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In the latest trading session, Louisiana-Pacific (LPX) closed at $80.06, marking a -0.9% move from the previous day. This move lagged the S&P 500's daily gain of 0.07%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%.The home construction supplier's shares have seen a decrease of 11.35% over the last month, not keeping up with the Construction sector's loss of 3.35% and the S&P 500's gain of 4.34%.Analysts and investors alike will be keeping a close eye on the performance of L ...

The most recent trading session ended with Louisiana-Pacific (LPX) standing at $82.39, reflecting a -0.34% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.09%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.3%.The home construction supplier's shares have seen a decrease of 6.98% over the last month, not keeping up with the Construction sector's loss of 5% and the S&P 500's gain of 3.38%.T ...

Louisiana-Pacific (LPX) has been beaten down lately with too much selling pressure. While the stock has lost 7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Louisiana-Pacific Corporation (LPX) or LP’s stock has rallied so far this year despite the industry’s collective decline. The company’s shares have gained 21.2% in the year-to-date period against the Zacks Building Products – Wood industry’s 8.1% decline.The Zacks Construction sector and S&P 500 Index gained 5.6% and 14.9%, respectively, in the year-to-date period.LP’s efforts to increase penetration of Siding products in repair/remodeling and the rollout of SmartSide products are major boosts to the compan ...

A month has gone by since the last earnings report for Louisiana-Pacific (LPX) . Shares have added about 7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Louisiana-Pacific due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Louisiana-Pacific Q1 Earnings & Sales Beat, ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Louisiana-Pacific (LPX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this home construction supplier have returned +24.5% over the past month versus the Zacks S&P 500 composite's +5% change. The Zacks Building Products - Wood industry, to which Louisiana-Pacific belongs, has lost 0.3% over this period. Now the key question is: Where could the stock be headed in the near te ...

Although spending on home repair and remodel (R&R) activities has decreased from the peaks seen during the pandemic, given high rates and dwindling consumer confidence, there remains a persistent need for investment in critical replacements, addressing home performance deficiencies, and modernization efforts in the nation's aging homes. Fortunately, the pace of market decline is projected to slow down in the latter half of 2024. Residential remodeling is anticipated to capitalize on the recovering housing m ...

Louisiana-Pacific (LPX) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this home construction supplier, should get reflected in its stock price. After all, empirical research shows a strong corre ...