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

Shares of Lsb Industries Inc. (NYSE:LXU) have received an average rating of “Hold” from the five research firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $15.3333.

A number of research firms have recently commented on LXU. Jefferies Financial Group boosted their target price on shares of Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a research note on Thursday, March 12th. Weiss Ratings raised shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of Lsb Industries from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 6th. Zacks Research cut shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, UBS Group set a $16.00 price objective on shares of Lsb Industries and gave the company a “neutral” rating in a research note on Wednesday, May 13th.

Institutional Trading of Lsb Industries

Several large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in Lsb Industries by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,431,936 shares of the conglomerate’s stock valued at $36,241,000 after acquiring an additional 57,999 shares in the last quarter. Gendell Jeffrey L grew its stake in Lsb Industries by 3.7% during the 4th quarter. Gendell Jeffrey L now owns 2,134,130 shares of the conglomerate’s stock valued at $18,140,000 after acquiring an additional 75,323 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Lsb Industries by 5.8% in the 3rd quarter. American Century Companies Inc. now owns 1,990,812 shares of the conglomerate’s stock valued at $15,688,000 after buying an additional 109,944 shares during the period. Renaissance Technologies LLC grew its stake in shares of Lsb Industries by 2.7% in the 1st quarter. Renaissance Technologies LLC now owns 1,792,506 shares of the conglomerate’s stock valued at $26,708,000 after buying an additional 46,613 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Lsb Industries by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,280,864 shares of the conglomerate’s stock valued at $10,890,000 after buying an additional 14,125 shares during the period. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Stock Up 4.0%

LXU stock opened at $13.05 on Tuesday. The stock has a market capitalization of $938.53 million, a P/E ratio of 20.71 and a beta of 0.31. The firm has a 50-day simple moving average of $14.36 and a 200-day simple moving average of $11.53. The company has a quick ratio of 2.85, a current ratio of 3.07 and a debt-to-equity ratio of 0.81. Lsb Industries has a 52 week low of $7.09 and a 52 week high of $17.22.

Lsb Industries (NYSE:LXU) last released 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. The business had revenue of $169.49 million during the quarter, compared to analysts’ expectations of $166.19 million. Lsb Industries had a net margin of 7.16% and a return on equity of 8.91%. Equities analysts forecast that Lsb Industries will post 0.53 earnings per share for the current fiscal year.

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.