Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Louisiana-Pacific fell $0.48 (-2.5%) to $18.59 on average volume. Throughout the day, 3,724,446 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,500,700 shares. The stock ranged in price between $18.38-$18.98 after having opened the day at $18.98 as compared to the previous trading day's close of $19.07. Other companies within the Wholesale industry that declined today were:
), down 6.6%,
), down 3.9%,
), down 3.4% and
), down 2.6%.
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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 $2.6 billion and is part of the services sector. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are down 1.3% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Louisiana-Pacific a buy, 3 analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates Louisiana-Pacific as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Louisiana-Pacific Ratings Report.
On the positive front,
), down 4.8%,
), down 2.7%,
), down 2.0% and
), down 1.5% , were all gainers within the wholesale industry with
) being today's featured wholesale industry leader.
- Use our wholesale 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 wholesale industry could consider
) while those bearish on the wholesale industry could consider
- Find other investment ideas from our top rated ETFs lists.
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