Luxfer Holdings PLC Upgraded to “Neutral” by Zacks (LXFR)
Luxfer Holdings PLC (NASDAQ:LXFR) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, Analyst Ratings Network.com reports. The firm currently has a $20.80 price objective on the stock. Zacks‘ price target points to a potential upside of 1.76% from the stock’s previous close.
Luxfer Holdings PLC (NASDAQ:LXFR) traded down 1.08% during mid-day trading on Wednesday, hitting $20.08. The stock had a trading volume of 14,545 shares. Luxfer Holdings PLC has a 52-week low of $12.03 and a 52-week high of $22.05. The stock’s 50-day moving average is $20.88 and its 200-day moving average is $18.39. The company has a market cap of $538.1 million and a price-to-earnings ratio of 15.19.
Luxfer Holdings PLC (NASDAQ:LXFR) last released its earnings data on Wednesday, November 13th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $118.30 million for the quarter, compared to the consensus estimate of $121.55 million. Analysts expect that Luxfer Holdings PLC will post $1.40 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, February 5th. Shareholders of record on Friday, January 24th will be given a dividend of 0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Wednesday, January 22nd.
Luxfer Holdings PLC is a United Kingdom-based holding company. The Company, along with its subsidiaries, manufactures high pressure gas cylinders in aluminum and composite materials; magnesium alloys and powders; components in aluminum, magnesium, titanium and carbon composites, and chemically-derived compounds of zirconium.
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