Luxfer (NYSE:LXFR – Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03), FiscalAI reports. The company had revenue of $89.30 million for the quarter, compared to analysts’ expectations of $93.70 million. Luxfer had a net margin of 2.20% and a return on equity of 12.22%.
Luxfer Trading Up 0.0%
Shares of NYSE LXFR traded up $0.01 during midday trading on Wednesday, hitting $17.27. The company’s stock had a trading volume of 290,568 shares, compared to its average volume of 248,818. Luxfer has a 12-month low of $11.26 and a 12-month high of $19.45. The company has a current ratio of 2.33, a quick ratio of 1.05 and a debt-to-equity ratio of 0.26. The firm has a market cap of $466.03 million, a P/E ratio of 57.55, a price-to-earnings-growth ratio of 2.24 and a beta of 1.12. The business’s 50 day moving average is $17.24 and its two-hundred day moving average is $15.79.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Luxfer from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Luxfer presently has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on LXFR
About Luxfer
Luxfer Holdings PLC (NYSE: LXFR) is a global manufacturer of engineered materials and high-pressure gas cylinders. The company serves industrial, healthcare, transportation, aerospace, defense, emergency response and other specialized markets with products designed for demanding applications.
Through its Luxfer Gas Cylinders business, the company produces aluminum, composite and other specialized cylinders used to store and transport medical oxygen, breathing air, industrial gases, alternative fuels such as compressed natural gas and hydrogen, and fire-suppression agents.
Further Reading
- Five stocks we like better than Luxfer
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Luxfer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luxfer and related companies with MarketBeat.com's FREE daily email newsletter.
