LSB Industries COO Barry H. Golsen Unloads 2,699 Shares (LXU)
LSB Industries (NYSE:LXU) COO Barry H. Golsen unloaded 2,699 shares of the stock on the open market in a transaction dated Friday, June 6th. The stock was sold at an average price of $40.02, for a total value of $108,013.98. Following the completion of the sale, the chief operating officer now directly owns 2,744 shares of the company’s stock, valued at approximately $109,815. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
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 (NYSE:LXU) traded down 0.02% during mid-day trading on Monday, hitting $39.99. 140,445 shares of the company’s stock traded hands. LSB Industries has a 52 week low of $29.39 and a 52 week high of $42.06. The stock has a 50-day moving average of $37.87 and a 200-day moving average of $35.95. The company has a market cap of $901.2 million and a P/E ratio of 14.26.
LSB Industries (NYSE:LXU) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Analysts expect that LSB Industries will post $2.26 EPS for the current fiscal year.
LSB Industries, Inc is a diversified holding company involved in manufacturing and marketing operations through its subsidiaries.
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