LSB Industries Inc. (NYSE: LXU) is -28.87% lower on its value in year-to-date trading and has touched a low of $8.15 and a high of $22.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LXU stock was last observed hovering at around $9.43 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $13.50 for the next 12 months. It is also 60.58% off the consensus price target high of $24.00 offered by 8 analysts, but current levels are 5.4% higher than the price target low of $10.00 for the same period.
Currently trading at $9.46, the stock is 3.51% and -1.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing 0.32% at the moment leaves the stock -27.52% off its SMA200. LXU registered -51.11% loss for a year compared to 6-month loss of -33.38%. The firm has a 50-day simple moving average (SMA 50) of $1.15 and a 200-day simple moving average (SMA200) of $3.77.
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The stock witnessed a 6.41% gain in the last 1 month and extending the period to 3 months gives it a -32.28%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.91% over the week and 4.84% over the month.
LSB Industries Inc. (LXU) has around 571 employees, a market worth around $736.56M and $883.70M in sales. Current P/E ratio is 4.26 and Fwd P/E is 9.49. Profit margin for the company is 21.20%. Distance from 52-week low is 16.07% and -57.44% from its 52-week high. The company has generated returns on investments over the last 12 months (21.60%).
LSB Industries Inc. (LXU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for LSB Industries Inc. (LXU) is a “Overweight”. 8 analysts offering their recommendations for the stock have an average rating of 2.30, where 3 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
LSB Industries Inc. is expected to release its quarterly report on 07/26/2023.The EPS is expected to grow by 160.80% this year
LSB Industries Inc. (LXU) Top Institutional Holders
The shares outstanding are 75.81M, and float is at 56.49M with Short Float at 3.65%.
LSB Industries Inc. (LXU) Insider Activity
A total of 21 insider transactions have happened at LSB Industries Inc. (LXU) in the last six months, with sales accounting for 14 and purchases happening 7 times. The most recent transaction is an insider sale by LSB Funding LLC, the company’s 10% Owner. SEC filings show that LSB Funding LLC sold 15,977,500 shares of the company’s common stock on Nov 10 at a price of $12.99 per share for a total of $207.61 million. Following the sale, the insider now owns 1.67 million shares.
LSB Industries Inc. disclosed in a document filed with the SEC on Aug 16 that LSB Funding LLC (10% Owner) sold a total of 600,000 shares of the company’s common stock. The trade occurred on Aug 16 and was made at $12.32 per share for $7.39 million. Following the transaction, the insider now directly holds 17.65 million shares of the LXU stock.
Still, SEC filings show that on Aug 16, SBT Investors LLC (10% Owner) disposed off 600,000 shares at an average price of $12.32 for $7.39 million. The insider now directly holds 17,453,398 shares of LSB Industries Inc. (LXU).
LSB Industries Inc. (LXU): Who are the competitors?
The company’s main competitors (and peers) include Air Products and Chemicals Inc. (APD) that is trading 14.91% up over the past 12 months and Lennox International Inc. (LII) that is 37.03% higher over the same period. AAON Inc. (AAON) is 76.33% up on the 1-year trading charts.
