Lsb Industries (NYSE:LXU) CFO Sells $15,500.00 in Stock

Lsb Industries Inc. (NYSE:LXU) CFO Cheryl Maguire sold 1,550 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $10.00, for a total value of $15,500.00. Following the sale, the chief financial officer owned 199,169 shares of the company’s stock, valued at $1,991,690. The trade was a 0.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Cheryl Maguire also recently made the following trade(s):

• On Wednesday, January 14th, Cheryl Maguire sold 7,551 shares of Lsb Industries stock. The stock was sold at an average price of $10.00, for a total transaction of $75,510.00.

Lsb Industries Trading Down 3.5%

NYSE:LXU traded down $0.35 during mid-day trading on Friday, hitting $9.60. 508,974 shares of the company’s stock were exchanged, compared to its average volume of 540,925. The firm has a market capitalization of $690.62 million, a P/E ratio of -960.00 and a beta of 0.75. Lsb Industries Inc. has a fifty-two week low of $4.88 and a fifty-two week high of $10.04. The company has a 50 day simple moving average of $8.97 and a 200-day simple moving average of $8.52. The company has a current ratio of 2.84, a quick ratio of 2.63 and a debt-to-equity ratio of 0.89.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. Lsb Industries had a negative net margin of 0.11% and a positive return on equity of 2.70%. The firm had revenue of $155.43 million during the quarter, compared to analyst estimates of $138.30 million. As a group, research analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Institutional Investors Weigh In On Lsb Industries

Institutional investors have recently added to or reduced their stakes in the stock. Brandywine Global Investment Management LLC purchased a new position in shares of Lsb Industries in the second quarter valued at $2,412,000. Arrowstreet Capital Limited Partnership purchased a new stake in Lsb Industries in the second quarter worth $1,694,000. JPMorgan Chase & Co. increased its stake in Lsb Industries by 104.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 365,601 shares of the conglomerate’s stock worth $2,881,000 after buying an additional 187,108 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Lsb Industries by 825.5% during the third quarter. BNP Paribas Financial Markets now owns 166,639 shares of the conglomerate’s stock valued at $1,313,000 after acquiring an additional 148,634 shares in the last quarter. Finally, Bridgeway Capital Management LLC lifted its holdings in shares of Lsb Industries by 31.1% in the 2nd quarter. Bridgeway Capital Management LLC now owns 467,113 shares of the conglomerate’s stock worth $3,643,000 after buying an additional 110,889 shares during the period. 73.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on LXU shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lsb Industries in a research note on Monday, December 29th. Zacks Research upgraded shares of Lsb Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Wall Street Zen upgraded shares of Lsb Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Royal Bank Of Canada raised their price objective on Lsb Industries from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Monday, November 10th. Finally, UBS Group reissued a “neutral” rating and issued a $9.75 target price (up from $9.50) on shares of Lsb Industries in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $9.92.

About Lsb Industries

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.