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

Key Points

• Analysts have a consensus “Hold” rating on LSB Industries, with four holds and one buy. The average 12-month price target is $14.67 versus the stock’s reported $9.93 opening price.
• Recent analyst actions were mixed: Royal Bank of Canada upgraded the shares to “outperform” with a $13 price target, while Weiss Ratings and Wall Street Zen maintained or moved to weaker hold assessments.
• Institutional investors own 73.67% of the company, while LSB Industries’ latest quarterly results missed earnings expectations, reporting a $0.09 loss per share versus the $0.33 expected despite revenue exceeding estimates.

Lsb Industries Inc. (NYSE:LXU - Get Free Report) has earned an average rating of "Hold" from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $14.67.

A number of brokerages recently weighed in on LXU. Weiss Ratings cut shares of Lsb Industries from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, August 4th. Royal Bank Of Canada raised Lsb Industries from a "sector perform" rating to an "outperform" rating and set a $13.00 price objective on the stock in a research report on Monday, August 10th. Finally, Wall Street Zen cut Lsb Industries from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st.

Hedge Funds Weigh In On Lsb Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC grew its position in Lsb Industries by 339.6% in the second quarter. Squarepoint Ops LLC now owns 348,123 shares of the conglomerate's stock valued at $3,763,000 after acquiring an additional 268,939 shares in the last quarter. Arizona State Retirement System acquired a new position in shares of Lsb Industries during the second quarter worth $166,000. AXQ Capital LP boosted its stake in shares of Lsb Industries by 4.8% in the second quarter. AXQ Capital LP now owns 46,682 shares of the conglomerate's stock valued at $505,000 after purchasing an additional 2,144 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Lsb Industries by 156.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 27,403 shares of the conglomerate's stock valued at $296,000 after purchasing an additional 16,714 shares in the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in Lsb Industries during the 2nd quarter valued at $252,000. Hedge funds and other institutional investors own 73.67% of the company's stock.

Lsb Industries Stock Performance

Shares of NYSE:LXU opened at $9.93 on Monday. The firm has a market capitalization of $714.60 million, a PE ratio of 19.85 and a beta of 0.31. 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 business has a 50-day moving average of $10.80 and a two-hundred day moving average of $12.40. Lsb Industries has a 12 month low of $7.71 and a 12 month high of $17.22.

Lsb Industries (NYSE:LXU - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The conglomerate reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.42). Lsb Industries had a net margin of 5.58% and a return on equity of 6.98%. The firm had revenue of $168.09 million during the quarter, compared to analyst estimates of $155.45 million. As a group, research analysts forecast that Lsb Industries will post 0.53 earnings per share for the current year.

About Lsb Industries

LSB Industries, Inc is a diversified chemical company that manufactures nitrogen-based fertilizer and industrial products. Its agricultural offerings include ammonia, urea ammonium nitrate (UAN) and ammonium nitrate, which are used by farmers and agricultural distributors to support crop production.

The company also produces industrial chemicals, including ammonia and nitric acid, for applications in areas such as emissions control, chemical processing, mining and other industrial markets.

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