Louisiana-Pacific Corp. (LPX): Today's Featured Materials & Construction Laggard

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.

Louisiana-Pacific ( LPX) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Louisiana-Pacific fell 21 cents (-1.6%) to $12.79 on average volume. Throughout the day, five million shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3.9 million shares. The stock ranged in price between $12.69-$13.14 after having opened the day at $12.83 as compared to the previous trading day's close of $13. Other companies within the Materials & Construction industry that declined today were: Avalon Holdings ( AWX), down 4.7%, Real Goods Solar ( RSOL), down 4.5%, Goldfield ( GV), down 3.9%, and Skyline Corporation ( SKY), down 3%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

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 $1.75 billion and is part of the industrial goods sector. Shares are up 57.1% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates Louisiana-Pacific a buy, five analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Louisiana-Pacific as a hold. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share.

On the positive front, Hovnanian ( HOV), up 12.2%, Standard Pacific ( SPF), up 9.1%, Lennar Corporation ( LEN.B), up 7%, and Lennar Corporation ( LEN), up 6.9%, were all gainers within the materials & construction industry with DR Horton ( DHI) being today's featured materials & construction industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing