LSB Industries Hits New 52-Week High at $42.38 (LXU)
Shares of LSB Industries (NYSE:LXU) hit a new 52-week high on Tuesday , American Banking & Market News reports. The stock traded as high as $42.38 and last traded at $42.15, with a volume of 72,380 shares changing hands. The stock had previously closed at $41.67.
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.
The stock’s 50-day moving average is $39.43 and its 200-day moving average is $36.96. The company has a market cap of $949.2 million and a P/E ratio of 14.86.
LSB Industries (NYSE:LXU) last released its earnings data on Wednesday, May 7th. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted ($0.02) earnings per share. The company’s quarterly revenue 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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