LSB Industries VP Mark T. Behrman Acquires 1,000 Shares (LXU)
LSB Industries (NYSE:LXU) VP Mark T. Behrman bought 1,000 shares of LSB Industries stock on the open market in a transaction dated Tuesday, June 3rd. The stock was purchased at an average cost of $37.90 per share, for a total transaction of $37,900.00. Following the acquisition, the vice president now directly owns 1,000 shares of the company’s stock, valued at approximately $37,900. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of LSB Industries (NYSE:LXU) opened at 40.00 on Friday. LSB Industries has a 1-year low of $29.39 and a 1-year high of $42.06. The stock has a 50-day moving average of $37.84 and a 200-day moving average of $35.75. The company has a market cap of $901.4 million and a P/E ratio of 14.25.
LSB Industries (NYSE:LXU) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.03. The company had revenue of $178.53 million for the quarter, compared to the consensus estimate of $144.89 million. During the same quarter last year, the company posted ($0.02) earnings per share. LSB Industries’s revenue was up 18.5% compared to the same quarter last year. On average, analysts predict that LSB Industries will post $2.26 earnings per share for the current fiscal year.
Separately, analysts at Singular Research raised their price target on shares of LSB Industries from $44.00 to $47.00 in a research note on Tuesday, May 13th. They now have a “buy” rating on the stock.
LSB Industries, Inc is a diversified holding company involved in manufacturing and marketing operations through its subsidiaries.
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