Louisiana-Pacific (LPX)

• Market cap: $7.33B
• 1 day: 1.22%
• 5 days: -7.44%
• 1 month: -6.28%
• 3 months: -1.09%
• 6 months: 20.51%
• Year to date: 49.72%
• 1 year: 50.04%
• 5 years: 252.46%
• 10 years: 525.52%
• Sector: Materials
• Industry: Lumber And Wood Products, Except Furniture

About: Louisiana-Pacific is primarily an oriented strand board producer and also offers engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.

Employees: 4,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

40% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]

26% more capital invested

Capital invested by funds: $5.44B [Q2] → $6.85B (+$1.41B) [Q3]

20% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 59

3% more funds holding

Funds holding: 432 [Q2] → 444 (+12) [Q3]

1.35% less ownership

Funds ownership: 92.27% [Q2] → 90.92% (-1.35%) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 161

38% less call options, than puts

Call options by funds: $57.3M | Put options by funds: $92.4M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $99 5% downside
• Avg. target: $115 10% upside
• High target: $125 20% upside

6 analyst ratings

• positive: 3 50%
• neutral: 2 33%
• negative: 1 17%

BMO Capital Ketan Mamtora 43% 1-year accuracy 3 / 7 met price target	1% downside $103	Market Perform Maintained	12 Nov 2024
TD Securities Sean Steuart 0 / 0 met price target	18% upside $123	Hold Maintained	6 Nov 2024
DA Davidson Steven Chercover 67% 1-year accuracy 2 / 3 met price target	20% upside $125	Buy Maintained	6 Nov 2024
Goldman Sachs Susan Maklari 36% 1-year accuracy 10 / 28 met price target	5% downside $99	Sell Maintained	6 Nov 2024
RBC Capital Matthew McKellar 38% 1-year accuracy 8 / 21 met price target	20% upside $125	Outperform Maintained	6 Nov 2024