Louisiana Pacific traded at $70.60 this Friday June 5th, decreasing $0.69 or 0.97 percent since the previous trading session. Looking back, over the last four weeks, Louisiana Pacific lost 2.61 percent. Over the last 12 months, its price fell by 23.02 percent. Looking ahead, we forecast Louisiana Pacific to be priced at 74.86 by the end of this quarter and at 70.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Louisiana-Pacific Corporation is a provider of building solutions that meet the demands of builders, remodelers and homeowners. It operates through four segments: Siding, Oriented Strand Board (OSB), Engineered Wood Products (EWP) and South America. Siding segment serves various end markets with a product offering, including LP SmartSide Trim & Siding, LP SmartSide ExpertFinish Trim & Siding, LP BuilderSeries Lap Siding and LP Outdoor Building Solutions. The OSB segment manufactures and distributes OSB structural panel products, including its OSB portfolio known as LP Structural Solutions. EWP segment consists of LP SolidStart I-Joist (I-Joist), Laminated Veneer Lumber (LVL), and Laminated Strand Lumber (LSL) and other related products. This segment also includes the sales of I-Joist and LVL products produced by its joint venture and sales of plywood. South America segment manufactures and distributes OSB structural panel and siding products in South America and certain export markets.