Lsb Industries (NYSE:LXU) Stock Price Down 5.5% – Time to Sell?

Lsb Industries Inc. (NYSE:LXU) dropped 5.5% during trading on Tuesday . The company traded as low as $14.92 and last traded at $14.9050. Approximately 1,170,476 shares were traded during trading, a decline of 1% from the average daily volume of 1,184,565 shares. The stock had previously closed at $15.78.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Wall Street Zen upgraded Lsb Industries from a “hold” rating to a “buy” rating in a research note on Sunday. Jefferies Financial Group lifted their target price on Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a research report on Thursday, March 12th. UBS Group boosted their price target on Lsb Industries from $9.75 to $16.50 and gave the company a “neutral” rating in a report on Thursday, March 26th. Finally, Weiss Ratings raised Lsb Industries from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $14.83.

Lsb Industries Stock Performance

The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 44.02 and a beta of 0.47. The stock has a 50 day simple moving average of $11.97 and a 200 day simple moving average of $9.91. 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) last announced its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The business had revenue of $165.05 million for the quarter, compared to analysts’ expectations of $153.88 million. Lsb Industries had a return on equity of 4.90% and a net margin of 4.00%. As a group, analysts anticipate that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other 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 transaction of $75,510.00. Following the completion of the transaction, the chief financial officer owned 200,719 shares in the company, valued at approximately $2,007,190. This represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Barry H. Golsen sold 17,813 shares of the stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $10.04, for a total transaction of $178,842.52. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 387,113 shares of company stock valued at $3,731,647 over the last three months. Company insiders own 4.30% of the company’s stock.

Institutional Inflows and Outflows

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

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.