The stock of LSB Industries, Inc. (NYSE:LXU) is a huge mover today! About 205,546 shares traded hands. LSB Industries, Inc. (NYSE:LXU) has declined 43.88% since April 28, 2016 and is downtrending. It has underperformed by 49.80% the S&P500.
The move comes after 6 months positive chart setup for the $232.03 million company. It was reported on Dec, 1 by Barchart.com. We have $8.60 PT which if reached, will make NYSE:LXU worth $9.28 million more.
Analysts await LSB Industries, Inc. (NYSE:LXU) to report earnings on March, 6. They expect $-0.85 earnings per share, down 269.57% or $0.62 from last year’s $-0.23 per share. After $-2.20 actual earnings per share reported by LSB Industries, Inc. for the previous quarter, Wall Street now forecasts -61.36% EPS growth.
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. The firm earned “Hold” rating on Thursday, August 13 by Zacks. Feltl & Co upgraded the shares of LXU in a report on Wednesday, March 2 to “Buy” rating. The rating was maintained by Avondale on Wednesday, March 9 with “Market Outperform”.
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 increased to 1.38 in 2016 Q2. Its up 0.14, from 1.24 in 2016Q1. The ratio is positive, 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.
California State Teachers Retirement Systems has 0% invested in the company for 43,267 shares. Gemmer Asset Mgmt Limited Liability Company, a California-based fund reported 298 shares. Wells Fargo Mn holds 0% or 97,012 shares in its portfolio. Barclays Public Ltd Com reported 1,800 shares or 0% of all its holdings. Parametric Port Ltd Com has 0.01% invested in the company for 487,656 shares. State Bank Of America De holds 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 94,425 shares. The Minnesota-based Ameriprise Financial has invested 0% in LSB Industries, Inc. (NYSE:LXU). Ipg Inv Limited Liability Co reported 106,910 shares or 0% of all its holdings. Ladenburg Thalmann holds 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 3,572 shares. Royal Bancorporation Of Canada last reported 0% of its portfolio in the stock. Bnp Paribas Arbitrage has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Bridgeway Mgmt holds 0.03% or 178,700 shares in its portfolio. The New Jersey-based Prudential has invested 0% in LSB Industries, Inc. (NYSE:LXU). Invesco holds 114,372 shares or 0% of its portfolio. Blackrock Advsr Ltd Com holds 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 9,118 shares.
More notable recent LSB Industries, Inc. (NYSE:LXU) news were published by: Businesswire.com which released: “LSB Industries, Inc. Exploring Strategic Alternatives” on November 03, 2016, also Businesswire.com with their article: “LSB Industries, Inc. Provides Update on Its Pryor, Oklahoma Facility” published on October 19, 2016, Moodys.com published: “Moody’s downgraded LSB Industries’ rating to B3 and placed the ratings under …” on October 14, 2016. More interesting news about LSB Industries, Inc. (NYSE:LXU) were released by: Businesswire.com and their article: “LSB Industries, Inc. Announces Successful Completion of Consent Solicitation” published on September 07, 2016 as well as Businesswire.com‘s news article titled: “LSB Industries, Inc. Announces That Its El Dorado, Arkansas Facility Resumes …” with publication date: November 22, 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.