LSB Industries (NYSE:LXU) Upgraded at Wall Street Zen

LSB Industries (NYSE:LXU) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other analysts have also issued reports on the stock. Piper Sandler set a $10.00 price target on shares of LSB Industries in a research report on Thursday, March 27th. UBS Group cut their price objective on shares of LSB Industries from $11.00 to $8.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th.

LSB Industries Stock Down 0.1%

Shares of NYSE:LXU opened at $7.58 on Friday. The stock has a market capitalization of $544.84 million, a price-to-earnings ratio of -36.09, a price-to-earnings-growth ratio of 0.89 and a beta of 1.05. LSB Industries has a 1-year low of $4.88 and a 1-year high of $10.40. The company’s fifty day moving average is $6.30 and its two-hundred day moving average is $7.45. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.36 and a current ratio of 2.53.

LSB Industries (NYSE:LXU) last released its earnings results on Tuesday, April 29th. The conglomerate reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.04). LSB Industries had a negative net margin of 2.99% and a positive return on equity of 0.98%. The company had revenue of $143.43 million for the quarter, compared to analyst estimates of $139.79 million. Equities analysts anticipate that LSB Industries will post -0.18 EPS for the current year.

Institutional Trading of LSB Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in LXU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of LSB Industries by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,578 shares of the conglomerate’s stock valued at $232,000 after acquiring an additional 1,292 shares during the last quarter. Barclays PLC boosted its holdings in shares of LSB Industries by 1.7% in the 4th quarter. Barclays PLC now owns 90,783 shares of the conglomerate’s stock valued at $688,000 after buying an additional 1,510 shares during the last quarter. Kennedy Capital Management LLC lifted its holdings in LSB Industries by 1.1% during the 4th quarter. Kennedy Capital Management LLC now owns 162,269 shares of the conglomerate’s stock valued at $1,232,000 after purchasing an additional 1,691 shares during the last quarter. Humankind Investments LLC lifted its holdings in LSB Industries by 12.1% during the 1st quarter. Humankind Investments LLC now owns 16,372 shares of the conglomerate’s stock valued at $108,000 after purchasing an additional 1,769 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in LSB Industries by 2.9% during the 4th quarter. LPL Financial LLC now owns 70,100 shares of the conglomerate’s stock valued at $532,000 after purchasing an additional 1,960 shares during the last quarter. 73.67% of the stock is owned by institutional investors.

LSB Industries Company Profile

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.