Shares of Luxfer Holdings PLC (NYSE:LXFR) have received an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. Luxfer’s rating score has declined by 200% in the last three months as a result of a number of analysts’ upgrades and downgrades.
Zacks has also assigned Luxfer an industry rank of 200 out of 256 based on the ratings given to related companies.
Several equities research analysts have recently commented on the stock. ValuEngine raised shares of Valmont Industries from a “sell” rating to a “hold” rating in a research report on Friday. Zacks Investment Research cut shares of Home Bancshares from a “hold” rating to a “sell” rating in a research report on Friday, June 7th.
Shares of NYSE:LXFR traded up $0.13 on Friday, hitting $23.39. The company had a trading volume of 155,499 shares, compared to its average volume of 358,084. The stock’s 50-day moving average is $23.80. Luxfer has a 1 year low of $16.39 and a 1 year high of $28.06. The company has a quick ratio of 0.96, a current ratio of 1.92 and a debt-to-equity ratio of 0.47. The company has a market cap of $616.48 million, a price-to-earnings ratio of 13.84 and a beta of 1.02.
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 Thomson Reuters’ consensus estimate of $0.40 by ($0.08). Luxfer had a return on equity of 24.27% and a net margin of 2.11%. The company had revenue of $120.40 million during the quarter, compared to analysts’ expectations of $115.00 million. As a group, research analysts forecast that Luxfer will post 1.72 EPS for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Wednesday, August 7th. Investors of record on Friday, July 19th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, July 18th.
In related news, insider Andrew Butcher sold 4,963 shares of Luxfer stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $25.08, for a total transaction of $124,472.04. Following the completion of the transaction, the insider now directly owns 89,134 shares of the company’s stock, valued at approximately $2,235,480.72. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David Landless sold 1,250 shares of Luxfer stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $23.46, for a total transaction of $29,325.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,863 shares of company stock valued at $323,643. 1.46% of the stock is currently owned by corporate insiders.
Institutional investors have recently modified their holdings of the business. Mckinley Capital Management LLC Delaware purchased a new position in Luxfer in the first quarter worth about $57,000. Investors Research Corp purchased a new position in Luxfer in the first quarter worth about $182,000. Oppenheimer Asset Management Inc. raised its holdings in Luxfer by 327.0% in the first quarter. Oppenheimer Asset Management Inc. now owns 8,173 shares of the industrial products company’s stock worth $204,000 after buying an additional 6,259 shares during the last quarter. GSA Capital Partners LLP purchased a new position in Luxfer in the fourth quarter worth about $185,000. Finally, Northern Trust Corp purchased a new position in Luxfer in the fourth quarter worth about $200,000. 97.62% of the stock is owned by institutional investors and hedge funds.
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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