Luxfer (LXFR) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luxfer in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LXFR shares.
View LXFR analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1 year target prices for Luxfer's stock. Their LXFR share price forecasts range from $25.00 to $25.00. On average, they anticipate the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 94.4% from the stock's current price.
View analysts price targets for LXFR or view top-rated stocks among Wall Street analysts.

Luxfer's stock was trading at $13.72 at the beginning of 2023. Since then, LXFR stock has decreased by 6.3% and is now trading at $12.86.
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Luxfer saw a increase in short interest in August. As of August 31st, there was short interest totaling 119,400 shares, an increase of 51.3% from the August 15th total of 78,900 shares. Based on an average daily volume of 152,100 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the shares of the company are short sold.
View Luxfer's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our LXFR earnings forecast.

Luxfer Holdings PLC (NYSE:LXFR) posted its quarterly earnings results on Tuesday, July, 25th. The industrial products company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.03. The industrial products company had revenue of $110.40 million for the quarter, compared to analyst estimates of $111 million. Luxfer had a net margin of 3.55% and a trailing twelve-month return on equity of 13.60%.

Luxfer declared a quarterly dividend on Thursday, June 29th. Stockholders of record on Friday, July 14th will be paid a dividend of $0.13 per share on Wednesday, August 2nd. This represents a $0.52 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, July 13th.
Read our dividend analysis for LXFR.

Luxfer (NYSE:LXFR) pays an annual dividend of $0.52 per share and currently has a dividend yield of 4.10%. LXFR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 94.55%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LXFR will have a dividend payout ratio of 50.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LXFR.

Luxfer issued an update on its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided EPS guidance of $0.88-$1.00 for the period, compared to the consensus EPS estimate of $1.15. The company issued revenue guidance of -.

3 employees have rated Luxfer Chief Executive Officer Alok Maskara on Glassdoor.com. Alok Maskara has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Luxfer investors own include AutoNation (AN), AT&T (T), Aerogrow International (AERO), Main Street Capital (MAIN), AbbVie (ABBV), Alliance Resource Partners (ARLP), CenterPoint Energy (CNP), Enterprise Products Partners (EPD) and General Motors (GM).

Luxfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "LXFR."

Luxfer's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.25%), William Blair Investment Management LLC (6.17%), Paradice Investment Management LLC (6.01%), Royce & Associates LP (3.79%), State Street Corp (2.39%) and Geode Capital Management LLC (2.00%). Insiders that own company stock include David Landless, Graham Wardlow, James Gardella, Lisa G Trimberger, Mark Chivers, Patrick K Mullen and Stephen Webster.
View institutional ownership trends.

Shares of LXFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LXFR stock can currently be purchased for approximately $12.86.

Luxfer (NYSE:LXFR) has a market capitalization of $346.19 million and generates $423.40 million in revenue each year. The industrial products company earns $26.90 million in net income (profit) each year or $0.55 on an earnings per share basis.

The company employs 1,350 workers across the globe.

Luxfer's mailing address is LUMNS LANE, MANCHESTER X0, M27 8LN. The official website for the company is www.luxfer.com. The industrial products company can be reached via phone at (414) 269-2419 or via email at investor.relations@luxfer.com.