Lsb Industries (NYSE:LXU) Issues Earnings Results

Lsb Industries (NYSE:LXU) released its earnings results on Wednesday. The conglomerate reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08, FiscalAI reports. The firm had revenue of $158.60 million during the quarter, compared to analyst estimates of $160.18 million. Lsb Industries had a net margin of 6.95% and a return on equity of 8.61%.

Lsb Industries Trading Up 2.7%

Shares of LXU stock traded up $0.29 on Friday, hitting $11.41. The stock had a trading volume of 748,863 shares, compared to its average volume of 1,029,085. The company has a current ratio of 2.43, a quick ratio of 2.31 and a debt-to-equity ratio of 0.82. Lsb Industries has a twelve month low of $8.12 and a twelve month high of $17.22. The company has a fifty day moving average price of $10.54 and a two-hundred day moving average price of $11.73. The firm has a market cap of $821.88 million, a P/E ratio of 18.43 and a beta of 0.44.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. set a $13.00 target price on shares of Lsb Industries and gave the stock an “outperform” rating in a research report on Monday, October 5th. Wall Street Zen cut Lsb Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings raised shares of Lsb Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 16th. Royal Bank Of Canada upgraded shares of Lsb Industries from a “sector perform” rating to an “outperform” rating and set a $13.00 price objective for the company in a research note on Monday, August 10th. Finally, Freedom Broker assumed coverage on shares of Lsb Industries in a research note on Tuesday. They issued a “hold” rating and a $9.50 target price on the stock. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Lsb Industries currently has an average rating of “Hold” and a consensus price target of $13.38.

Lsb Industries Company Profile

LSB Industries, Inc is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma. The company produces nitrogen-based fertilizers and industrial and mining chemicals for customers in the agricultural, industrial and explosives markets.

Its product portfolio includes ammonia, fertilizer-grade ammonium nitrate, urea ammonium nitrate and nitric acid, as well as industrial products such as sulfuric acid, carbon dioxide and diesel exhaust fluid. LSB also supplies ammonium nitrate and related products used in mining and other industrial applications.

LSB Industries operates manufacturing facilities in the United States, including locations in Alabama, Arkansas and Oklahoma, and serves customers primarily across North America.