Lsb Industries Inc. (NYSE:LXU) Receives $15.33 Consensus Target Price from Analysts

Lsb Industries Inc. (NYSE:LXU) has received a consensus rating of “Hold” from the five brokerages that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $14.6667.

LXU has been the subject of several recent analyst reports. Royal Bank Of Canada reduced their target price on Lsb Industries from $15.00 to $13.00 and set a “sector perform” rating for the company in a research report on Friday, July 17th. UBS Group set a $16.00 price target on Lsb Industries and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Weiss Ratings raised Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, April 24th. Finally, Wall Street Zen cut shares of Lsb Industries from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 12th.

Insider Buying and Selling

In other news, Director Lynn F. White sold 40,000 shares of Lsb Industries stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $11.80, for a total transaction of $472,000.00. Following the completion of the sale, the director directly owned 202,489 shares of the company’s stock, valued at approximately $2,389,370.20. The trade was a 16.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Kristy Carver sold 9,554 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $12.38, for a total transaction of $118,278.52. Following the completion of the transaction, the senior vice president owned 47,452 shares of the company’s stock, valued at $587,455.76. This trade represents a 16.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Lsb Industries

A number of large investors have recently added to or reduced their stakes in the company. Kennedy Capital Management LLC grew its position in Lsb Industries by 0.4% during the 4th quarter. Kennedy Capital Management LLC now owns 277,355 shares of the conglomerate’s stock worth $2,358,000 after acquiring an additional 1,210 shares during the last quarter. Rhumbline Advisers increased its stake 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 purchasing an additional 1,616 shares during the period. Millennium Management LLC lifted its position in Lsb Industries by 8.5% in the fourth quarter. Millennium Management LLC now owns 21,573 shares of the conglomerate’s stock valued at $183,000 after purchasing an additional 1,692 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Lsb Industries by 21.0% during the third quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock valued at $97,000 after purchasing an additional 2,148 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Lsb Industries by 7.4% during the first quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock valued at $257,000 after purchasing an additional 2,692 shares during the period. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Stock Up 2.0%

Shares of NYSE:LXU opened at $11.56 on Wednesday. The firm has a fifty day moving average price of $11.97 and a two-hundred day moving average price of $12.16. The company has a market cap of $831.99 million, a price-to-earnings ratio of 18.36 and a beta of 0.34. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.07 and a quick ratio of 2.85. Lsb Industries has a one year low of $7.09 and a one year high of $17.22.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.14. Lsb Industries had a net margin of 7.16% and a return on equity of 8.91%. The firm had revenue of $169.49 million for the quarter, compared to analysts’ expectations of $166.19 million. Analysts anticipate that Lsb Industries will post 0.53 EPS for the current fiscal year.

About Lsb Industries

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.