Luxfer Holdings PLC (NYSE:LXFR – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday after Weiss Ratings upgraded the stock from a hold (c) rating to a hold (c+) rating. The stock has a 50 day moving average of $17.25 and traded as high as $17.33. Luxfer shares last traded at $17.3250, with a volume of 1,610,331 shares changing hands.
Separately, Zacks Research cut Luxfer from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Luxfer currently has an average rating of “Hold” and an average target price of $16.40.
View Our Latest Research Report on LXFR
Luxfer News Roundup
Here are the key news stories impacting Luxfer this week:
- Positive Sentiment: Shareholders approved the Wynnchurch Capital transaction, advancing the acquisition. Luxfer shareholders approve $17.37/share acquisition by Wynnchurch Capital
- Negative Sentiment: Zacks Research downgraded Luxfer from “hold” to “strong sell,” adding pressure to sentiment. Zacks Research ratings
- Negative Sentiment: Sidoti lowered its FY2026 EPS estimate to $0.96 from $1.10 and its FY2027 estimate to $1.20 from $1.32, signaling a weaker earnings outlook. Luxfer Stock Sees Q4 Earnings Estimate Lowered at Sidoti
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Luxfer during the second quarter valued at $34,000. EverSource Wealth Advisors LLC raised its stake in shares of Luxfer by 63.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,793 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 1,083 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Luxfer by 61.7% during the third quarter. State of Alaska Department of Revenue now owns 3,120 shares of the industrial products company’s stock worth $53,000 after buying an additional 1,191 shares during the last quarter. Fortitude Family Office LLC bought a new stake in shares of Luxfer in the third quarter worth about $83,000. Finally, Axxcess Wealth Management LLC acquired a new position in shares of Luxfer in the third quarter valued at approximately $233,000. Institutional investors and hedge funds own 90.82% of the company’s stock.
Luxfer Price Performance
The stock has a market cap of $463.62 million, a P/E ratio of 75.33, a PEG ratio of 2.56 and a beta of 1.13. The company has a current ratio of 2.47, a quick ratio of 1.19 and a debt-to-equity ratio of 0.26. The company has a 50 day simple moving average of $17.25 and a 200 day simple moving average of $15.85.
Luxfer (NYSE:LXFR – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The business had revenue of $89.30 million during the quarter, compared to the consensus estimate of $93.70 million. Luxfer had a net margin of 1.71% and a return on equity of 11.86%. Sell-side analysts forecast that Luxfer Holdings PLC will post 0.96 earnings per share for the current fiscal year.
Luxfer Company Profile
Luxfer Holdings PLC (NYSE: LXFR) is a global manufacturer of engineered materials and high-pressure gas cylinders. The company serves industrial, healthcare, transportation, aerospace, defense, emergency response and other specialized markets with products designed for demanding applications.
Through its Luxfer Gas Cylinders business, the company produces aluminum, composite and other specialized cylinders used to store and transport medical oxygen, breathing air, industrial gases, alternative fuels such as compressed natural gas and hydrogen, and fire-suppression agents.
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