Lsb Industries (NYSE:LXU) Stock Price Up 5.2% - Should You Buy?

Key Points

• LSB Industries shares rose 5.2% to $10.40, although trading volume was about 94% below the average daily volume.
• Analyst sentiment remains cautious: one analyst rates the stock Buy and four rate it Hold, producing an overall “Hold” consensus and an average price target of $14.67.
• The company’s latest quarterly results missed earnings expectations, reporting a $0.09-per-share loss versus the expected $0.33 profit, despite revenue exceeding estimates; institutional investors own 73.67% of the stock.

Lsb Industries Inc. (NYSE:LXU - Get Free Report)'s stock price rose 5.2% on Monday. The company traded as high as $10.17 and last traded at $10.40. Approximately 62,885 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,023,672 shares. The stock had previously closed at $9.89.

Wall Street Analyst Weigh In

Several research firms have recently commented on LXU. Royal Bank Of Canada raised shares of Lsb Industries from a "sector perform" rating to an "outperform" rating and set a $13.00 price target on the stock in a research note on Monday, August 10th. set a $13.00 price objective on shares of Lsb Industries and gave the stock an "outperform" rating in a research report on Monday, October 5th. Weiss Ratings raised Lsb Industries from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, October 16th. Finally, Wall Street Zen lowered Lsb Industries from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $14.67.

Lsb Industries Stock Performance

The stock has a market capitalization of $753.12 million, a price-to-earnings ratio of 21.02 and a beta of 0.44. 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 stock has a 50-day moving average of $10.55 and a 200 day moving average of $11.71.

Lsb Industries (NYSE:LXU - Get Free Report) last released its earnings results on Wednesday, July 29th. The conglomerate reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.42). The business had revenue of $168.09 million for the quarter, compared to analyst estimates of $155.45 million. Lsb Industries had a net margin of 5.58% and a return on equity of 6.98%.

Hedge Funds Weigh In On Lsb Industries

Several large investors have recently bought and sold shares of the business. Persistent Asset Partners Ltd acquired a new stake in Lsb Industries during the 2nd quarter worth $47,000. Cibc World Market Inc. bought a new stake in shares of Lsb Industries during the 2nd quarter valued at $140,000. PDT Partners LLC bought a new stake in shares of Lsb Industries during the 2nd quarter valued at $145,000. Arizona State Retirement System bought a new stake in shares of Lsb Industries during the 2nd quarter valued at $166,000. Finally, MQS Management LLC acquired a new position in shares of Lsb Industries in the 1st quarter valued at $172,000. 73.67% of the stock is currently owned by institutional investors and hedge funds.

About Lsb Industries

LSB Industries, Inc is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma. The company produces nitrogen-based fertilizers and industrial and mining chemicals for customers in the agricultural, industrial and explosives markets.

Its product portfolio includes ammonia, fertilizer-grade ammonium nitrate, urea ammonium nitrate and nitric acid, as well as industrial products such as sulfuric acid, carbon dioxide and diesel exhaust fluid. LSB also supplies ammonium nitrate and related products used in mining and other industrial applications.

LSB Industries operates manufacturing facilities in the United States, including locations in Alabama, Arkansas and Oklahoma, and serves customers primarily across North America.

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