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Louisiana-Pacific (NYSE:LPX - Get Rating) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, August 9th. Analysts expect the company to announce earnings of $4.38 per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Louisiana-Pacific (NYSE:LPX - Get Rating) last announced its earnings results on Tuesday, May 3rd. The building manufacturing company reported $5.08 EPS for the quarter, beating analysts' consensus estimates of $4.54 by $0.54. The business had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.26 billion. Louisiana-Pacific had a net margin of 31.62% and a return on equity of 105.01%. The company's quarterly revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the company posted $3.01 EPS. On average, analysts expect Louisiana-Pacific to post $14 EPS for the current fiscal year and $6 EPS for the next fiscal year. Louisiana-Pacific Stock Performance

Shares of Louisiana-Pacific stock opened at $64.94 on Tuesday. The firm's fifty day simple moving average is $60.63 and its 200-day simple moving average is $64.74. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of 3.92 and a beta of 1.65. Louisiana-Pacific has a 12 month low of $49.98 and a 12 month high of $79.77. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.92 and a quick ratio of 2.09. Insider Buying and Selling

In other Louisiana-Pacific news, Director Lizanne C. Gottung sold 7,635 shares of the company's stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $75.02, for a total value of $572,777.70. Following the transaction, the director now directly owns 31,522 shares in the company, valued at approximately $2,364,780.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.26% of the company's stock. Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake in shares of Louisiana-Pacific by 2.5% during the 1st quarter. Captrust Financial Advisors now owns 9,020 shares of the building manufacturing company's stock valued at $560,000 after acquiring an additional 220 shares during the last quarter. First Republic Investment Management Inc. increased its stake in shares of Louisiana-Pacific by 8.6% during the 1st quarter. First Republic Investment Management Inc. now owns 3,514 shares of the building manufacturing company's stock valued at $218,000 after acquiring an additional 278 shares during the last quarter. Zions Bancorporation N.A. acquired a new position in shares of Louisiana-Pacific during the 1st quarter valued at about $25,000. Covestor Ltd increased its stake in shares of Louisiana-Pacific by 35.2% during the 1st quarter. Covestor Ltd now owns 1,720 shares of the building manufacturing company's stock valued at $107,000 after acquiring an additional 448 shares during the last quarter. Finally, Toroso Investments LLC increased its stake in shares of Louisiana-Pacific by 5.0% during the 1st quarter. Toroso Investments LLC now owns 24,274 shares of the building manufacturing company's stock valued at $1,508,000 after acquiring an additional 1,147 shares during the last quarter. 94.99% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes

LPX has been the topic of several recent research reports. Truist Financial initiated coverage on shares of Louisiana-Pacific in a research note on Wednesday, June 29th. They issued a "hold" rating and a $57.00 price objective on the stock. Bank of America cut shares of Louisiana-Pacific from a "buy" rating to a "neutral" rating and set a $67.00 price objective on the stock. in a research note on Thursday, June 23rd. The Goldman Sachs Group dropped their price objective on shares of Louisiana-Pacific from $90.00 to $65.00 and set a "neutral" rating on the stock in a research note on Thursday, June 23rd. Finally, TD Securities dropped their price objective on shares of Louisiana-Pacific from $85.00 to $75.00 and set a "buy" rating on the stock in a research note on Thursday, June 23rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $69.20.About Louisiana-Pacific (Get Rating)

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; Oriented Strand Board (OSB); Engineered Wood Products (EWP); and South America.Recommended StoriesGet a free copy of the StockNews.com research report on Louisiana-Pacific (LPX)Bloomin’ Brands Is Blossoming Is it Time to Cash Out of Signet Jewelers Stock?Green Your Portfolio With These StocksMarketBeat Podcast: Find Investing Opportunities For The Rest of 2022Deep Value High Yield Newell Brands Is Ready To Bottom 

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