LSB Industries (LXU) Scheduled to Post Earnings on Monday

LSB Industries (NYSE:LXU) is set to post its quarterly earnings results after the market closes on Monday, April 29th. Analysts expect LSB Industries to post earnings of $0.10 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

LSB Industries (NYSE:LXU) last released its earnings results on Tuesday, March 5th. The conglomerate reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.13). LSB Industries had a return on equity of 4.91% and a net margin of 4.70%. The firm had revenue of $132.61 million for the quarter, compared to the consensus estimate of $127.62 million. On average, analysts expect LSB Industries to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LSB Industries Trading Up 1.1 %

NYSE:LXU opened at $8.05 on Monday. The company has a quick ratio of 3.45, a current ratio of 3.68 and a debt-to-equity ratio of 1.11. The business’s 50 day moving average is $7.92 and its two-hundred day moving average is $8.47. LSB Industries has a 52 week low of $6.74 and a 52 week high of $11.69. The company has a market cap of $587.65 million, a PE ratio of 21.76 and a beta of 1.10.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on LXU shares. UBS Group reduced their target price on LSB Industries from $9.00 to $7.75 and set a “neutral” rating on the stock in a report on Wednesday, March 6th. Piper Sandler cut LSB Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $11.50 to $8.00 in a research report on Thursday, February 29th.

Insider Transactions at LSB Industries

In other news, EVP John Burns sold 33,243 shares of the stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $8.25, for a total transaction of $274,254.75. Following the sale, the executive vice president now directly owns 164,529 shares in the company, valued at approximately $1,357,364.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.60% of the company’s stock.

Institutional Trading of LSB Industries

Several large investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. bought a new stake in shares of LSB Industries in the 4th quarter worth $149,000. Diversified Trust Co bought a new stake in shares of LSB Industries in the 3rd quarter worth $144,000. Schonfeld Strategic Advisors LLC acquired a new position in shares of LSB Industries in the 4th quarter worth $139,000. Sandia Investment Management LP acquired a new position in shares of LSB Industries in the 4th quarter worth $133,000. Finally, Legato Capital Management LLC acquired a new position in shares of LSB Industries in the 2nd quarter worth $126,000. 73.67% of the stock is currently owned by institutional investors and hedge funds.

LSB Industries Company Profile

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.