LSB Industries (NYSE:LXU) Trading Up 4.5% – Should You Buy?

LSB Industries, Inc. (NYSE:LXU)’s share price rose 4.5% during trading on Wednesday . The stock traded as high as $8.62 and last traded at $8.55. Approximately 158,225 shares changed hands during trading, a decline of 60% from the average daily volume of 396,121 shares. The stock had previously closed at $8.18.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LXU. UBS Group dropped their target price on shares of LSB Industries from $9.25 to $8.75 and set a “neutral” rating on the stock in a research report on Tuesday, July 9th. Piper Sandler increased their price target on LSB Industries from $8.80 to $9.00 and gave the stock an “underweight” rating in a report on Thursday, August 8th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $10.00 price target on shares of LSB Industries in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $9.69.

LSB Industries Stock Performance

The company has a debt-to-equity ratio of 0.92, a current ratio of 3.41 and a quick ratio of 3.19. The company has a 50 day simple moving average of $7.87 and a 200-day simple moving average of $8.34. The stock has a market capitalization of $597.39 million, a P/E ratio of 35.67, a price-to-earnings-growth ratio of 1.43 and a beta of 0.82.

LSB Industries (NYSE:LXU) last posted its quarterly earnings results on Wednesday, July 31st. The conglomerate reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The company had revenue of $140.07 million for the quarter, compared to analyst estimates of $147.09 million. LSB Industries had a net margin of 0.40% and a return on equity of 1.29%. On average, equities analysts forecast that LSB Industries, Inc. will post 0.22 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. nVerses Capital LLC purchased a new stake in shares of LSB Industries in the 2nd quarter valued at about $34,000. Bayesian Capital Management LP purchased a new stake in LSB Industries in the first quarter valued at approximately $97,000. Squarepoint Ops LLC purchased a new position in LSB Industries in the 2nd quarter worth approximately $116,000. Susquehanna Fundamental Investments LLC bought a new position in shares of LSB Industries in the 2nd quarter worth $118,000. Finally, SG Americas Securities LLC purchased a new stake in shares of LSB Industries during the 3rd quarter valued at $151,000. 73.67% of the stock is owned by institutional investors.

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.