Luxfer (NYSE:LXFR - Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.880-0.940 for the period, compared to the consensus earnings per share estimate of 0.840. The company issued revenue guidance of -.
Luxfer Stock Down 0.9 %
Shares of NYSE:LXFR traded down $0.12 during midday trading on Tuesday, hitting $12.74. 99,203 shares of the company's stock traded hands, compared to its average volume of 151,280. Luxfer has a twelve month low of $7.55 and a twelve month high of $13.52. The company has a market cap of $349.25 million, a PE ratio of -67.68, a P/E/G ratio of 2.42 and a beta of 0.91. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 2.39. The firm's fifty day moving average price is $12.01 and its two-hundred day moving average price is $11.64.
Luxfer (NYSE:LXFR - Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. Luxfer had a positive return on equity of 6.24% and a negative net margin of 1.28%. The firm had revenue of $99.70 million for the quarter, compared to analysts' expectations of $99.70 million. On average, equities research analysts anticipate that Luxfer will post 0.75 EPS for the current fiscal year.
Luxfer Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, October 18th will be given a $0.13 dividend. The ex-dividend date is Friday, October 18th. This represents a $0.52 dividend on an annualized basis and a yield of 4.08%. Luxfer's dividend payout ratio (DPR) is -273.68%.
Insider Activity
In related news, insider Graham Wardlow sold 6,500 shares of the firm's stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $10.83, for a total transaction of $70,395.00. Following the transaction, the insider now owns 29,008 shares of the company's stock, valued at approximately $314,156.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.17% of the stock is currently owned by corporate insiders.
About Luxfer
(
Get Free Report)
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.
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