ValuEngine upgraded shares of Lsb Industries Inc. (NYSE:LXU) from a strong sell rating to a sell rating in a research note released on Friday morning.

Separately, Zacks Investment Research raised shares of Lsb Industries from a sell rating to a hold rating in a research note on Tuesday, June 6th.

Shares of Lsb Industries (LXU) opened at 6.10 on Friday. The stock has a market capitalization of $173.27 million, a P/E ratio of 2.94 and a beta of 4.52. The stock’s 50 day moving average is $6.85 and its 200-day moving average is $8.82. Lsb Industries has a one year low of $4.52 and a one year high of $11.71.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings data on Tuesday, July 25th. The conglomerate reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by $0.26. Lsb Industries had a net margin of 24.04% and a negative return on equity of 1.11%. The firm had revenue of $122.90 million for the quarter, compared to analysts’ expectations of $138.21 million. During the same period in the prior year, the company posted ($0.73) earnings per share. Lsb Industries’s quarterly revenue was up 11.7% compared to the same quarter last year. On average, equities research analysts expect that Lsb Industries will post ($2.57) EPS for the current year.

TRADEMARK VIOLATION WARNING: This news story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/11/lsb-industries-inc-lxu-raised-to-sell-at-valuengine.html.

A number of hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its stake in Lsb Industries by 12.6% during the second quarter. The Manufacturers Life Insurance Company now owns 18,703 shares of the conglomerate’s stock valued at $194,000 after buying an additional 2,090 shares in the last quarter. State Street Corp lifted its stake in Lsb Industries by 2.9% during the second quarter. State Street Corp now owns 454,088 shares of the conglomerate’s stock valued at $4,685,000 after buying an additional 12,920 shares in the last quarter. Royal Bank of Canada lifted its stake in Lsb Industries by 30.7% during the second quarter. Royal Bank of Canada now owns 20,192 shares of the conglomerate’s stock valued at $209,000 after buying an additional 4,739 shares in the last quarter. Voya Investment Management LLC purchased a new stake in Lsb Industries during the second quarter valued at about $115,000. Finally, Parametric Portfolio Associates LLC lifted its stake in Lsb Industries by 6.6% during the second quarter. Parametric Portfolio Associates LLC now owns 590,880 shares of the conglomerate’s stock valued at $6,104,000 after buying an additional 36,444 shares in the last quarter. 70.22% of the stock is owned by institutional investors.

Lsb Industries Company Profile

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Stock Ratings for Lsb Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lsb Industries Inc. and related stocks with our FREE daily email newsletter.