LPX

Louisiana-Pacific Corp.

Industrial/Transportation


Presented:09/20/2023
Price:$57.62
Cap:$4.15B
Current Price:$103.44
Cap:$7.27B

Presented

Date09/20/2023
Price$57.62
Market Cap$4.15B
Ent Value$5.74B
P/E Ratio42.3x
Book Value$19.68
Div Yield1.63%
Shares O/S72.11M
Ave Daily Vol1,028,550
Short Int3.08%

Current

Price$103.44
Market Cap$7.27B
Louisiana-Pacific Corp. engages in the provision of building solutions. It operates through the following segments: Siding, Oriented Strand Board (OSB), South America, and Other. The Siding segment offers engineered wood siding under the brands of LP, SmartSide, Trim and Siding LP, SmartSide, ExpertFinish, Trim and Siding, LP BuilderSeries, Lap Siding, and Outdoor Building Solutions. The OSB segment includes structural panel products for roof decking, sidewall sheathing, and floor underlayment. The South American manufactures and distributes OSB structural panel and siding products in South America and certain export markets. The Other segment refers to off-site framing operations, remaining timber and timberlands, and other minor products, services, and closed operations. The company was founded in 1972 and is headquartered in Nashville, TN.

Publicly traded companies mentioned herein: James Hardie Industries plc (JHX), Louisiana-Pacific Corp (LPX)

Highlights

The presenter is short shares of Louisiana-Pacific Corp (LPX), squaring off against bulls who he believes are overly optimistic around demand for LP SmartSide, which is expected to take share from JHX’s Hardie Board Siding. His cautious view stems in part from JHX’s competitive practices, which will likely see the company be aggressive to win business. He expects LPX expectations to come in, with the stock trading closer to its historical EBITDA range for ~20% downside.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.