Shares of Luxfer Holdings PLC (NYSE:LXFR) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price objective of $13.50 for the company and are forecasting that the company will post $0.20 EPS for the current quarter, according to Zacks. Zacks has also given Luxfer Holdings PLC an industry rank of 97 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered Luxfer Holdings PLC from a “hold” rating to a “sell” rating in a research report on Friday, March 10th.
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Several hedge funds and other institutional investors have recently added to or reduced their stakes in LXFR. Norges Bank bought a new position in Luxfer Holdings PLC during the fourth quarter worth about $2,569,000. Acadian Asset Management LLC raised its position in Luxfer Holdings PLC by 39.7% in the third quarter. Acadian Asset Management LLC now owns 512,213 shares of the industrial products company’s stock worth $5,937,000 after buying an additional 145,445 shares during the last quarter. Nantahala Capital Management LLC raised its position in Luxfer Holdings PLC by 10.2% in the third quarter. Nantahala Capital Management LLC now owns 1,178,078 shares of the industrial products company’s stock worth $13,654,000 after buying an additional 108,577 shares during the last quarter. Harber Asset Management LLC raised its position in Luxfer Holdings PLC by 18.5% in the third quarter. Harber Asset Management LLC now owns 379,032 shares of the industrial products company’s stock worth $4,393,000 after buying an additional 59,308 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Luxfer Holdings PLC by 25.4% in the third quarter. Wells Fargo & Company MN now owns 146,235 shares of the industrial products company’s stock worth $1,695,000 after buying an additional 29,603 shares during the last quarter. 88.01% of the stock is currently owned by institutional investors and hedge funds.
Shares of Luxfer Holdings PLC (NYSE:LXFR) traded up 0.54% during trading on Friday, reaching $11.11. 12,005 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $11.64 and a 200 day moving average price of $11.02. The company has a market capitalization of $293.47 million, a P/E ratio of 13.55 and a beta of 0.85. Luxfer Holdings PLC has a 12-month low of $9.28 and a 12-month high of $13.60.
Luxfer Holdings PLC (NYSE:LXFR) last released its quarterly earnings results on Tuesday, March 7th. The industrial products company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by $0.01. The firm had revenue of $96.10 million for the quarter. Luxfer Holdings PLC had a return on equity of 17.81% and a net margin of 6.13%. Equities analysts expect that Luxfer Holdings PLC will post $1.05 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 3rd. Shareholders of record on Thursday, April 13th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 4.34%. The ex-dividend date of this dividend is Tuesday, April 11th. Luxfer Holdings PLC’s dividend payout ratio (DPR) is 49.48%.
About Luxfer Holdings PLC
Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.
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