) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day up 0.4%. By the end of trading, Louisiana-Pacific fell 7 cents (-0.7%) to $10.55 on light volume. Throughout the day, 2.3 million shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in price between $10.28-$10.66 after having opened the day at $10.47 as compared to the previous trading day's close of $10.62. Other company's within the Materials & Construction industry that declined today were:
), down 8.3%,
), down 7.3%,
), down 4.1%, and
), down 4%.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $1.45 billion and is part of the
sector. Shares are up 30.7% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate Louisiana-Pacific a buy, five analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates Louisiana-Pacific as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.
- You can view the full Louisiana-Pacific Ratings Report.
On the positive front,
), up 6.4%,
), up 5%,
), up 4.8%, and
), up 3.8%, were all gainers within the materials & construction industry with
) being today's featured materials & construction industry winner.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
) while those bearish on the materials & construction industry could consider
- Find other investment ideas from our top rated ETFs lists.