Added to YB: 2024-05-16
Pitch date: 2024-03-31
LPX [bullish]
Louisiana-Pacific Corporation
+5.5%
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.
Market Cap
$5.3B
Pitch Price
$82.15
Price Target
N/A
Dividend
1.49%
EV/EBITDA
11.00
P/E
24.97
EV/Sales
1.88
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.
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