Luxfer (NYSE:LXFR) Stock Rating Lowered by Zacks Research

Luxfer (NYSE:LXFR) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday, Zacks reports.

Several other equities research analysts also recently commented on LXFR. Freedom Broker downgraded shares of Luxfer from a “buy” rating to a “hold” rating and dropped their price objective for the company from $20.50 to $16.40 in a report on Friday, October 30th. Piper Sandler set a $16.40 target price on shares of Luxfer in a research note on Friday, October 30th. Finally, Weiss Ratings cut shares of Luxfer from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Luxfer has a consensus rating of “Hold” and an average target price of $16.40.

Luxfer Trading Up 0.7%

Shares of Luxfer stock opened at $17.32 on Tuesday. The firm has a market cap of $463.62 million, a PE ratio of 75.33, a P/E/G ratio of 2.56 and a beta of 1.13. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.47 and a quick ratio of 1.19. Luxfer has a 1 year low of $11.26 and a 1 year high of $19.45. The stock has a fifty day moving average price of $17.25 and a 200-day moving average price of $15.85.

Luxfer (NYSE:LXFR) last released its earnings results on Wednesday, October 28th. The industrial products company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). Luxfer had a net margin of 1.71% and a return on equity of 11.86%. The company had revenue of $89.30 million during the quarter, compared to analysts’ expectations of $93.70 million. Equities research analysts anticipate that Luxfer will post 0.96 EPS for the current year.

Institutional Trading of Luxfer

Several hedge funds and other institutional investors have recently bought and sold shares of LXFR. Penn Capital Management Company LLC bought a new position in shares of Luxfer during the third quarter valued at about $1,682,000. Axxcess Wealth Management LLC bought a new position in shares of Luxfer during the third quarter valued at approximately $233,000. State of Alaska Department of Revenue increased its position in Luxfer by 61.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 3,120 shares of the industrial products company’s stock valued at $53,000 after buying an additional 1,191 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of Luxfer during the third quarter valued at approximately $83,000. Finally, Integrated Wealth Concepts LLC purchased a new position in Luxfer in the 2nd quarter worth about $34,000. Institutional investors own 90.82% of the company’s stock.

Luxfer News Roundup

Here are the key news stories impacting Luxfer this week:

• Neutral Sentiment: Shareholders approved the Wynnchurch transaction, a milestone for the acquisition; the $17.37-per-share offer is likely to remain the main reference point for LXFR shares while the deal proceeds.
• Negative Sentiment: Sidoti cut its EPS forecasts, lowering its FY2026 estimate to $0.96 from $1.10 and its FY2027 estimate to $1.20 from $1.32. The analyst also reduced several quarterly projections, signaling a weaker earnings outlook that could weigh on investor sentiment. Luxfer Shareholders Approve Wynnchurch Capital Transaction

About Luxfer

Luxfer Holdings PLC (NYSE: LXFR) is a global manufacturer of engineered materials and high-pressure gas cylinders. The company serves industrial, healthcare, transportation, aerospace, defense, emergency response and other specialized markets with products designed for demanding applications.

Through its Luxfer Gas Cylinders business, the company produces aluminum, composite and other specialized cylinders used to store and transport medical oxygen, breathing air, industrial gases, alternative fuels such as compressed natural gas and hydrogen, and fire-suppression agents.