Luxfer Holdings PLC (LXFR) Releases Quarterly Earnings Results
Luxfer Holdings PLC (NASDAQ:LXFR) posted its quarterly earnings results on Friday. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.04, Analyst Ratings Net reports.
Luxfer Holdings PLC (NASDAQ:LXFR) opened at 19.01 on Friday. Luxfer Holdings PLC has a one year low of $15.85 and a one year high of $22.05. The stock has a 50-day moving average of $18.94 and a 200-day moving average of $19.62. The company has a market cap of $509.4 million and a P/E ratio of 16.28.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, August 6th. Shareholders of record on Friday, July 18th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Wednesday, July 16th.
On the ratings front, analysts at Zacks downgraded shares of Luxfer Holdings PLC from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 20th. They now have a $17.50 price target on the stock.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.