Lsb Industries (NYSE:LXU) Price Target Raised to $12.50

Lsb Industries (NYSE:LXU) had its target price upped by UBS Group from $12.00 to $12.50 in a report issued on Tuesday morning,Benzinga reports. UBS Group currently has a neutral rating on the conglomerate’s stock.

Several other equities analysts have also recently weighed in on LXU. set a $13.00 price objective on shares of Lsb Industries and gave the stock an “outperform” rating in a research note on Monday, October 5th. Freedom Broker began coverage on shares of Lsb Industries in a report on Tuesday, October 27th. They issued a “hold” rating and a $9.50 price objective on the stock. Royal Bank Of Canada upgraded shares of Lsb Industries from a “sector perform” rating to an “outperform” rating and set a $13.00 target price for the company in a research report on Monday, August 10th. Weiss Ratings raised shares of Lsb Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Finally, Wall Street Zen downgraded shares of Lsb Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $12.50.

Lsb Industries Stock Performance

Shares of LXU opened at $10.36 on Tuesday. The firm has a market capitalization of $745.70 million, a P/E ratio of 17.16 and a beta of 0.36. The company has a debt-to-equity ratio of 0.79, a current ratio of 3.01 and a quick ratio of 2.83. Lsb Industries has a one year low of $8.20 and a one year high of $17.22. The business has a fifty day moving average of $10.57 and a 200 day moving average of $11.76.

Lsb Industries (NYSE:LXU) last posted its earnings results on Wednesday, October 28th. The conglomerate reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. The company had revenue of $158.60 million for the quarter, compared to the consensus estimate of $160.18 million. Lsb Industries had a return on equity of 8.51% and a net margin of 6.95%.

Institutional Trading of Lsb Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Persistent Asset Partners Ltd bought a new position in shares of Lsb Industries in the second quarter worth approximately $47,000. Cibc World Market Inc. purchased a new stake in shares of Lsb Industries in the second quarter worth $140,000. PDT Partners LLC purchased a new stake in shares of Lsb Industries in the second quarter worth $145,000. Arizona State Retirement System bought a new stake in shares of Lsb Industries during the 2nd quarter valued at $166,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Lsb Industries during the 2nd quarter valued at $176,000. Hedge funds and other institutional investors own 73.67% of the company’s stock.

Lsb Industries Company Profile

LSB Industries, Inc is a chemical manufacturing company headquartered in Oklahoma City, Oklahoma. The company produces nitrogen-based fertilizers and industrial and mining chemicals for customers in the agricultural, industrial and explosives markets.

Its product portfolio includes ammonia, fertilizer-grade ammonium nitrate, urea ammonium nitrate and nitric acid, as well as industrial products such as sulfuric acid, carbon dioxide and diesel exhaust fluid. LSB also supplies ammonium nitrate and related products used in mining and other industrial applications.

LSB Industries operates manufacturing facilities in the United States, including locations in Alabama, Arkansas and Oklahoma, and serves customers primarily across North America.