Lsb Industries Inc. (NYSE:LXU) Stock Has Consensus Target Price of $14.67 According to Brokerages

Lsb Industries Inc. (NYSE:LXU) has received an average recommendation of “Hold” from the five research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $14.67.

A number of research firms have weighed in on LXU. Weiss Ratings upgraded Lsb Industries from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 16th. Wall Street Zen downgraded shares of Lsb Industries from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. set a $13.00 price objective on shares of Lsb Industries and gave the company an “outperform” rating in a research report on Monday, October 5th. Finally, Royal Bank Of Canada upgraded Lsb Industries from a “sector perform” rating to an “outperform” rating and set a $13.00 target price for the company in a research note on Monday, August 10th.

Hedge Funds Weigh In On Lsb Industries

A number of institutional investors have recently made changes to their positions in the business. Persistent Asset Partners Ltd purchased a new position in shares of Lsb Industries during the 2nd quarter valued at approximately $47,000. MQS Management LLC acquired a new stake in shares of Lsb Industries during the first quarter worth approximately $172,000. Cibc World Market Inc. acquired a new stake in Lsb Industries in the second quarter valued at $140,000. PDT Partners LLC bought a new position in Lsb Industries during the 2nd quarter valued at $145,000. Finally, Arizona State Retirement System acquired a new position in Lsb Industries during the 2nd quarter worth $166,000. 73.67% of the stock is owned by institutional investors and hedge funds.

Lsb Industries Stock Performance

Lsb Industries stock opened at $9.79 on Friday. The company has a market cap of $705.24 million, a price-to-earnings ratio of 19.59 and a beta of 0.44. Lsb Industries has a 12 month low of $8.12 and a 12 month high of $17.22. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.43 and a quick ratio of 2.31. The stock’s 50-day moving average is $10.55 and its 200-day moving average is $11.75.

Lsb Industries (NYSE:LXU) last posted its earnings results on Wednesday, July 29th. The conglomerate reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.42). The company had revenue of $168.09 million during the quarter, compared to analyst estimates of $155.45 million. Lsb Industries had a net margin of 5.58% and a return on equity of 6.98%.

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.