Lsb Industries Inc. (NYSE:LXU) Receives $15.33 Consensus Price Target from Analysts

Lsb Industries Inc. (NYSE:LXU) has been given a consensus recommendation of “Hold” by the five ratings firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $14.6667.

Several equities analysts recently issued reports on LXU shares. Royal Bank Of Canada decreased their target price on shares of Lsb Industries from $15.00 to $13.00 and set a “sector perform” rating for the company in a research note on Friday. Weiss Ratings upgraded shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Wall Street Zen cut shares of Lsb Industries from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 12th. Finally, UBS Group set a $16.00 price objective on shares of Lsb Industries and gave the stock a “neutral” rating in a research report on Wednesday, May 13th.

Insider Transactions at Lsb Industries

In other Lsb Industries news, SVP Kristy Carver sold 9,554 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $12.38, for a total transaction of $118,278.52. Following the transaction, the senior vice president owned 47,452 shares in the company, valued at approximately $587,455.76. This represents a 16.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lynn F. White sold 40,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $11.80, for a total value of $472,000.00. Following the transaction, the director owned 202,489 shares in the company, valued at $2,389,370.20. This represents a 16.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC purchased a new position in shares of Lsb Industries during the 4th quarter valued at approximately $29,000. Russell Investments Group Ltd. increased its holdings in Lsb Industries by 2,900.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock worth $35,000 after acquiring an additional 4,350 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in Lsb Industries in the 3rd quarter worth $42,000. Tower Research Capital LLC TRC raised its position in Lsb Industries by 90.3% during the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock worth $47,000 after acquiring an additional 2,856 shares during the period. Finally, Quarry LP acquired a new position in Lsb Industries during the third quarter worth $94,000. 73.67% of the stock is owned by institutional investors and hedge funds.

Lsb Industries Trading Up 3.1%

Shares of NYSE:LXU opened at $11.41 on Wednesday. Lsb Industries has a 12-month low of $7.09 and a 12-month high of $17.22. The company has a market capitalization of $821.20 million, a PE ratio of 18.12 and a beta of 0.34. The business has a 50 day moving average of $12.12 and a two-hundred day moving average of $12.10. The company has a current ratio of 3.07, a quick ratio of 2.85 and a debt-to-equity ratio of 0.81.

Lsb Industries (NYSE:LXU) last released its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $0.27 EPS for the quarter, topping the consensus estimate of $0.13 by $0.14. The business had revenue of $169.49 million for the quarter, compared to analyst estimates of $166.19 million. Lsb Industries had a return on equity of 8.91% and a net margin of 7.16%. As a group, analysts forecast that Lsb Industries will post 0.53 EPS for the current year.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.