Lsb Industries Inc. (NYSE:LXU) Stock Has Average Price Target of $14.67 According to Analysts

Shares of Lsb Industries Inc. (NYSE:LXU) have received an average rating of “Hold” from the five research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $14.67.

Several brokerages recently issued reports on LXU. Weiss Ratings cut shares of Lsb Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Royal Bank Of Canada raised shares of Lsb Industries from a “sector perform” rating to an “outperform” rating and set a $13.00 price target on the stock in a report on Monday, August 10th. Finally, Wall Street Zen downgraded Lsb Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st.

Lsb Industries Stock Performance

LXU opened at $9.90 on Monday. Lsb Industries has a 12-month low of $7.97 and a 12-month high of $17.22. The company has a current ratio of 2.43, a quick ratio of 2.31 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $712.51 million, a PE ratio of 19.79 and a beta of 0.44. The firm has a 50 day moving average of $10.59 and a two-hundred day moving average of $12.24.

Lsb Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, July 29th. The conglomerate reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.42). The business had revenue of $168.09 million for the quarter, compared to analyst estimates of $155.45 million. Lsb Industries had a net margin of 5.58% and a return on equity of 6.98%. On average, analysts anticipate that Lsb Industries will post 0.53 EPS for the current year.

Institutional Trading of Lsb Industries

A number of hedge funds have recently modified their holdings of the stock. Persistent Asset Partners Ltd purchased a new position in Lsb Industries during the second quarter valued at approximately $47,000. MQS Management LLC purchased a new stake in Lsb Industries in the 1st quarter worth approximately $172,000. Cibc World Market Inc. purchased a new stake in Lsb Industries in the 2nd quarter worth approximately $140,000. PDT Partners LLC acquired a new stake in shares of Lsb Industries during the 2nd quarter worth approximately $145,000. Finally, Arizona State Retirement System acquired a new stake in shares of Lsb Industries during the 2nd quarter worth approximately $166,000. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Company Profile

LSB Industries, Inc (NYSE:LXU) is a U.S.-based manufacturer of nitrogen-based chemical products. The company serves agricultural, industrial and mining customers, producing and selling products such as ammonia, fertilizer-grade ammonium nitrate, urea ammonium nitrate and nitric acid.

Through its Agricultural Products business, LSB supplies nitrogen fertilizers used by farmers and agricultural distributors. Its Industrial Products business provides ammonia, sulfuric acid, nitric acid, carbon dioxide and related chemical products used in manufacturing, mining, explosives and other industrial applications.

Founded in 1969 and headquartered in Oklahoma City, Oklahoma, LSB Industries operates production facilities in the United States, including sites in Alabama, Arkansas and Oklahoma.