Shares of Luxfer Holdings PLC (NYSE:LXFR) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus price target of $15.00 for the company and are forecasting that the company will post $0.25 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Luxfer an industry rank of 72 out of 265 based on the ratings given to its competitors.
A number of equities research analysts have issued reports on the stock. ValuEngine upgraded shares of Luxfer from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded shares of Luxfer from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Saturday, November 11th. Finally, BidaskClub upgraded shares of Luxfer from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th.
Institutional investors and hedge funds have recently made changes to their positions in the company. OxFORD Asset Management LLP acquired a new stake in shares of Luxfer in the 3rd quarter valued at $450,000. Robecosam AG raised its holdings in shares of Luxfer by 12.0% in the 3rd quarter. Robecosam AG now owns 450,000 shares of the industrial products company’s stock valued at $5,594,000 after purchasing an additional 48,300 shares in the last quarter. Paradice Investment Management LLC raised its holdings in shares of Luxfer by 14.6% in the 3rd quarter. Paradice Investment Management LLC now owns 2,002,400 shares of the industrial products company’s stock valued at $24,930,000 after purchasing an additional 255,737 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Luxfer by 28.8% in the 3rd quarter. Wells Fargo & Company MN now owns 247,279 shares of the industrial products company’s stock valued at $3,079,000 after purchasing an additional 55,240 shares in the last quarter. Finally, Deprince Race & Zollo Inc. raised its holdings in shares of Luxfer by 2.8% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 1,511,468 shares of the industrial products company’s stock valued at $18,818,000 after purchasing an additional 40,737 shares in the last quarter. Institutional investors and hedge funds own 86.11% of the company’s stock.
Shares of Luxfer (NYSE:LXFR) opened at $13.05 on Thursday. The stock has a market cap of $344.72, a P/E ratio of 14.34 and a beta of 0.77. Luxfer has a fifty-two week low of $10.85 and a fifty-two week high of $16.21. The company has a current ratio of 2.34, a quick ratio of 1.22 and a debt-to-equity ratio of 0.61.
The company also recently disclosed a None dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, January 19th were issued a $0.125 dividend. This represents a dividend yield of 3.33%. This is a positive change from Luxfer’s previous None dividend of $0.12. The ex-dividend date of this dividend was Thursday, January 18th. Luxfer’s dividend payout ratio (DPR) is presently 78.13%.
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Luxfer Company Profile
Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.
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