January 30, 2023

LSB Industries, Inc. (NYSE:LXU – Get Rating) – Research analysts at Jefferies Financial Group have upgraded their fiscal 2025 EPS estimates for LSB Industries in a research note issued to investors on Monday, January 23 would. Jefferies Financial Group analyst L. Alexander now forecasts the conglomerate to earn $2.10 per share for the year, up from its previous estimate of $0.85. Jefferies Financial Group currently has a Buy rating and a price target of $20.00 on the stock. The consensus estimate for LSB Industries’ current full-year earnings is $2.89 per share.

A number of other research firms have also recently published reports on LXU. Goldman Sachs Group issued a report on LSB Industries on Tuesday, October 25th. They issued a “neutral” rating and a price target of $20.00 on the company. UBS Group lowered its price target on LSB Industries to $19.00 from $21.00 and gave the stock a “buy” rating in a research note on Wednesday, January 11th. The Royal Bank of Canada began coverage of LSB Industries in a report on Thursday, November 17th. They issued an “outperform” rating and a price target of $20.00 on the stock. Finally, StockNews.com downgraded LSB Industries from a “buy” rating to a “hold” rating in a research note on Friday, January 6th. Two research analysts have rated the stock with a hold rating and five have rated the company’s stock with a buy. Based on data from MarketBeat.com, LSB Industries has a consensus rating of Moderate Buy and an average target price of $21.33.

LSB Industries is down 0.5%

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LSB Industries shares opened at $12.28 on Wednesday. LSB Industries has a 1-year low of $9.06 and a 1-year high of $27.45. The company has a current ratio of 3.87, a quick ratio of 3.67 and a debt-to-equity ratio of 1.34. The company’s 50-day simple moving average is $13.61 and its 200-day simple moving average is $14.37. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 5.34 and a beta of 1.65.

LSB Industries (NYSE:LXU – Get Rating) last announced earnings results on Tuesday, November 1st. The conglomerate reported $0.03 per share for the quarter, missing the consensus estimate of $0.07 ($0.04). The company had revenue of $184.27 million for the quarter, compared to analyst estimates of $182.65 million. LSB Industries had a return on equity of 44.12% and a net margin of 24.07%.

Hedge funds rely on LSB Industries

A number of major investors have recently bought and sold shares in LXU. The National Bank of Canada FI increased its stake in LSB Industries by 260.7% in the fourth quarter. The National Bank of Canada FI now owns 2,518 shares of the conglomerate, valued at $33,000, after buying another 1,820 shares last quarter. Allspring Global Investments Holdings LLC increased its stake in LSB Industries by 103.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 7,540 shares of the conglomerate valued at $100,000 after purchasing an additional 3,827 shares during the period. Bourgeon Capital Management LLC acquired a new interest in LSB Industries stock valued at approximately $80,000 during the fourth quarter. Range Financial Group LLC acquired a new interest in LSB Industries stock valued at approximately $657,000 during the fourth quarter. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of LSB Industries valued at approximately $351,000 during the fourth quarter. Institutional investors own 81.20% of the company’s shares.

Insider buying and selling at LSB Industries

In addition, major shareholder Lsb Funding Llc sold 15,977,500 shares of the Company’s shares in a transaction dated Thursday, November 10th. The stock sold at an average price of $12.99 for a total transaction of $207,547,725.00. Following the closing of the transaction, the insider now owns 1,672,500 shares of the company, valued at $21,725,775. The sale was disclosed in a document filed with the SEC, which is available on the SEC’s website. Company insiders own 4.20% of the company’s shares.

Company Profile of LSB Industries

(received rating)

LSB Industries, Inc is engaged in the manufacture, marketing and sale of chemical products for the agricultural, mining and industrial markets. The Company also owns and operates facilities in El Dorado, Arkansas (El Dorado Facility), Cherokee, Alabama (Cherokee Facility) and Pryor, Oklahoma (Pryor Facility), as well as a facility for Covestro AG (Covestro) in Baytown, Texas (Baytown ). Furnishings).

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