Added to YB: 2024-05-16
Pitch date: 2024-03-31
LPX [bullish]
Louisiana-Pacific Corporation
-13.95%
current return
Author Info
No bio for this author
Company Info
Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions for applications in new home construction, repair and remodeling, and outdoor structure markets in the United States, Canada, and South America.
Market Cap
$4.9B
Pitch Price
$81.51
Price Target
N/A
Dividend
1.71%
EV/EBITDA
15.54
P/E
60.03
EV/Sales
2.00
Sector
Paper and Forest Products
Category
turnaround
Cooper Investors Global Equities Fund Portfolio Holding: Louisiana-Pacific Corporation
LPX: Commodity-to-specialty transformation. Siding gaining popularity with builders - cheaper, lighter, more durable than alternatives like fiber cement. CEO remixing biz from OSB to siding by repurposing mills, innovating products. Can gain share from vinyl, PVC, displace James Hardie. Risks: Breaching large builder relationships takes time, though Lennar deal encouraging.
Read full article (2 min)