Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. Its Oriented Strand Board segment manufactures and distributes oriented strand board structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP NovaCore, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The LP South America segment manufactures and distributes oriented strand board structural panel and siding products. This segment distributes and sells related products for the region’s transition to wood frame construction. It offers timber and timberlands and other products and services. sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. The company was incorporated in 1972 and is headquartered in Nashville, Tennessee.
Siding Success | Louisiana-Pacific's strategic shift to Siding drives growth, with the segment outperforming expectations and positioning the company for stable, long-term expansion |
Market Dynamics | Explore how unexpected OSB price surges benefit LPX's cash flow, potentially fueling increased share repurchases and strategic investments in 2024 |
Competitive Challenges | Delve into the intensifying competition in the Siding market, as homebuilders diversify suppliers and premium offerings pressure margins |
Financial Projections | Analyst price targets range from $75 to $105, with revenue expected to grow to $3.25 billion by 2026, despite cautious near-term EBITDA forecasts |
Metrics to compare | LPX | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipLPXPeersSector | |
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P/E Ratio | 18.3x | −3.7x | −0.1x | |
PEG Ratio | 0.07 | −0.23 | 0.00 | |
Price/Book | 4.6x | 0.8x | 1.6x | |
Price / LTM Sales | 2.6x | 0.8x | 1.3x | |
Upside (Analyst Target) | 7.5% | 4.2% | 24.5% | |
Fair Value Upside | Unlock | 2.2% | 0.4% | Unlock |