LSB Industries (LXU) Set to Announce Earnings on Tuesday

LSB Industries (NYSE:LXU) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

LSB Industries (NYSE:LXU) last announced its earnings results on Wednesday, July 31st. The conglomerate reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The firm had revenue of $140.07 million during the quarter, compared to analyst estimates of $147.09 million. LSB Industries had a return on equity of 1.29% and a net margin of 0.40%. On average, analysts expect LSB Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

LSB Industries Price Performance

Shares of NYSE:LXU opened at $9.09 on Tuesday. The company has a market capitalization of $650.33 million, a P/E ratio of 37.88, a price-to-earnings-growth ratio of 1.56 and a beta of 0.82. The company’s 50-day moving average is $8.02 and its 200 day moving average is $8.38. The company has a debt-to-equity ratio of 0.92, a quick ratio of 3.19 and a current ratio of 3.41. LSB Industries has a fifty-two week low of $6.74 and a fifty-two week high of $10.40.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on LXU shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $10.00 target price on shares of LSB Industries in a research note on Monday, August 12th. UBS Group upgraded LSB Industries from a “neutral” rating to a “buy” rating and upped their price objective for the company from $9.50 to $11.00 in a research note on Thursday, October 10th. Finally, Piper Sandler raised their target price on LSB Industries from $8.80 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, August 8th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.25.

About LSB Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.