Truist Financial Reaffirms Buy Rating for Louisiana-Pacific (NYSE:LPX)

Key Points

• Truist reaffirmed its Buy rating on Louisiana-Pacific but lowered its price target to $84 from $89, implying about 9.2% upside from the prior close.
• Louisiana-Pacific beat quarterly estimates, reporting EPS of $0.39 versus $0.21 expected and revenue of $690 million versus $671.3 million; revenue grew 4.2% year over year.
• Analyst sentiment remains broadly positive: the stock has a “Moderate Buy” consensus rating and an average price target of $88.58.

Louisiana-Pacific (NYSE:LPX - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Truist Financial in a research report issued on Wednesday, Benzinga reports. They currently have a $84.00 target price on the building manufacturing company's stock, down from their previous target price of $89.00. Truist Financial's price target points to a potential upside of 9.19% from the company's previous close.

A number of other analysts have also recently commented on LPX. Weiss Ratings upgraded Louisiana-Pacific from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, September 2nd. Barclays dropped their target price on Louisiana-Pacific from $92.00 to $88.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 6th. The Goldman Sachs Group cut their price target on Louisiana-Pacific from $74.00 to $64.00 and set a "sell" rating for the company in a research note on Monday, October 12th. Wolfe Research started coverage on shares of Louisiana-Pacific in a research report on Thursday, September 10th. They set an "outperform" rating and a $90.00 price target for the company. Finally, Oppenheimer lowered their price objective on shares of Louisiana-Pacific from $107.00 to $104.00 and set an "outperform" rating on the stock in a research note on Monday, October 26th. Eleven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $88.58.

Louisiana-Pacific Stock Performance

NYSE:LPX traded up $3.14 during trading hours on Wednesday, reaching $76.93. The company had a trading volume of 388,029 shares, compared to its average volume of 1,156,668. The company has a current ratio of 3.22, a quick ratio of 1.67 and a debt-to-equity ratio of 0.20. Louisiana-Pacific has a 52 week low of $62.18 and a 52 week high of $100.34. The firm has a market cap of $5.38 billion, a price-to-earnings ratio of 97.01, a PEG ratio of 5.88 and a beta of 1.67. The firm's 50 day moving average price is $68.54 and its 200-day moving average price is $75.25.

Louisiana-Pacific (NYSE:LPX - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The building manufacturing company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.18. The business had revenue of $690.00 million during the quarter, compared to analyst estimates of $671.27 million. Louisiana-Pacific had a net margin of 2.19% and a return on equity of 4.67%. The company's quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 EPS. On average, analysts forecast that Louisiana-Pacific will post 1.13 EPS for the current year.

Institutional Trading of Louisiana-Pacific

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Berkshire Hathaway Inc purchased a new stake in shares of Louisiana-Pacific during the second quarter worth about $445,593,000. Legal & General Group Plc purchased a new position in Louisiana-Pacific in the 2nd quarter worth approximately $7,219,000. Bank of America Corp DE purchased a new position in Louisiana-Pacific in the 2nd quarter worth approximately $26,389,000. Principal Financial Group Inc. boosted its stake in Louisiana-Pacific by 20.5% in the 1st quarter. Principal Financial Group Inc. now owns 497,852 shares of the building manufacturing company's stock worth $36,219,000 after purchasing an additional 84,661 shares during the period. Finally, Maple Rock Capital Partners Inc. boosted its stake in Louisiana-Pacific by 36.8% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,521,859 shares of the building manufacturing company's stock worth $119,709,000 after purchasing an additional 409,300 shares during the period. Hedge funds and other institutional investors own 94.73% of the company's stock.

Key Stories Impacting Louisiana-Pacific

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

• Positive Sentiment: For the quarter ended September 2026, LPX reported earnings of $0.39 per share, above the $0.21 analyst consensus, and revenue of $690 million, ahead of the $671.3 million estimate. Revenue rose 4.2% year over year. Louisiana-Pacific Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Siding sales reached a record $473 million, an encouraging sign for a key business segment and a likely contributor to investor optimism after the results. Louisiana-Pacific Shares Rise as Q3 Earnings Beat and Siding Sales Reach a Record
• Neutral Sentiment: Truist cut its price target to $84 from $89 but kept its Buy rating. The lower target may temper sentiment, while the unchanged rating indicates the analyst remains constructive. Truist Trims Price Target, Keeps Buy Rating

About Louisiana-Pacific

Louisiana-Pacific Corporation NYSE: LPX is a manufacturer of building products used in residential, repair and remodeling, and outdoor construction. The company produces engineered wood products designed for use in structural framing, exterior siding, trim, and other building applications.

Its product portfolio includes LP SmartSide siding and trim, oriented strand board and other structural panel products, and solutions for outdoor buildings and construction projects. Louisiana-Pacific markets its products through building-material distributors, retailers, and specialty dealers.

Founded in 1972, Louisiana-Pacific is headquartered in Nashville, Tennessee.

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