Lsb Industries Inc. (NYSE:LXU) Given Consensus Recommendation of “Hold” by Analysts

Shares of Lsb Industries Inc. (NYSE:LXU) have earned an average rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $15.3333.

A number of research firms have issued reports on LXU. Wall Street Zen raised Lsb Industries from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings raised shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, April 24th. Jefferies Financial Group boosted their price target on shares of Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a research report on Thursday, March 12th. UBS Group set a $16.00 price target on shares of Lsb Industries and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $15.00 price objective (up from $14.00) on shares of Lsb Industries in a research report on Monday, May 11th.

Lsb Industries Trading Down 0.1%

Shares of Lsb Industries stock opened at $13.03 on Tuesday. Lsb Industries has a twelve month low of $7.09 and a twelve month high of $17.22. The company has a quick ratio of 2.85, a current ratio of 3.07 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average price of $14.55 and a 200-day moving average price of $11.38. The firm has a market cap of $937.02 million, a price-to-earnings ratio of 20.67 and a beta of 0.38.

Lsb Industries (NYSE:LXU) last posted its earnings results on Wednesday, April 29th. The conglomerate reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.14. Lsb Industries had a return on equity of 8.91% and a net margin of 7.16%.The company had revenue of $169.49 million for the quarter, compared to the consensus estimate of $166.19 million. Equities research analysts anticipate that Lsb Industries will post 0.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LXU. Kestra Advisory Services LLC purchased a new position in Lsb Industries in the fourth quarter worth about $29,000. Russell Investments Group Ltd. lifted its stake in shares of Lsb Industries by 2,900.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock valued at $35,000 after purchasing an additional 4,350 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Lsb Industries in the 3rd quarter worth approximately $42,000. Tower Research Capital LLC TRC boosted its holdings in shares of Lsb Industries by 90.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 2,856 shares during the period. Finally, Quarry LP bought a new position in shares of Lsb Industries during the 3rd quarter valued at approximately $94,000. Institutional investors own 73.67% of the company’s stock.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.