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

Lsb Industries Inc. (NYSE:LXU) has received an average recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is $15.3333.

A number of brokerages have issued reports on LXU. Weiss Ratings upgraded Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, April 24th. Wall Street Zen upgraded Lsb Industries from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 14th. UBS Group set a $16.00 price target on Lsb Industries and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada restated a “sector perform” rating and issued a $15.00 price target (up from $14.00) on shares of Lsb Industries in a research note on Monday, May 11th. Finally, Jefferies Financial Group boosted their price target on Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a research note on Thursday, March 12th.

Insider Buying and Selling at Lsb Industries

In related news, SVP Kristy Carver sold 9,554 shares of Lsb Industries stock in a transaction on Monday, June 8th. The stock was sold at an average price of $12.38, for a total value of $118,278.52. Following the completion of the sale, the senior vice president owned 47,452 shares of the company’s stock, valued at $587,455.76. The trade was a 16.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lynn F. White sold 40,000 shares of Lsb Industries stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $11.80, for a total value of $472,000.00. Following the completion of the sale, the director directly owned 202,489 shares of the company’s stock, valued at $2,389,370.20. The trade was a 16.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 3.00% of the company’s stock.

Institutional Trading of Lsb Industries

Several large investors have recently modified their holdings of LXU. Arrowstreet Capital Limited Partnership bought a new stake in shares of Lsb Industries in the first quarter worth $11,458,000. Hillsdale Investment Management Inc. bought a new stake in Lsb Industries during the first quarter valued at about $4,416,000. Tudor Investment Corp ET AL grew its holdings in Lsb Industries by 581.8% during the fourth quarter. Tudor Investment Corp ET AL now owns 342,894 shares of the conglomerate’s stock valued at $2,915,000 after purchasing an additional 292,599 shares during the period. JPMorgan Chase & Co. grew its holdings in Lsb Industries by 104.8% during the third quarter. JPMorgan Chase & Co. now owns 365,601 shares of the conglomerate’s stock valued at $2,881,000 after purchasing an additional 187,108 shares during the period. Finally, Lazard Asset Management LLC grew its holdings in Lsb Industries by 301.7% during the fourth quarter. Lazard Asset Management LLC now owns 205,236 shares of the conglomerate’s stock valued at $1,745,000 after purchasing an additional 154,150 shares during the period. Institutional investors own 73.67% of the company’s stock.

Lsb Industries Stock Down 0.1%

Shares of NYSE:LXU opened at $11.37 on Friday. The stock has a fifty day simple moving average of $13.49 and a two-hundred day simple moving average of $11.80. The stock has a market capitalization of $817.60 million, a price-to-earnings ratio of 18.04 and a beta of 0.31. Lsb Industries has a 12-month low of $7.09 and a 12-month high of $17.22. The company has a current ratio of 3.07, a quick ratio of 2.85 and a debt-to-equity ratio of 0.81.

Lsb Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.14. The business had revenue of $169.49 million during the quarter, compared to analysts’ expectations of $166.19 million. Lsb Industries had a return on equity of 8.91% and a net margin of 7.16%. On average, research analysts anticipate that Lsb Industries will post 0.53 earnings per share for the current fiscal year.

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.