Luxfer (NYSE:LXFR) Updates FY 2021 After-Hours Earnings Guidance

Luxfer (NYSE:LXFR) updated its FY 2021
After-Hours earnings guidance on Tuesday. The company provided earnings per share guidance of 1.05-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.21.

LXFR has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Luxfer from a buy rating to a sell rating in a report on Tuesday, November 3rd. TheStreet raised Luxfer from a c rating to a b- rating in a report on Tuesday, December 8th. Finally, Roth Capital lifted their price target on Luxfer from $17.00 to $22.50 and gave the stock a buy rating in a report on Tuesday.

LXFR stock traded up $0.01 during trading on Tuesday, hitting $19.46. The company had a trading volume of 158,095 shares, compared to its average volume of 98,526. The firm has a market cap of $537.52 million, a PE ratio of 52.57, a price-to-earnings-growth ratio of 1.25 and a beta of 0.99. Luxfer has a 1-year low of $10.27 and a 1-year high of $20.36. The firm has a 50-day moving average price of $17.47 and a 200-day moving average price of $15.14. The company has a quick ratio of 0.81, a current ratio of 1.72 and a debt-to-equity ratio of 0.28.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 4th. Shareholders of record on Friday, January 15th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Thursday, January 14th. Luxfer’s payout ratio is 38.46%.

Luxfer Company Profile

Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas cylinders for transportation, defense and emergency response, healthcare, and general industrial end-market applications. It operates in two segments, Gas Cylinders and Elektron.

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