Zacks: Luxfer Holdings PLC (LXFR) Given Average Rating of “Strong Buy” by Brokerages

Shares of Luxfer Holdings PLC (NYSE:LXFR) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokerages have set a twelve-month consensus target price of $15.00 for the company and are anticipating that the company will post $0.25 EPS for the current quarter, according to Zacks. Zacks has also assigned Luxfer an industry rank of 72 out of 265 based on the ratings given to its competitors.

Several brokerages have issued reports on LXFR. ValuEngine upgraded Luxfer from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised Luxfer from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Saturday, November 11th. Finally, BidaskClub raised Luxfer from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th.

Shares of Luxfer (LXFR) opened at $13.15 on Thursday. Luxfer has a one year low of $10.85 and a one year high of $16.21. The stock has a market capitalization of $360.30, a P/E ratio of 20.55 and a beta of 0.77. The company has a current ratio of 2.34, a quick ratio of 1.22 and a debt-to-equity ratio of 0.61.

The business also recently announced a None dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, January 19th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, January 18th. This is a positive change from Luxfer’s previous None dividend of $0.12. This represents a dividend yield of 3.33%. Luxfer’s dividend payout ratio is 78.13%.

Large investors have recently bought and sold shares of the company. Advisors Preferred LLC bought a new position in shares of Luxfer during the third quarter valued at approximately $120,000. Virtu Financial LLC bought a new position in shares of Luxfer during the fourth quarter valued at approximately $179,000. Citadel Advisors LLC bought a new position in shares of Luxfer during the third quarter valued at approximately $173,000. Smith Asset Management Group LP grew its holdings in shares of Luxfer by 114.5% during the fourth quarter. Smith Asset Management Group LP now owns 14,010 shares of the industrial products company’s stock valued at $221,000 after purchasing an additional 7,480 shares during the last quarter. Finally, Investors Research Corp bought a new position in shares of Luxfer during the fourth quarter valued at approximately $228,000. 86.11% of the stock is owned by institutional investors.

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Luxfer Company Profile

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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