LSB Industries, Inc. (NYSE:LXU) Receives $9.69 Average PT from Brokerages

LSB Industries, Inc. (NYSE:LXU) has been assigned a consensus rating of “Hold” from the four research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $9.69.

Several brokerages recently commented on LXU. Royal Bank of Canada restated an “outperform” rating and set a $10.00 target price on shares of LSB Industries in a research report on Monday, August 12th. UBS Group cut their target price on shares of LSB Industries from $9.25 to $8.75 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. Finally, Piper Sandler raised their price objective on LSB Industries from $8.80 to $9.00 and gave the company an “underweight” rating in a research note on Thursday, August 8th.

Institutional Trading of LSB Industries

Institutional investors and hedge funds have recently modified their holdings of the stock. nVerses Capital LLC bought a new stake in LSB Industries during the second quarter worth $34,000. Bayesian Capital Management LP bought a new stake in shares of LSB Industries in the 1st quarter worth $97,000. Squarepoint Ops LLC purchased a new stake in shares of LSB Industries in the second quarter valued at about $116,000. Susquehanna Fundamental Investments LLC bought a new position in shares of LSB Industries during the second quarter valued at about $118,000. Finally, SG Americas Securities LLC purchased a new position in LSB Industries during the third quarter worth about $151,000. 73.67% of the stock is owned by hedge funds and other institutional investors.

LSB Industries Stock Down 2.6 %

LSB Industries stock opened at $8.24 on Tuesday. The firm has a market cap of $589.52 million, a price-to-earnings ratio of 34.33, a PEG ratio of 1.43 and a beta of 0.82. LSB Industries has a 52-week low of $6.74 and a 52-week high of $10.59. The company has a debt-to-equity ratio of 0.92, a quick ratio of 3.19 and a current ratio of 3.41. The firm has a 50 day moving average price of $7.89 and a two-hundred day moving average price of $8.34.

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