Analysts Set Lsb Industries Inc. (NYSE:LXU) PT at $15.33

Lsb Industries Inc. (NYSE:LXU) has earned a consensus rating of “Hold” from the five analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $15.3333.

Several equities research analysts have issued reports on LXU shares. Jefferies Financial Group raised their price target on shares of Lsb Industries from $11.00 to $15.00 and gave the stock a “hold” rating in a research note on Thursday, March 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $15.00 price target (up from $14.00) on shares of Lsb Industries in a research note on Monday, May 11th. Wall Street Zen raised shares of Lsb Industries from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 6th. Zacks Research cut shares of Lsb Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, UBS Group set a $16.00 target price on shares of Lsb Industries and gave the stock a “neutral” rating in a research report on Wednesday, May 13th.

Lsb Industries Stock Performance

NYSE:LXU opened at $12.55 on Tuesday. Lsb Industries has a twelve month low of $7.09 and a twelve month high of $17.22. The company has a market capitalization of $902.47 million, a P/E ratio of 19.91 and a beta of 0.38. The firm has a 50-day moving average price of $14.39 and a two-hundred day moving average price of $11.49. The company has a current ratio of 3.07, a quick ratio of 2.85 and a debt-to-equity ratio of 0.81.

Lsb Industries (NYSE:LXU) last released its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.14. Lsb Industries had a net margin of 7.16% and a return on equity of 8.91%. The company had revenue of $169.49 million for the quarter, compared to analysts’ expectations of $166.19 million. As a group, research analysts expect that Lsb Industries will post 0.53 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lsb Industries

Several hedge funds have recently modified their holdings of LXU. Royal Bank of Canada boosted its position in shares of Lsb Industries by 7.4% in the first quarter. Royal Bank of Canada now owns 38,916 shares of the conglomerate’s stock worth $257,000 after acquiring an additional 2,692 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Lsb Industries in the first quarter worth approximately $697,000. JPMorgan Chase & Co. boosted its position in shares of Lsb Industries by 22.3% in the second quarter. JPMorgan Chase & Co. now owns 178,493 shares of the conglomerate’s stock worth $1,392,000 after acquiring an additional 32,516 shares during the last quarter. Rhumbline Advisers lifted its position in Lsb Industries by 1.8% during the second quarter. Rhumbline Advisers now owns 89,804 shares of the conglomerate’s stock valued at $700,000 after buying an additional 1,616 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Lsb Industries during the second quarter valued at approximately $1,694,000. 73.67% of the stock is owned by institutional investors and hedge funds.

About Lsb Industries

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.