Lsb Industries Inc. (NYSE:LXU) Stock Has Average Target Price of $14.67

Lsb Industries Inc. (NYSE:LXU) has been given an average rating of “Hold” by the five research firms that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $14.67.

LXU has been the topic of several recent research reports. Wall Street Zen cut shares of Lsb Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings downgraded Lsb Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 4th. Finally, Royal Bank Of Canada upgraded Lsb Industries from a “sector perform” rating to an “outperform” rating and set a $13.00 target price on the stock in a report on Monday, August 10th.

Lsb Industries Stock Performance

Shares of LXU stock opened at $9.74 on Monday. The firm has a market capitalization of $701.28 million, a PE ratio of 19.48 and a beta of 0.31. The firm has a fifty day simple moving average of $10.69 and a two-hundred day simple moving average of $12.32. The company has a current ratio of 2.43, a quick ratio of 2.31 and a debt-to-equity ratio of 0.82. Lsb Industries has a 12 month low of $7.71 and a 12 month high of $17.22.

Lsb Industries (NYSE:LXU) last released its quarterly earnings data on Wednesday, July 29th. The conglomerate reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.42). The business had revenue of $168.09 million during the quarter, compared to the consensus estimate of $155.45 million. Lsb Industries had a net margin of 5.58% and a return on equity of 6.98%. Analysts forecast that Lsb Industries will post 0.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Lsb Industries in the 2nd quarter valued at about $50,802,000. Dimensional Fund Advisors LP boosted its stake in shares of Lsb Industries by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,431,936 shares of the conglomerate’s stock worth $36,241,000 after buying an additional 57,999 shares during the last quarter. Robotti Robert bought a new position in shares of Lsb Industries in the second quarter valued at approximately $22,914,000. Renaissance Technologies LLC grew its holdings in shares of Lsb Industries by 2.7% in the first quarter. Renaissance Technologies LLC now owns 1,792,506 shares of the conglomerate’s stock valued at $26,708,000 after acquiring an additional 46,613 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Lsb Industries during the first quarter valued at approximately $11,458,000. 73.67% of the stock is owned by institutional investors.

About Lsb Industries

LSB Industries, Inc is a diversified chemical company that manufactures nitrogen-based fertilizer and industrial products. Its agricultural offerings include ammonia, urea ammonium nitrate (UAN) and ammonium nitrate, which are used by farmers and agricultural distributors to support crop production.

The company also produces industrial chemicals, including ammonia and nitric acid, for applications in areas such as emissions control, chemical processing, mining and other industrial markets.