Luxfer Holdings PLC (NYSE:LXFR) to Post Q4 2024 Earnings of $0.18 Per Share, Sidoti Csr Forecasts

Luxfer Holdings PLC (NYSE:LXFR - Free Report) - Equities researchers at Sidoti Csr reduced their Q4 2024 earnings per share (EPS) estimates for shares of Luxfer in a note issued to investors on Tuesday, April 9th. Sidoti Csr analyst S. Ferazani now expects that the industrial products company will earn $0.18 per share for the quarter, down from their prior estimate of $0.26. The consensus estimate for Luxfer's current full-year earnings is $0.66 per share. Sidoti Csr also issued estimates for Luxfer's Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.26 EPS and Q4 2025 earnings at $0.24 EPS.

Luxfer Stock Performance

LXFR traded up $0.39 during trading hours on Thursday, hitting $10.34. The company's stock had a trading volume of 141,865 shares, compared to its average volume of 211,505. Luxfer has a fifty-two week low of $7.55 and a fifty-two week high of $16.58. The company has a current ratio of 2.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $277.42 million, a PE ratio of -129.23, a PEG ratio of 2.25 and a beta of 0.84. The company has a 50-day simple moving average of $9.45 and a 200 day simple moving average of $9.31.

Luxfer (NYSE:LXFR - Get Free Report) last posted its earnings results on Tuesday, February 27th. The industrial products company reported $0.07 EPS for the quarter. Luxfer had a positive return on equity of 6.63% and a negative net margin of 0.47%. The firm had revenue of $95.90 million for the quarter, compared to analysts' expectations of $89.70 million.

Luxfer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 8th. Investors of record on Friday, April 19th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 5.03%. The ex-dividend date is Thursday, April 18th. Luxfer's dividend payout ratio is currently -649.92%.

Institutional Trading of Luxfer

Several large investors have recently added to or reduced their stakes in the business. BlackRock Inc. increased its position in shares of Luxfer by 40.2% during the 1st quarter. BlackRock Inc. now owns 2,210,379 shares of the industrial products company's stock valued at $37,134,000 after purchasing an additional 633,547 shares during the period. Van Lanschot Kempen Investment Management N.V. increased its position in shares of Luxfer by 25.1% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 2,348,584 shares of the industrial products company's stock valued at $20,996,000 after purchasing an additional 471,814 shares during the period. Vanguard Group Inc. increased its position in shares of Luxfer by 189.3% during the 1st quarter. Vanguard Group Inc. now owns 509,663 shares of the industrial products company's stock valued at $8,563,000 after purchasing an additional 333,472 shares during the period. Earnest Partners LLC increased its position in shares of Luxfer by 77.8% during the 3rd quarter. Earnest Partners LLC now owns 731,774 shares of the industrial products company's stock valued at $9,550,000 after purchasing an additional 320,282 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of Luxfer by 34.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 869,677 shares of the industrial products company's stock valued at $14,610,000 after purchasing an additional 221,349 shares during the period. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Luxfer Company Profile

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.