Lsb Industries Inc. (LXU) – What Are Brokerages Saying About This Stock?

Lsb Industries Inc. (NYSE:LXU) has received a consensus recommendation of “Hold” from the five research firms that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $14.67.

A number of equities research analysts have recently commented on LXU shares. Weiss Ratings upgraded shares of Lsb Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 16th. Royal Bank Of Canada raised shares of Lsb Industries from a “sector perform” rating to an “outperform” rating and set a $13.00 price objective on the stock in a research note on Monday, August 10th. Wall Street Zen lowered shares of Lsb Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, set a $13.00 target price on shares of Lsb Industries and gave the stock an “outperform” rating in a research note on Monday, October 5th.

Lsb Industries Stock Performance

LXU opened at $9.79 on Friday. Lsb Industries has a 1-year low of $8.12 and a 1-year high of $17.22. The stock has a market cap of $705.24 million, a P/E ratio of 19.59 and a beta of 0.44. The stock’s 50 day simple moving average is $10.55 and its 200 day simple moving average is $11.75. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.43 and a quick ratio of 2.31.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results 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 during 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%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Sterling Capital Management LLC lifted its holdings in shares of Lsb Industries by 7.4% during the 3rd quarter. Sterling Capital Management LLC now owns 26,286 shares of the conglomerate’s stock worth $257,000 after acquiring an additional 1,816 shares during the period. AXQ Capital LP grew its holdings in Lsb Industries by 4.8% in the second quarter. AXQ Capital LP now owns 46,682 shares of the conglomerate’s stock valued at $505,000 after purchasing an additional 2,144 shares during the period. Persistent Asset Partners Ltd acquired a new position in Lsb Industries during the second quarter worth approximately $47,000. Quantinno Capital Management LP grew its stake in shares of Lsb Industries by 12.5% during the 1st quarter. Quantinno Capital Management LP now owns 50,061 shares of the conglomerate’s stock valued at $746,000 after buying an additional 5,578 shares during the period. Finally, MQS Management LLC purchased a new stake in shares of Lsb Industries during the 1st quarter valued at $172,000. Institutional investors and hedge funds own 73.67% of the company’s stock.

About Lsb Industries

LSB Industries, Inc is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma. The company produces nitrogen-based fertilizers and industrial and mining chemicals for customers in the agricultural, industrial and explosives markets.

Its product portfolio includes ammonia, fertilizer-grade ammonium nitrate, urea ammonium nitrate and nitric acid, as well as industrial products such as sulfuric acid, carbon dioxide and diesel exhaust fluid. LSB also supplies ammonium nitrate and related products used in mining and other industrial applications.

LSB Industries operates manufacturing facilities in the United States, including locations in Alabama, Arkansas and Oklahoma, and serves customers primarily across North America.