Lsb Industries (NYSE:LXU) Receives "Sell (D)" Rating from Weiss Ratings

Key Points

• Lsb Industries' stock has received a "Sell (D)" rating from Weiss Ratings, indicating negative sentiment among analysts.
• UBS Group downgraded Lsb Industries from a "buy" rating to neutral and set a target price of $9.25, highlighting cautious outlook from major financial institutions.
• The company's recent earnings report showed a missed EPS estimate of $0.04 compared to the expected $0.18, signaling potential operational challenges.

Lsb Industries (NYSE:LXU - Get Free Report)'s stock had its "sell (d)" rating restated by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, UBS Group downgraded shares of Lsb Industries from a "buy" rating to a "neutral" rating and set a $9.25 target price for the company. in a research note on Wednesday, July 23rd. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $9.75.

Lsb Industries Price Performance

Shares of NYSE LXU opened at $8.83 on Wednesday. The firm has a market capitalization of $635.19 million, a P/E ratio of -19.20 and a beta of 0.70. Lsb Industries has a one year low of $4.88 and a one year high of $9.68. The company's fifty day moving average is $8.07 and its two-hundred day moving average is $7.48. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.39 and a current ratio of 2.64.

Lsb Industries (NYSE:LXU - Get Free Report) last issued its earnings results on Tuesday, July 29th. The conglomerate reported $0.04 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.14). The company had revenue of $151.30 million for the quarter, compared to analysts' expectations of $156.76 million. Lsb Industries had a negative return on equity of 0.34% and a negative net margin of 6.15%. Analysts forecast that Lsb Industries will post -0.18 EPS for the current fiscal year.

Institutional Trading of Lsb Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LXU. GAMMA Investing LLC grew its holdings in Lsb Industries by 21,016.0% in the 1st quarter. GAMMA Investing LLC now owns 5,279 shares of the conglomerate's stock valued at $35,000 after buying an additional 5,254 shares during the period. Rhumbline Advisers grew its holdings in shares of Lsb Industries by 5.2% during the 1st quarter. Rhumbline Advisers now owns 88,188 shares of the conglomerate's stock worth $581,000 after purchasing an additional 4,334 shares during the period. NBC Securities Inc. grew its holdings in shares of Lsb Industries by 394,900.0% during the 1st quarter. NBC Securities Inc. now owns 3,950 shares of the conglomerate's stock worth $26,000 after purchasing an additional 3,949 shares during the period. Wedge Capital Management L L P NC grew its holdings in shares of Lsb Industries by 22.1% during the 1st quarter. Wedge Capital Management L L P NC now owns 142,001 shares of the conglomerate's stock worth $936,000 after purchasing an additional 25,730 shares during the period. Finally, Krilogy Financial LLC grew its holdings in shares of Lsb Industries by 4.4% during the 1st quarter. Krilogy Financial LLC now owns 191,750 shares of the conglomerate's stock worth $1,264,000 after purchasing an additional 8,000 shares during the period. Hedge funds and other institutional investors own 73.67% of the company's stock.

About Lsb Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.

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