LSB Industries Inc. (LXU) Trading Up 5.9%
LSB Industries Inc. (NYSE:LXU) shares were up 5.9% on Monday . The stock traded as high as $12.36 and last traded at $12.29, with a volume of 209,500 shares. The stock had previously closed at $11.60.
Several research analysts recently weighed in on LXU shares. Zacks Investment Research raised shares of LSB Industries from a “sell” rating to a “hold” rating in a research note on Thursday, July 7th. Avondale Partners reaffirmed an “outperform” rating and issued a $15.00 price target on shares of LSB Industries in a research note on Monday, May 9th. Finally, Feltl & Co. raised shares of LSB Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 6th.
The company’s market cap is $340.50 million. The firm’s 50-day moving average price is $11.95 and its 200 day moving average price is $11.86.
LSB Industries (NYSE:LXU) last posted its earnings results on Monday, August 8th. The company reported ($0.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by $0.36. The firm had revenue of $109.98 million for the quarter, compared to analysts’ expectations of $167.65 million. During the same period in the prior year, the business earned $0.02 earnings per share. The company’s revenue was down 12.4% on a year-over-year basis. On average, equities research analysts expect that LSB Industries Inc. will post ($2.40) EPS for the current year.
LSB Industries, Inc is a diversified holding company engaged in manufacturing operations through its subsidiaries. The Company’s segments are Chemical Business, Climate Control Business and Other. Its Chemical Business segment manufactures and sells nitrogen-based chemical products for the agricultural, industrial and mining markets.
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