Luxfer (NYSE:LXFR) Announces Earnings Results

Luxfer (NYSE:LXFR) released its quarterly earnings data on Wednesday. The industrial products company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03), FiscalAI reports. The business had revenue of $89.30 million during the quarter, compared to analyst estimates of $93.70 million. Luxfer had a net margin of 1.71% and a return on equity of 11.83%.

Luxfer Trading Up 0.1%

Shares of LXFR opened at $17.27 on Friday. Luxfer has a 12-month low of $11.26 and a 12-month high of $19.45. The firm has a market capitalization of $466.25 million, a P/E ratio of 17.60, a P/E/G ratio of 2.24 and a beta of 1.12. The firm has a 50-day moving average price of $17.24 and a 200 day moving average price of $15.80. The company has a current ratio of 2.33, a quick ratio of 1.05 and a debt-to-equity ratio of 0.26.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Luxfer from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Luxfer currently has a consensus rating of “Moderate Buy”.

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.