Is LouisianaPacific (LPX) Stock Outpacing Its Construction Peers This Year?

Zacks
02-12

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Louisiana-Pacific (LPX) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.

Louisiana-Pacific is a member of the Construction sector. This group includes 87 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Louisiana-Pacific is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for LPX's full-year earnings has moved 4.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, LPX has gained about 10.3% so far this year. Meanwhile, the Construction sector has returned an average of 2% on a year-to-date basis. As we can see, Louisiana-Pacific is performing better than its sector in the calendar year.

One other Construction stock that has outperformed the sector so far this year is VSE (VSEC). The stock is up 12% year-to-date.

For VSE, the consensus EPS estimate for the current year has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Louisiana-Pacific belongs to the Building Products - Wood industry, a group that includes 9 individual stocks and currently sits at #35 in the Zacks Industry Rank. Stocks in this group have gained about 9% so far this year, so LPX is performing better this group in terms of year-to-date returns.

VSE, however, belongs to the Engineering - R and D Services industry. Currently, this 17-stock industry is ranked #147. The industry has moved -5% so far this year.

Investors with an interest in Construction stocks should continue to track Louisiana-Pacific and VSE. These stocks will be looking to continue their solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report

VSE Corporation (VSEC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10