LSB Industries, Inc. (NYSE:LXU) Receives Consensus Recommendation of “Hold” from Analysts

LSB Industries, Inc. (NYSE:LXU) has been assigned an average recommendation of “Hold” from the four ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $9.69.

Several research firms have recently commented on LXU. Royal Bank of Canada reiterated an “outperform” rating and set a $10.00 price objective on shares of LSB Industries in a research note on Monday, August 12th. UBS Group dropped their price target on LSB Industries from $9.25 to $8.75 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Deutsche Bank Aktiengesellschaft raised their price objective on LSB Industries from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Finally, Piper Sandler lifted their target price on LSB Industries from $8.80 to $9.00 and gave the stock an “underweight” rating in a report on Thursday, August 8th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. nVerses Capital LLC purchased a new position in LSB Industries in the second quarter valued at $34,000. Bayesian Capital Management LP purchased a new position in shares of LSB Industries in the 1st quarter valued at about $97,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in LSB Industries by 154.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,657 shares of the conglomerate’s stock worth $109,000 after purchasing an additional 7,074 shares during the period. Squarepoint Ops LLC purchased a new position in LSB Industries during the second quarter worth approximately $116,000. Finally, Susquehanna Fundamental Investments LLC purchased a new position in LSB Industries during the second quarter worth approximately $118,000. 73.67% of the stock is currently owned by hedge funds and other institutional investors.

LSB Industries Trading Down 0.8 %

Shares of NYSE:LXU opened at $7.13 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 3.41 and a quick ratio of 3.19. The firm has a market capitalization of $510.65 million, a P/E ratio of 29.71, a P/E/G ratio of 1.33 and a beta of 0.83. The business’s 50-day moving average is $8.04 and its 200 day moving average is $8.29. LSB Industries has a 1 year low of $6.74 and a 1 year high of $10.83.

LSB Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, July 31st. The conglomerate reported $0.13 EPS for the quarter, meeting the consensus estimate of $0.13. The firm had revenue of $140.07 million during the quarter, compared to analyst estimates of $147.09 million. LSB Industries had a net margin of 0.40% and a return on equity of 1.29%. On average, research analysts predict that LSB Industries will post 0.22 earnings per share for the current fiscal year.

LSB Industries Company Profile

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.