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Louisiana-Pacific (LPX)

As a leader in high-performance building solutions, LP manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as ® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile and Brazil.

Company profile

Ticker
LPX
Exchange
Website
CEO
William Southern
Employees
Incorporated
Location
Fiscal year end
Former names
LOUISIANA PACIFIC CORP
SEC CIK
Subsidiaries
Ketchikan Pulp Company • Entekra Holdings, LLC • Entekra, LLC • Entekra Truss, LLC • Louisiana-Pacific Canada Holdings Ltd. • Louisiana-Pacific Canada Ltd. • Resolute-LP EW Prime Ltd. Partnership • Resolute-LP EW Laruche Inc. • Slocan-LP OSB Corp. • Louisiana-Pacific South America S.A. ...
IRS number
930609074

LPX stock data

Analyst ratings and price targets

Last 3 months

Calendar

3 May 22
20 May 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 637M 637M 637M 637M 637M 637M
Cash burn (monthly) (no burn) 1.75M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 2.9M n/a n/a n/a n/a
Cash remaining n/a 634.1M n/a n/a n/a n/a
Runway (months of cash) n/a 362.3 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
17 May 22 Gottung Lizanne C Common Stock Other Dispose J No No 0 465 0 31,057
16 May 22 Mccoy Dustan E Common Stock Payment of exercise Dispose F No No 68.01 1,002 68.15K 29,066
16 May 22 Mccoy Dustan E Common Stock Option exercise Acquire M No No 8.92 7,635 68.1K 30,068
16 May 22 Mccoy Dustan E Non Qualified Stock Option Common Stock Option exercise Dispose M No No 8.92 7,635 68.1K 0
10 May 22 Southern William Bradley Common Stock Gift Dispose G No No 0 4,365 0 509,788
10 May 22 Southern William Bradley Common Stock Payment of exercise Dispose F No No 72.66 4,052 294.42K 514,153
10 May 22 Southern William Bradley Common Stock Option exercise Acquire M No No 20.49 14,341 293.85K 518,205
10 May 22 Southern William Bradley Stock settled stock appreciation right Common Stock Option exercise Dispose M No No 20.49 14,341 293.85K 0
5 May 22 Gottung Lizanne C Common Stock Sell Dispose S No No 75.02 7,635 572.78K 31,522
5 May 22 Gottung Lizanne C Common Stock Option exercise Acquire M No No 8.92 7,635 68.1K 39,157
5.0% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 78 71 +9.9%
Opened positions 11 11
Closed positions 4 13 -69.2%
Increased positions 28 22 +27.3%
Reduced positions 25 24 +4.2%
13F shares Current Prev Q Change
Total value 138.93M 144.88M -4.1%
Total shares 4.07M 3.97M +2.7%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Basswood Capital Management, L.L.C. 514.06K $17.54M -0.1%
Dimensional Fund Advisors 414.12K $14.13M -0.0%
Vanguard 326.2K $11.13M -0.3%
Pacific Ridge Capital Partners 324.91K $11.08M -0.2%
Endeavour Capital Advisors 290.08K $9.9M +2.2%
Renaissance Technologies 242.25K $8.26M +0.6%
Millennium Management 139.84K $4.77M +106.4%
BEN Franklin Resources 106.98K $3.65M -13.7%
Alliancebernstein 105.72K $3.61M -11.9%
Russell Investments 89.56K $3.05M -8.1%
Largest transactions Shares Bought/sold Change
Millennium Management 139.84K +72.1K +106.4%
IVZ Invesco 0 -56.41K EXIT
Kennedy Capital Management 55.58K +35.47K +176.4%
Congress Wealth Management LLC / DE 0 -34.7K EXIT
Arrowstreet Capital, Limited Partnership 0 -24.33K EXIT
Foundry Partners 77.05K -23.39K -23.3%
GS Goldman Sachs 51.27K +23.1K +82.0%
Jacobs Levy Equity Management 42.18K -18.6K -30.6%
AMP Ameriprise Financial 54.53K +18.46K +51.2%
BEN Franklin Resources 106.98K -16.94K -13.7%

Financial report summary

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Competition
Boise Cascade
Management Discussion
  • Our results of operations are separately discussed below for each of our segments, as well as for the “Other” category, which comprises other products that are not individually significant. See Note 18 of the Notes to the Condensed Consolidated Financial Statements included in Item 1 of this quarterly report on Form 10-Q for further information regarding our segments.
  • The Siding segment serves diverse end markets with a broad product offering of engineered wood siding, trim, and fascia, including LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions® (collectively referred to as Siding Solutions).
  • Siding Solutions price increases and higher sales of innovative products drove increases in both average net selling price and sales volume, resulting in 17% growth in Siding Solutions net sales. The decrease in Adjusted EBITDA of $7 million reflects price and volume growth offset by $26 million of raw material and freight cost inflation and $12 million of discretionary investments in support of future growth, including Houlton start up and sales and marketing costs.

Content analysis

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Positive
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Uncertain
Constraining
Legalese
Litigous
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