Luxfer Holdings PLC (NYSE:LXFR) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Zacks has also given Luxfer an industry rank of 184 out of 255 based on the ratings given to related companies.
LXFR has been the subject of several recent research reports. Zacks Investment Research raised shares of Luxfer from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. ValuEngine raised shares of Luxfer from a “sell” rating to a “hold” rating in a research report on Thursday, October 24th.
Several hedge funds have recently added to or reduced their stakes in the company. Paradice Investment Management LLC lifted its stake in Luxfer by 2.5% during the third quarter. Paradice Investment Management LLC now owns 2,658,731 shares of the industrial products company’s stock worth $41,423,000 after purchasing an additional 65,074 shares during the last quarter. BlackRock Inc. bought a new position in Luxfer during the second quarter worth $32,943,000. Russell Investments Group Ltd. lifted its stake in Luxfer by 36.8% during the second quarter. Russell Investments Group Ltd. now owns 615,039 shares of the industrial products company’s stock worth $15,056,000 after purchasing an additional 165,327 shares during the last quarter. Ancora Advisors LLC lifted its stake in Luxfer by 14.3% during the second quarter. Ancora Advisors LLC now owns 384,240 shares of the industrial products company’s stock worth $9,422,000 after purchasing an additional 47,982 shares during the last quarter. Finally, GW&K Investment Management LLC bought a new position in Luxfer during the second quarter worth $4,918,000.
NYSE:LXFR traded up $0.28 during trading hours on Tuesday, hitting $17.39. The stock had a trading volume of 107,997 shares, compared to its average volume of 197,392. The company has a current ratio of 2.58, a quick ratio of 1.26 and a debt-to-equity ratio of 0.59. Luxfer has a 1-year low of $14.65 and a 1-year high of $27.79. The business has a 50 day simple moving average of $16.13 and a two-hundred day simple moving average of $19.96. The company has a market cap of $458.52 million, a PE ratio of 10.29 and a beta of 1.10.
Luxfer (NYSE:LXFR) last issued its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.02). Luxfer had a negative net margin of 0.66% and a positive return on equity of 23.71%. The firm had revenue of $107.10 million during the quarter, compared to analyst estimates of $103.00 million. Research analysts expect that Luxfer will post 1.47 EPS for the current fiscal year.
The business also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, October 18th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, October 17th.
Luxfer Company Profile
Luxfer Holdings Plc is a technology company, which designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for healthcare, environmental, protection, and specialty end-markets. It operates through the Gas Cylinder and Elektron segments. The Gas Cylinders segment manufactures and markets high-pressure aluminum and composite cylinders, systems, and accessories under the Luxfer Gas Cylinders and Superform brands.
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