Look At Analyst Expectations For A Better Read On LSB Industries Inc. (NYSE: LXU)

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    Maple Rock Capital Partners, Inc. recently announced the acquisition of new stake in LSB Industries Inc. (NYSE:LXU). The institutional investor has increased its shareholding in the Basic Materials company to 0.95 million shares with purchase of 0.95 million shares. This fresh investment now brings its stake to 3.26% valued currently at $1.03 million. In addition, SSgA Funds Management, Inc. raised its holdings by 93397.0 to 0.67 million shares. And Eidelman Virant Capital, Inc. has lifted its position by 137.89% or 0.38 million shares – to 0.66 million shares.

    With over 0.51 million LSB Industries Inc. (LXU) shares trading Thursday and a closing price of $1.17 on the day, the dollar volume was approximately $0.6 million. The shares have shown a positive weekly performance of 7.34% and its price on 07/02/20 lost nearly -4.10%. Currently, there are 28.18M common shares owned by the public and among those 25.51M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for LXU have a consensus price objective of $11.20. The analysts have set the share’s price value over the next 12 months at a high of $13.40 and a low of $9.00 should the stock experience a downside. Incidentally, analysts’ outlook for the LSB Industries Inc. with estimated low will see the stock gain 87.0% over that period. But an upside of 91.27% will see the stock hit the forecast high price target while mean target price for the stock is $11.20.

    Insiders at the company have transacted a total of 33 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 19 of these insider trades were purchases, accounting for 925,101 shares. Insider sales of the common stock occurred on 14 occasions, with total insider shares sold totaling 100,142 shares.

    The top 3 mutual fund holders in LSB Industries Inc. are Vanguard Total Stock Market Index, iShares Russell 2000 ETF, and DFA US Small Cap Portfolio. Vanguard Total Stock Market Index owns 0.68 million shares of the company’s stock, all valued at over $0.74 million. The company has a total holdings of about 2.32% of the shares outstanding. iShares Russell 2000 ETF bought 4399.0 shares to see its total holdings expand to 0.44 million shares valued at over $0.47 million and representing 1.50% of the shares outstanding. DFA US Small Cap Portfolio sold 9550.0 shares to bring its total holdings to over 0.36 million shares at a value of $0.38 million. DFA US Small Cap Portfolio now owns shares totaling to 1.21% of the shares outstanding.

    Shares of LSB Industries Inc. (NYSE: LXU) opened at $1.25, up $0.03 from a prior closing price of $1.22. However, the script later closed the day at $1.17, down -4.10%. The company’s stock has a 5-day price change of 7.34% and -25.95% over the past three months. LXU shares are trading -72.14% year to date (YTD), with the 12-month market performance down to -70.38% lower. It has a 12-month low price of $1.04 and touched a high of $6.76 over the same period. Currently, 0.51 million shares have been traded, compared to an average intraday trading volume of 500.29K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.45%, -13.67%, and -60.71% respectively.

    Institutional ownership of LSB Industries Inc. (NYSE: LXU) shares accounts for 68.90% of the company’s 28.18M shares outstanding. Mutual fund holders own 27.60%, while other institutional holders and individual stakeholders account for 50.94% and 17.19% respectively.

    It has a market capitalization of $35.70M and a beta (3y monthly) value of 2.75. The stock’s earnings-per-share (ttm) stands at -$3.75. The company has a Quick Ratio of 1.20 with the debt-to-equity ratio at 2.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.71% over the week and 11.81% over the month.

    Analysts forecast that LSB Industries Inc. (LXU) will achieve an EPS of -$0.28 for the current quarter, -$0.73 for the next quarter and -$1.33 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.33 while analysts give the company a high EPS estimate of -$0.23. Comparatively, EPS for the current quarter was -$1.06 a year ago. Earnings per share for the fiscal year are expected to increase by 8.00%, and 44.80% over the next financial year. EPS should grow at an annualized rate of 12.00% over the next five years, compared to -40.89% over the past 5-year period.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate LSB Industries Inc. (LXU) as a “Hold” at a consensus score of 2.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the LXU, a number of firms have released research notes about the stock. Singular Research stated their Buy rating for the stock in a research note on May 13, 2014, with the firm’s price target at $44-$47. Singular Research coverage for the LSB Industries Inc. (LXU) stock in a research note released on November 12, 2013 offered a Buy rating with a price target of $50. Northland Securities was of a view on May 16, 2012 that the stock is Outperform, while Northland Securities gave the stock Outperform rating on May 10, 2012, issuing a price target of $34- $41. Northland Securities on their part issued Market Perform rating on April 26, 2012.

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