LSB Industries, Inc. (NYSE:LXU) Receives Average Rating of “Moderate Buy” from Analysts

Shares of LSB Industries, Inc. (NYSE:LXU) have been given an average rating of “Moderate Buy” by the four analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $10.25.

A number of research analysts recently issued reports on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $10.00 price target on shares of LSB Industries in a report on Monday, August 12th. UBS Group raised shares of LSB Industries from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $9.50 to $11.00 in a research note on Thursday, October 10th. Finally, Piper Sandler increased their price target on shares of LSB Industries from $8.80 to $9.00 and gave the company an “underweight” rating in a research note on Thursday, August 8th.

Hedge Funds Weigh In On LSB Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Gendell Jeffrey L lifted its stake in shares of LSB Industries by 22.9% in the 1st quarter. Gendell Jeffrey L now owns 2,450,496 shares of the conglomerate’s stock valued at $21,515,000 after purchasing an additional 457,139 shares during the period. Dimensional Fund Advisors LP lifted its stake in LSB Industries by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,364,562 shares of the conglomerate’s stock valued at $19,342,000 after buying an additional 37,419 shares during the period. Renaissance Technologies LLC boosted its holdings in LSB Industries by 1.4% during the second quarter. Renaissance Technologies LLC now owns 1,816,865 shares of the conglomerate’s stock worth $14,862,000 after buying an additional 25,713 shares during the last quarter. First Eagle Investment Management LLC increased its stake in shares of LSB Industries by 34.1% in the 2nd quarter. First Eagle Investment Management LLC now owns 1,463,395 shares of the conglomerate’s stock valued at $11,971,000 after acquiring an additional 372,500 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of LSB Industries by 11.5% in the 2nd quarter. American Century Companies Inc. now owns 1,312,912 shares of the conglomerate’s stock valued at $10,740,000 after acquiring an additional 135,087 shares during the period. 73.67% of the stock is owned by institutional investors.

LSB Industries Price Performance

Shares of LSB Industries stock opened at $8.66 on Friday. LSB Industries has a 1-year low of $6.74 and a 1-year high of $10.40. The firm’s 50-day moving average price is $8.11 and its two-hundred day moving average price is $8.39. The company has a current ratio of 3.41, a quick ratio of 3.19 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $620.23 million, a price-to-earnings ratio of 216.55, a P/E/G ratio of 1.68 and a beta of 0.82.

LSB Industries (NYSE:LXU) last released its quarterly earnings results on Wednesday, July 31st. The conglomerate reported $0.13 EPS for the quarter, hitting analysts’ consensus estimates of $0.13. LSB Industries had a return on equity of 1.29% and a net margin of 0.40%. The business had revenue of $140.07 million for the quarter, compared to analyst estimates of $147.09 million. On average, equities analysts predict that LSB Industries will post 0.22 earnings per share for the current fiscal year.

About LSB Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.