Lsb Industries Inc. (LXU) Rating Increased to Sell at ValuEngine
Lsb Industries Inc. (NYSE:LXU) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Friday.
Separately, Zacks Investment Research raised shares of Lsb Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th.
Lsb Industries (NYSE LXU) traded down 0.16% on Friday, reaching $6.10. 364,588 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $6.85 and its 200-day moving average is $8.82. Lsb Industries has a 12 month low of $4.52 and a 12 month high of $11.99. The firm has a market cap of $173.27 million, a PE ratio of 2.94 and a beta of 4.52.
Lsb Industries (NYSE:LXU) last released its earnings results on Tuesday, July 25th. The conglomerate reported ($0.53) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by $0.26. The business had revenue of $122.90 million during the quarter, compared to the consensus estimate of $138.21 million. Lsb Industries had a net margin of 24.04% and a negative return on equity of 1.11%. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period last year, the business posted ($0.73) EPS. On average, equities analysts forecast that Lsb Industries will post ($2.57) earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: “Lsb Industries Inc. (LXU) Rating Increased to Sell at ValuEngine” was posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/09/09/lsb-industries-inc-lxu-rating-increased-to-sell-at-valuengine.html.
Hedge funds have recently made changes to their positions in the business. Arizona State Retirement System lifted its stake in Lsb Industries by 2.9% in the first quarter. Arizona State Retirement System now owns 10,620 shares of the conglomerate’s stock valued at $100,000 after acquiring an additional 300 shares during the last quarter. Voya Investment Management LLC acquired a new stake in Lsb Industries in the second quarter valued at $115,000. Thrivent Financial For Lutherans lifted its stake in Lsb Industries by 6.4% in the first quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock valued at $108,000 after acquiring an additional 690 shares during the last quarter. Neuberger Berman Group LLC acquired a new stake in Lsb Industries in the second quarter valued at $119,000. Finally, KCG Holdings Inc. acquired a new stake in Lsb Industries in the first quarter valued at $125,000. Hedge funds and other institutional investors own 70.22% of the company’s stock.
Lsb Industries Company Profile
LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Lsb Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lsb Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.