00M. Over the past 5 year, LPX's earnings have grown by -2.2% per year. This was slower than the Building Products & Equipment industry average of 10.88%.
Last year, LPX revenue was $2.58B. Over the last 5 year, LPX's revenue has gone up by -1.81% per year. This was slower than the Building Products & Equipment industry average of 7.84%.
You can analyze LPX's earnings and revenue performance here.
Who is buying/selling LPX?
In the past year, 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 $27,621.44 worth of LPX shares on Mar 15, 2024.
Get more info about who owns LPX stock here.
Can I rely on LPX as an income stream?
Louisiana Pacific pays a dividend of 1.33%, compared to the Building Products & Equipment industry's average dividend yield of 1.07%. If you owned $1,000 worth of LPX stock, you would have received $13.26 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.
LPX Social Trading Data
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Step 5: Execute your LPX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will place your order.
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Step 6: Keep tabs on your LPX position
Now that you own some LPX shares, you'll want to stay up-to-date on your new shares.
Make a watchlist to monitor your LPX stock.
LPX Feed
How to Buy Stock in Louisiana Pacific
To summarize, here are the 6 steps to buy Louisiana Pacific stock:
- Decide where to buy Louisiana Pacific stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Louisiana Pacific stock
- Execute your LPX purchase
- Keep tabs on your LPX position
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Get Started with eToro TodayIf you would like to keep track of your investment in Louisiana Pacific, click the button below.
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