Lsb Industries Inc. (NYSE:LXU) Receives Average Rating of “Hold” from Analysts

Shares of Lsb Industries Inc. (NYSE:LXU) have been given an average rating of “Hold” by the five research firms that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $15.1667.

A number of equities research analysts have weighed in on the stock. Zacks Research cut shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Weiss Ratings upgraded shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $14.00 price target (up from $13.00) on shares of Lsb Industries in a research report on Tuesday, April 7th. UBS Group lifted their price target on shares of Lsb Industries from $9.75 to $16.50 and gave the company a “neutral” rating in a research report on Thursday, March 26th. Finally, Wall Street Zen upgraded shares of Lsb Industries from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 6th.

Lsb Industries Price Performance

Shares of LXU stock opened at $15.33 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.07 and a quick ratio of 2.85. The firm’s 50-day moving average is $14.07 and its two-hundred day moving average is $10.87. Lsb Industries has a 12 month low of $6.34 and a 12 month high of $17.22. The company has a market capitalization of $1.10 billion, a PE ratio of 24.33 and a beta of 0.38.

Lsb Industries (NYSE:LXU) last issued 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 net margin of 7.16% and a return on equity of 8.91%. The company had revenue of $169.49 million for the quarter, compared to the consensus estimate of $166.19 million. Analysts predict that Lsb Industries will post 0.53 earnings per share for the current year.

Insider Buying and Selling at Lsb Industries

In related news, Director Barry H. Golsen sold 25,501 shares of Lsb Industries stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $10.04, for a total value of $256,030.04. Following the completion of the transaction, the director owned 13,386 shares in the company, valued at approximately $134,395.44. The trade was a 65.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 46,635 shares of company stock valued at $468,083 in the last ninety days. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in shares of Lsb Industries in the fourth quarter valued at approximately $29,000. Russell Investments Group Ltd. grew its holdings in shares of Lsb Industries by 2,900.0% in the third 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 in the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Lsb Industries in the third quarter valued at approximately $42,000. Tower Research Capital LLC TRC grew its holdings in shares of Lsb Industries by 90.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock valued at $47,000 after purchasing an additional 2,856 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Lsb Industries in the fourth quarter valued at approximately $97,000. Institutional investors and hedge funds own 73.67% of the company’s stock.

Lsb Industries Company Profile

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.