Lsb Industries Inc. (NYSE:LXU) Given Average Recommendation of “Hold” by Analysts

Shares of Lsb Industries Inc. (NYSE:LXU) have been assigned a consensus rating of “Hold” from the five research firms that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $15.1667.

LXU has been the topic of a number of recent analyst reports. Royal Bank Of Canada restated a “sector perform” rating and set a $14.00 target price (up from $13.00) on shares of Lsb Industries in a research note on Tuesday, April 7th. UBS Group raised their target price on shares of Lsb Industries from $9.75 to $16.50 and gave the stock a “neutral” rating in a research note on Thursday, March 26th. Zacks Research cut shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings upgraded shares of Lsb Industries from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Lsb Industries from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 6th.

Lsb Industries Trading Down 0.3%

NYSE:LXU opened at $13.97 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.78 and a quick ratio of 2.61. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 41.10 and a beta of 0.48. Lsb Industries has a one year low of $4.92 and a one year high of $17.22. The business has a fifty day moving average price of $12.66 and a 200-day moving average price of $10.24.

Lsb Industries (NYSE:LXU) last released its earnings results on Wednesday, February 25th. The conglomerate reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. Lsb Industries had a net margin of 4.00% and a return on equity of 4.90%. The company had revenue of $165.05 million for the quarter, compared to analysts’ expectations of $153.88 million. Sell-side analysts forecast that Lsb Industries will post -0.18 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Kristy Carver sold 19,550 shares of Lsb Industries stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $9.99, for a total transaction of $195,304.50. Following the sale, the senior vice president owned 52,613 shares in the company, valued at $525,603.87. This trade represents a 27.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Barry H. Golsen sold 17,813 shares of Lsb Industries stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $10.04, for a total transaction of $178,842.52. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 211,416 shares of company stock worth $2,122,098. Company insiders own 4.70% of the company’s stock.

Institutional Investors Weigh In On Lsb Industries

Institutional investors and hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new stake in shares of Lsb Industries during the fourth quarter valued at approximately $29,000. Russell Investments Group Ltd. raised its position in shares of Lsb Industries by 2,900.0% during the third quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock valued at $35,000 after buying an additional 4,350 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in shares of Lsb Industries during the third quarter valued at approximately $42,000. Tower Research Capital LLC TRC raised its position in shares of Lsb Industries by 90.3% during the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock valued at $47,000 after buying an additional 2,856 shares during the last quarter. Finally, Quarry LP bought a new stake in shares of Lsb Industries during the third quarter valued at approximately $94,000. Institutional investors own 73.67% of the company’s stock.

Lsb Industries Company Profile

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.