Lsb Industries (NYSE:LXU) Stock Price Down 4.8% - Here's What Happened

Key Points

• Shares fell 4.8% mid-day to $13.58, trading as low as $13.43 on sharply lighter volume (175,033 shares, down ~86% from the average 1.26M).
• Analysts collectively maintain a consensus "Hold" rating with a $15.17 average price target, though several firms have recently raised targets (e.g., Jefferies to $15.00, UBS to $16.50, RBC to $14.00).
• LSB beat quarterly estimates (EPS $0.22 vs $0.18 and revenue $165.05M vs $153.88M), but insiders sold roughly 211,416 shares worth about $2.12M over the last quarter.

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

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $14.00 target price (up from $13.00) on shares of Lsb Industries in a research report on Tuesday, April 7th. Wall Street Zen upgraded Lsb Industries from a "buy" rating to a "strong-buy" rating in a report on Monday, April 6th. Weiss Ratings upgraded Lsb Industries from a "sell (d-)" rating to a "hold (c-)" rating in a report on Monday, March 2nd. Jefferies Financial Group lifted their price target on shares of Lsb Industries from $11.00 to $15.00 and gave the company a "hold" rating in a research report on Thursday, March 12th. Finally, UBS Group upped their price objective on shares of Lsb Industries from $9.75 to $16.50 and gave the stock a "neutral" rating in a report on Thursday, March 26th. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $15.17.

Lsb Industries Stock Performance

The company has a 50-day moving average of $12.76 and a 200-day moving average of $10.28. The company has a market cap of $995.84 million, a PE ratio of 40.81 and a beta of 0.48. The company has a quick ratio of 2.61, a current ratio of 2.78 and a debt-to-equity ratio of 0.85.

Lsb Industries (NYSE:LXU - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $0.22 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 business had revenue of $165.05 million during the quarter, compared to analyst estimates of $153.88 million. As a group, analysts anticipate that Lsb Industries Inc. will post -0.18 earnings per share for the current year.

Insider Activity

In other Lsb Industries news, CFO Cheryl Maguire sold 7,551 shares of the company's stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $10.00, for a total value of $75,510.00. Following the completion of the sale, the chief financial officer directly owned 200,719 shares of the company's stock, valued at approximately $2,007,190. This represents a 3.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Kristy Carver sold 19,550 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $9.99, for a total transaction of $195,304.50. Following the completion of the sale, the senior vice president owned 52,613 shares of the company's stock, valued at approximately $525,603.87. This trade represents a 27.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 211,416 shares of company stock worth $2,122,098 over the last quarter. Insiders own 4.70% of the company's stock.

Hedge Funds Weigh In On Lsb Industries

Several institutional investors have recently modified their holdings of LXU. Kennedy Capital Management LLC lifted its holdings in Lsb Industries by 0.4% during the fourth quarter. Kennedy Capital Management LLC now owns 277,355 shares of the conglomerate's stock worth $2,358,000 after acquiring an additional 1,210 shares during the period. Rhumbline Advisers grew its stake in Lsb Industries by 1.8% in the 2nd quarter. Rhumbline Advisers now owns 89,804 shares of the conglomerate's stock valued at $700,000 after purchasing an additional 1,616 shares during the period. Millennium Management LLC increased its position in shares of Lsb Industries by 8.5% during the 4th quarter. Millennium Management LLC now owns 21,573 shares of the conglomerate's stock valued at $183,000 after purchasing an additional 1,692 shares during the last quarter. First Bank & Trust increased its position in shares of Lsb Industries by 13.4% during the 3rd quarter. First Bank & Trust now owns 16,239 shares of the conglomerate's stock valued at $128,000 after purchasing an additional 1,922 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in shares of Lsb Industries by 21.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate's stock worth $97,000 after purchasing an additional 2,148 shares during the period. 73.67% of the stock is owned by institutional investors.

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.

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