Luxfer (LXFR) Scheduled to Post Earnings on Wednesday

Luxfer (NYSE:LXFR - Get Free Report) will be issuing its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Luxfer has set its FY 2024 guidance at 0.900-1.000 EPS.Individual that are interested in participating in the company's earnings conference call can do so using this link.

Luxfer (NYSE:LXFR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.01. Luxfer had a negative net margin of 1.28% and a positive return on equity of 6.24%. The firm had revenue of $99.70 million during the quarter, compared to the consensus estimate of $99.70 million. On average, analysts expect Luxfer to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Luxfer Price Performance

LXFR stock traded down $0.39 during trading on Wednesday, hitting $12.33. 119,393 shares of the stock traded hands, compared to its average volume of 151,925. Luxfer has a one year low of $7.55 and a one year high of $13.52. The stock has a market cap of $338.01 million, a price-to-earnings ratio of -64.89, a P/E/G ratio of 2.48 and a beta of 0.91. The company has a 50 day simple moving average of $11.90 and a 200 day simple moving average of $11.59. The company has a current ratio of 2.39, a quick ratio of 1.21 and a debt-to-equity ratio of 0.36.

Luxfer Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, October 18th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Friday, October 18th. Luxfer's dividend payout ratio is currently -273.68%.

Insider Activity at Luxfer

In related news, insider Graham Wardlow sold 6,500 shares of Luxfer stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $10.83, for a total transaction of $70,395.00. Following the completion of the transaction, the insider now directly owns 29,008 shares of the company's stock, valued at $314,156.64. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.17% of the stock is currently owned by insiders.

Luxfer Company Profile

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.