Lsb Industries (NYSE:LXU) Shares Down 4.8% – Time to Sell?

Lsb Industries Inc. (NYSE:LXU) was down 4.8% on Tuesday . The company traded as low as $13.43 and last traded at $13.58. Approximately 175,033 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 1,261,326 shares. The stock had previously closed at $14.27.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on LXU shares. Jefferies Financial Group boosted their price target on Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a report on Thursday, March 12th. Zacks Research cut Lsb Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Weiss Ratings raised Lsb Industries from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. UBS Group boosted their price target on Lsb Industries from $9.75 to $16.50 and gave the stock a “neutral” rating in a report on Thursday, March 26th. Finally, Wall Street Zen raised Lsb Industries from a “buy” rating to a “strong-buy” rating in a report on Monday, April 6th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $15.17.

Lsb Industries Stock Performance

The firm has a market cap of $1.01 billion, a PE ratio of 41.49 and a beta of 0.48. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.78 and a quick ratio of 2.61. The stock has a 50-day moving average price of $12.93 and a 200 day moving average price of $10.34.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. Lsb Industries had a return on equity of 4.90% and a net margin of 4.00%.The firm had revenue of $165.05 million during the quarter, compared to the consensus estimate of $153.88 million. Research analysts forecast that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Insider Transactions at Lsb Industries

In other Lsb Industries news, Director Barry H. Golsen sold 17,813 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $10.04, for a total transaction of $178,842.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 165,615 shares of company stock worth $1,664,284 over the last ninety days. 4.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lsb Industries

Institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in Lsb Industries during the fourth quarter valued at about $29,000. Russell Investments Group Ltd. grew its position in Lsb Industries by 2,900.0% during the third quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock valued at $35,000 after acquiring an additional 4,350 shares during the period. Aquatic Capital Management LLC purchased a new stake in Lsb Industries during the third quarter valued at about $42,000. Tower Research Capital LLC TRC grew 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 valued at $47,000 after acquiring an additional 2,856 shares during the period. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Lsb Industries during the fourth quarter valued at about $97,000. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Company Profile

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.