Luxfer Holdings PLC (NYSE:LXFR) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price objective of $30.00 for the company and are anticipating that the company will post $0.31 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Luxfer an industry rank of 81 out of 257 based on the ratings given to related companies.
Several equities analysts have commented on the stock. KeyCorp raised their price target on shares of Luxfer from $24.00 to $30.00 and gave the company an “overweight” rating in a research report on Monday, November 5th. ValuEngine raised shares of Luxfer from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 22nd. Finally, Zacks Investment Research raised shares of Luxfer from a “hold” rating to a “strong-buy” rating and set a $24.00 price target for the company in a research report on Thursday, August 9th.
Shares of LXFR stock opened at $27.17 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.44 and a quick ratio of 1.15. Luxfer has a 52 week low of $12.33 and a 52 week high of $28.06. The company has a market capitalization of $731.43 million, a price-to-earnings ratio of 28.60 and a beta of 0.75.
The firm also recently declared a dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, October 19th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, October 18th. This is a boost from Luxfer’s previous dividend of $0.12. Luxfer’s dividend payout ratio (DPR) is currently 13.68%.
Hedge funds have recently modified their holdings of the business. Citadel Advisors LLC purchased a new position in Luxfer in the 2nd quarter valued at approximately $619,000. Aperio Group LLC lifted its position in shares of Luxfer by 21.9% during the 2nd quarter. Aperio Group LLC now owns 17,927 shares of the industrial products company’s stock worth $313,000 after purchasing an additional 3,216 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Luxfer by 3,428.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 154,423 shares of the industrial products company’s stock worth $2,697,000 after purchasing an additional 150,047 shares during the last quarter. Putnam Investments LLC purchased a new stake in shares of Luxfer during the 2nd quarter worth $1,061,000. Finally, Renaissance Technologies LLC lifted its position in shares of Luxfer by 5.8% during the 2nd quarter. Renaissance Technologies LLC now owns 765,300 shares of the industrial products company’s stock worth $13,377,000 after purchasing an additional 42,000 shares during the last quarter. 87.45% of the stock is owned by institutional investors.
Luxfer Company Profile
Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas-containment devices for transportation, defense and emergency response, healthcare, and general industrial applications in Europe, North America, the Asia Pacific, and internationally.
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