$0.25 EPS Expected for Luxfer Holdings PLC (LXFR) This Quarter

Wall Street analysts expect that Luxfer Holdings PLC (NYSE:LXFR) will announce earnings per share (EPS) of $0.25 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Luxfer’s earnings. Luxfer posted earnings per share of $0.14 during the same quarter last year, which would indicate a positive year-over-year growth rate of 78.6%. The business is scheduled to report its next quarterly earnings report on Tuesday, March 6th.

On average, analysts expect that Luxfer will report full-year earnings of $1.05 per share for the current year. For the next financial year, analysts forecast that the company will post earnings of $1.20 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that follow Luxfer.

Several brokerages recently commented on LXFR. BidaskClub lowered shares of Luxfer from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. ValuEngine raised shares of Luxfer from a “hold” rating to a “buy” rating in a research report on Wednesday, October 11th. Finally, Zacks Investment Research raised shares of Luxfer from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Saturday, November 11th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. OxFORD Asset Management LLP purchased a new position in Luxfer during the 3rd quarter worth approximately $450,000. Wells Fargo & Company MN raised its position in Luxfer by 28.8% during the 3rd quarter. Wells Fargo & Company MN now owns 247,279 shares of the industrial products company’s stock worth $3,079,000 after buying an additional 55,240 shares during the last quarter. Paradice Investment Management LLC raised its position in Luxfer by 14.6% during the 3rd quarter. Paradice Investment Management LLC now owns 2,002,400 shares of the industrial products company’s stock worth $24,930,000 after buying an additional 255,737 shares during the last quarter. Citadel Advisors LLC purchased a new position in Luxfer during the 3rd quarter worth approximately $173,000. Finally, Robecosam AG raised its position in Luxfer by 12.0% during the 3rd quarter. Robecosam AG now owns 450,000 shares of the industrial products company’s stock worth $5,594,000 after buying an additional 48,300 shares during the last quarter. 86.27% of the stock is owned by institutional investors.

Luxfer (NYSE:LXFR) opened at $15.86 on Thursday. The company has a market cap of $419.21, a P/E ratio of 24.78 and a beta of 0.90. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.34 and a quick ratio of 1.22. Luxfer has a 1 year low of $10.82 and a 1 year high of $16.21.

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About Luxfer

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

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