Shares of Luxfer Holdings PLC (NYSE:LXFR) have been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. Luxfer’s rating score has declined by 200% in the last three months as a result of a number of analysts’ ratings changes.
Zacks has also given Luxfer an industry rank of 170 out of 256 based on the ratings given to related companies.
Several analysts recently commented on LXFR shares. ValuEngine lowered Luxfer from a “buy” rating to a “hold” rating in a report on Friday, March 1st. Zacks Investment Research lowered Luxfer from a “hold” rating to a “sell” rating in a report on Wednesday, March 13th.
In other Luxfer news, Director David Landless sold 1,250 shares of the business’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $23.46, for a total transaction of $29,325.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Peter Gibbons sold 1,450 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $25.40, for a total value of $36,830.00. The disclosure for this sale can be found here. Insiders have sold 13,171 shares of company stock valued at $330,542 in the last three months. 1.46% of the stock is currently owned by corporate insiders.
Large investors have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. purchased a new position in shares of Luxfer in the fourth quarter valued at about $34,000. Mckinley Capital Management LLC Delaware purchased a new position in shares of Luxfer in the first quarter valued at about $57,000. Investors Research Corp purchased a new position in shares of Luxfer in the first quarter valued at about $182,000. GSA Capital Partners LLP purchased a new position in shares of Luxfer in the fourth quarter valued at about $185,000. Finally, Northern Trust Corp purchased a new position in shares of Luxfer in the fourth quarter valued at about $200,000. 97.62% of the stock is owned by institutional investors and hedge funds.
Shares of LXFR stock traded up $0.52 during mid-day trading on Thursday, hitting $22.88. The company’s stock had a trading volume of 154,300 shares, compared to its average volume of 175,576. Luxfer has a 52-week low of $16.39 and a 52-week high of $28.06. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.92 and a quick ratio of 0.96. The stock has a market capitalization of $603.76 million, a P/E ratio of 13.54 and a beta of 1.06.
Luxfer (NYSE:LXFR) last issued its quarterly earnings data on Wednesday, May 1st. The industrial products company reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.08). Luxfer had a return on equity of 24.27% and a net margin of 2.11%. The firm had revenue of $120.40 million during the quarter, compared to the consensus estimate of $115.00 million. As a group, analysts anticipate that Luxfer will post 1.72 earnings per share for the current year.
Luxfer Company Profile
Luxfer Holdings Plc is a technology company, which designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for healthcare, environmental, protection, and specialty end-markets. It operates through the Gas Cylinder and Elektron segments. The Gas Cylinders segment manufactures and markets high-pressure aluminum and composite cylinders, systems, and accessories under the Luxfer Gas Cylinders and Superform brands.
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