Luxfer Holdings PLC (NYSE:LXFR - Free Report) - Sidoti Csr upped their Q2 2024 earnings per share (EPS) estimates for shares of Luxfer in a research report issued to clients and investors on Tuesday, April 9th. Sidoti Csr analyst S. Ferazani now anticipates that the industrial products company will post earnings of $0.23 per share for the quarter, up from their previous forecast of $0.15. The consensus estimate for Luxfer's current full-year earnings is $0.66 per share.
Luxfer (NYSE:LXFR - Get Free Report) last released its quarterly earnings data on Tuesday, February 27th. The industrial products company reported $0.07 earnings per share for the quarter. The business had revenue of $95.90 million for the quarter, compared to analyst estimates of $89.70 million. Luxfer had a positive return on equity of 6.63% and a negative net margin of 0.47%.
Luxfer Stock Down 1.8 %
Luxfer stock traded down $0.18 during midday trading on Wednesday, hitting $9.95. 250,743 shares of the company were exchanged, compared to its average volume of 212,515. The company's fifty day moving average price is $9.41 and its 200-day moving average price is $9.30. The company has a market cap of $266.96 million, a PE ratio of -124.36, a price-to-earnings-growth ratio of 2.25 and a beta of 0.84. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.60 and a quick ratio of 1.12. Luxfer has a fifty-two week low of $7.55 and a fifty-two week high of $16.58.
Hedge Funds Weigh In On Luxfer
A number of institutional investors have recently made changes to their positions in LXFR. Swiss National Bank increased its holdings in shares of Luxfer by 7.2% in the 1st quarter. Swiss National Bank now owns 65,500 shares of the industrial products company's stock valued at $1,100,000 after acquiring an additional 4,400 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Luxfer by 13.0% in the first quarter. Bank of New York Mellon Corp now owns 93,454 shares of the industrial products company's stock valued at $1,570,000 after buying an additional 10,746 shares during the period. BlackRock Inc. lifted its holdings in shares of Luxfer by 40.2% in the first quarter. BlackRock Inc. now owns 2,210,379 shares of the industrial products company's stock valued at $37,134,000 after buying an additional 633,547 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Luxfer by 66.6% in the first quarter. Dimensional Fund Advisors LP now owns 105,712 shares of the industrial products company's stock valued at $1,776,000 after buying an additional 42,269 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Luxfer by 5.8% during the first quarter. Sei Investments Co. now owns 77,900 shares of the industrial products company's stock valued at $1,309,000 after purchasing an additional 4,270 shares during the last quarter. 90.82% of the stock is owned by institutional investors and hedge funds.
About Luxfer
(
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Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
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