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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.5%. By the end of trading, Louisiana-Pacific fell $0.22 (-1.3%) to $16.17 on average volume. Throughout the day, 2,094,368 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,723,100 shares. The stock ranged in price between $16.07-$16.52 after having opened the day at $16.38 as compared to the previous trading day's close of $16.39. Other companies within the Materials & Construction industry that declined today were: China Recycling Energy ( CREG), down 2.9%, US Concrete ( USCR), down 2.7%, Pure Cycle ( PCYO), down 2.7% and Nuverra Environmental Solutions ( NES), down 2.6%.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.3 billion and is part of the services sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are down 11.4% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Louisiana-Pacific a buy, 1 analyst rates it a sell, and 2 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

On the positive front, Patrick Industries ( PATK), up 6.0%, PGT ( PGTI), up 5.6%, Beazer Homes USA ( BZH), up 4.4% and M D C Holdings ( MDC), up 4.2% , were all gainers within the materials & construction industry with Lennar ( LEN) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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