Shares of Luxfer Holdings PLC (NYSE:LXFR) have received an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. Luxfer’s rating score has declined by 200% from three months ago as a result of various analysts’ ratings changes.
Zacks has also assigned Luxfer an industry rank of 200 out of 256 based on the ratings given to its competitors.
LXFR has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Home Bancshares from a “hold” rating to a “sell” rating in a research report on Friday, June 7th. ValuEngine raised shares of Valmont Industries from a “sell” rating to a “hold” rating in a research report on Friday.
In other Luxfer news, Director David Landless sold 1,250 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $23.46, for a total value of $29,325.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew Butcher sold 4,963 shares of the company’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $25.08, for a total transaction of $124,472.04. Following the completion of the sale, the insider now directly owns 89,134 shares of the company’s stock, valued at $2,235,480.72. The disclosure for this sale can be found here. Insiders sold a total of 12,863 shares of company stock valued at $323,643 over the last ninety days. 1.46% of the stock is currently owned by insiders.
Hedge funds have recently modified their holdings of the business. Mckinley Capital Management LLC Delaware bought a new position in shares of Luxfer during the 1st quarter valued at approximately $57,000. Investors Research Corp bought a new position in shares of Luxfer during the 1st quarter valued at approximately $182,000. GSA Capital Partners LLP bought a new position in shares of Luxfer during the 4th quarter valued at approximately $185,000. Northern Trust Corp bought a new position in shares of Luxfer during the 4th quarter valued at approximately $200,000. Finally, Oppenheimer Asset Management Inc. grew its position in shares of Luxfer by 327.0% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 8,173 shares of the industrial products company’s stock valued at $204,000 after acquiring an additional 6,259 shares during the period. 97.62% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE:LXFR traded up $0.13 during midday trading on Friday, hitting $23.39. 155,499 shares of the company’s stock were exchanged, compared to its average volume of 358,084. The company has a current ratio of 1.92, a quick ratio of 0.96 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average price is $23.80. The stock has a market cap of $616.48 million, a P/E ratio of 13.84 and a beta of 1.02. Luxfer has a 12 month low of $16.39 and a 12 month high of $28.06.
Luxfer (NYSE:LXFR) last posted its earnings results on Wednesday, May 1st. The industrial products company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). The business had revenue of $120.40 million for the quarter, compared to the consensus estimate of $115.00 million. Luxfer had a return on equity of 24.27% and a net margin of 2.11%. Analysts expect that Luxfer will post 1.72 EPS for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Wednesday, August 7th. Shareholders of record on Friday, July 19th will be given a $0.125 dividend. The ex-dividend date is Thursday, July 18th.
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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