Why In The World Would I Care About Louisiana-Pacific Corporation (LPX), Telefonica, S.A. (TEF)

Louisiana-Pacific Corporation (NYSE:LPX) sank -1.03% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -13.33% and is now up by 8.6% since start of this year. A look at its monthly performance shows that the stock has recorded a 5.88% gain over the past 30 days. Its equity price climbed by 5.28% over the past three months which led to its overall six-month decrease to stand at -16.16%.

The shares of Louisiana-Pacific Corporation (LPX) dropped by -24.97% or -$8.03 from its last recorded high of $32.16 which it attained on December 09 to close at $24.13 per share. Over the past 52 weeks, the shares of Louisiana-Pacific Corporation has been trading as low as $20.39 before witnessing a massive surge by 18.34% or $3.74. This price movement has led to the LPX stock receiving more attention and has become one to watch out for. It jumped by 0.58% on Thursday and this got the market excited. The stock’s beta now stands at 1.4 and when compared to its 200-day moving average and its 50-day moving average, LPX price stands -7.28% below and 6.38% above respectively. Its average daily volatility for this week is 2.27% which is less than the 2.48% recorded over the past month.

Experts from research firms are bullish about the near-term performance of Louisiana-Pacific Corporation with most of them predicting a $28.67 price target on a short-term (12 months) basis. The average price target by the analysts will see a 18.81% rise in the stock and would lead to LPX’s market cap to surge to $4.09B. The stock has been rated an average 2.4, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 10 analysts that track Louisiana-Pacific Corporation (NYSE:LPX) and find out that 6 of them rated it as a Hold. 4 of the 4 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at LPX technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 57.46 point. Its trading volume has lost -486054 shares compared to readings over the past three months as it recently exchanged 1353946 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1840000 shares, and this is 0.74 times the normal volume.

The price of Telefonica, S.A. (NYSE:TEF) currently stands at $8.45 after it went down by $-0.24 or -2.76% and has found a strong support at $8.41 a share. If the TEF price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $8.38 mark would also be bad for the stock as it means that the stock would plunge by 0.83% from its current position. However, if the stock price is able to trade above the resistance point around $8.52, then it could likely surge higher to try and break the upward resistance which stands at $8.59 a share. Its average daily volatility over the past one month stands at 1.04%. The stock has plunged by 0.06% from its 52-weeks high of $8.445 which it reached on Apr. 26, 2018. In general, it is 8.88% above its 52-weeks lowest point which stands at $7.7 and this setback was observed on Dec. 09, 2018.

Analysts have predicted a price target for Telefonica, S.A. (TEF) for 1 year and it stands at an average $10.12/share. This means that it would likely increase by 19.76% from its current position. The current price of the stock has been moving between $8.445 and $8.55. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $6.59. On the other hand, one analyst is super bullish about the price, setting a target as high as $14.89.

The TEF stock Stochastic Oscillator (%D) is at 38.24%, which means that it is currently neutral. The shares P/S ratio stands at 0.79 which compares to the 3.34 recorded by the industry or the 2.99 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 9.76, which is lower than the 11.47 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -8.5% over the past five years.

Analysts view Telefonica, S.A. (NYSE:TEF) as a Hold, with 2.5 consensus rating. Reuters surveyed 2 analysts that follow TEF and found that 0 of those analysts rated the stock as a Hold. The remaining 2 were divided, with 1 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Telefonica, S.A. (TEF) shares or sell it if they already own it.