Stock On Watch: Can LSB Industries, Inc.’s Tomorrow Be Different? The Stock Increases Again

Stock On Watch: Can LSB Industries, Inc.'s Tomorrow Be Different? The Stock Increases Again

The stock of LSB Industries, Inc. (NYSE:LXU) is a huge mover today! About 919,636 shares traded hands or 18.81% up from the average. LSB Industries, Inc. (NYSE:LXU) has declined 58.55% since April 4, 2016 and is downtrending. It has underperformed by 59.64% the S&P500.
The move comes after 6 months positive chart setup for the $158.59M company. It was reported on Nov, 4 by Barchart.com. We have $15.58 PT which if reached, will make NYSE:LXU worth $268.02M more.

LSB Industries, Inc. (NYSE:LXU) Ratings Coverage

Out of 2 analysts covering LSB Industries (NYSE:LXU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. LSB Industries has been the topic of 3 analyst reports since August 13, 2015 according to StockzIntelligence Inc. Avondale maintained LSB Industries, Inc. (NYSE:LXU) rating on Wednesday, March 9. Avondale has “Market Outperform” rating and $13 price target. Zacks downgraded the shares of LXU in a report on Thursday, August 13 to “Hold” rating. The firm earned “Buy” rating on Wednesday, March 2 by Feltl & Co.

According to Zacks Investment Research, “LSB Industries, Inc. is a diversified holding company which is engaged, through its subsidiaries, in the manufacture and sale of chemical products for the explosives, agricultural and industrial acids markets; the manufacture and sale of a broad range of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential air conditioning systems; and the manufacture or purchase and sale of certain automotive and industrial products, including automotive bearings and other automotive replacement parts.”

Insitutional Activity: The institutional sentiment decreased to 1.24 in 2016 Q2. Its down 0.23, from 1.47 in 2016Q1. The ratio turned negative, as 17 funds sold all LSB Industries, Inc. shares owned while 33 reduced positions. 19 funds bought stakes while 43 increased positions. They now own 18.61 million shares or 15.09% more from 16.17 million shares in 2016Q1.
Texas Permanent School Fund has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Moreover, Royal National Bank & Trust Of Canada has 0% invested in LSB Industries, Inc. (NYSE:LXU) for 14,423 shares. California State Teachers Retirement last reported 0% of its portfolio in the stock. American Intll holds 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 15,336 shares. Oxford Asset Mngmt has 167,626 shares for 0.08% of their US portfolio. Blackrock has 0% invested in the company for 5,415 shares. Swiss Natl Bank owns 33,900 shares or 0% of their US portfolio. Skytop Mngmt Ltd Limited Liability Company last reported 0.73% of its portfolio in the stock. Teacher Retirement System Of Texas has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Dimensional Fund Advsrs L P, a Texas-based fund reported 1.58M shares. Ladenburg Thalmann Services owns 3,572 shares or 0% of their US portfolio. Andalusian Cap Prtn L P holds 1.65% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 61,951 shares. Teton Advisors accumulated 0.04% or 40,000 shares. Putnam Invs Ltd Llc accumulated 334,680 shares or 0.01% of the stock. Snow Management L P last reported 0.49% of its portfolio in the stock.

Insider Transactions: Since May 19, 2016, the stock had 0 insider purchases, and 1 insider sale for $410,376 net activity. $410,376 worth of shares were sold by LSB Funding LLC on Thursday, May 19.

More notable recent LSB Industries, Inc. (NYSE:LXU) news were published by: Reuters.com which released: “BRIEF-Lsb Industries Inc reports Q3 loss per share of $2.25” on November 04, 2016, also Businesswire.com with their article: “LSB Industries, Inc. Exploring Strategic Alternatives” published on November 03, 2016, Businesswire.com published: “LSB Industries, Inc. Announces Successful Completion of Consent Solicitation” on September 07, 2016. More interesting news about LSB Industries, Inc. (NYSE:LXU) were released by: Moodys.com and their article: “Moody’s downgraded LSB Industries’ rating to B3 and placed the ratings under …” published on October 14, 2016 as well as Businesswire.com‘s news article titled: “LSB Industries, Inc. Appoints John Diesch Executive Vice President, Chemical …” with publication date: August 02, 2016.

LXU Company Profile

LSB Industries, Inc., incorporated on January 21, 1977, is a diversified holding firm engaged in manufacturing activities through its subsidiaries. The Company’s divisions are Chemical Business, Climate Control Business and Other. The Company’s Chemical Business segment makes and sells nitrogen chemical products for the agricultural, industrial and mining markets. It produces chemical products from approximately four facilities located in El Dorado, Arkansas; Cherokee, Alabama; Pryor, Oklahoma, and Baytown, Texas. The Company’s Climate Control Business makes and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related services and products. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. The Company’s climate control business makes and distributes its products from approximately seven facilities located in Oklahoma City, Oklahoma. The Company’s Other segment sells industrial machinery and related components to machine tool dealers and end users located in North America.

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