Brokerages Set LSB Industries, Inc. (NYSE:LXU) Target Price at $10.25

Shares of LSB Industries, Inc. (NYSE:LXU - Get Free Report) have been assigned an average rating of "Moderate Buy" from the four ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $10.25.

Several equities research analysts have recently weighed in on the stock. Piper Sandler increased their target price on shares of LSB Industries from $8.80 to $9.00 and gave the company an "underweight" rating in a research note on Thursday, August 8th. Royal Bank of Canada restated an "outperform" rating and set a $10.00 price objective on shares of LSB Industries in a research note on Monday, August 12th. Finally, UBS Group raised shares of LSB Industries from a "neutral" rating to a "buy" rating and lifted their target price for the company from $9.50 to $11.00 in a report on Thursday, October 10th.

LSB Industries Price Performance

Shares of NYSE:LXU traded down $0.07 during midday trading on Friday, reaching $8.66. 208,572 shares of the company were exchanged, compared to its average volume of 397,101. The company has a current ratio of 3.41, a quick ratio of 3.19 and a debt-to-equity ratio of 0.92. The business's fifty day moving average is $8.11 and its two-hundred day moving average is $8.39. LSB Industries has a one year low of $6.74 and a one year high of $10.40. The stock has a market cap of $620.23 million, a PE ratio of 216.55, a price-to-earnings-growth ratio of 1.68 and a beta of 0.82.

LSB Industries (NYSE:LXU - Get Free Report) last issued its earnings results on Wednesday, July 31st. The conglomerate reported $0.13 earnings per share for the quarter, hitting analysts' consensus estimates of $0.13. LSB Industries had a net margin of 0.40% and a return on equity of 1.29%. The firm had revenue of $140.07 million during the quarter, compared to analyst estimates of $147.09 million. As a group, analysts predict that LSB Industries will post 0.22 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets lifted its position in LSB Industries by 84.3% in the first quarter. BNP Paribas Financial Markets now owns 26,411 shares of the conglomerate's stock valued at $232,000 after buying an additional 12,082 shares during the last quarter. Capstone Investment Advisors LLC increased its stake in LSB Industries by 9.0% during the first quarter. Capstone Investment Advisors LLC now owns 27,250 shares of the conglomerate's stock worth $239,000 after purchasing an additional 2,250 shares during the period. First Eagle Investment Management LLC increased its stake in LSB Industries by 9.3% during the first quarter. First Eagle Investment Management LLC now owns 1,090,895 shares of the conglomerate's stock worth $9,578,000 after purchasing an additional 92,500 shares during the period. Price T Rowe Associates Inc. MD increased its stake in LSB Industries by 6.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 31,581 shares of the conglomerate's stock worth $278,000 after purchasing an additional 1,837 shares during the period. Finally, Gendell Jeffrey L increased its stake in LSB Industries by 22.9% during the first quarter. Gendell Jeffrey L now owns 2,450,496 shares of the conglomerate's stock worth $21,515,000 after purchasing an additional 457,139 shares during the period. Institutional investors and hedge funds own 73.67% of the company's stock.

About LSB Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.