LSB Industries, Inc (NYSE:LXU) price on Friday, March 21, fall -3.60% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.97.
A look at the stock’s price movement, the close in the last trading session was $7.23, moving within a range at $6.92 and $7.19. The beta value (5-Year monthly) was 0.699. Turning to its 52-week performance, $10.40 and $6.43 were the 52-week high and 52-week low respectively. Overall, LXU moved -11.44% over the past month.
LSB Industries, Inc’s market cap currently stands at around $500.79 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 142.68M for the company’s revenue for the quarter, with a low and high estimate of 137.42M and 147.94M respectively. The average forecast suggests up to a 3.24% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 550.11M, representing a 5.30% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LXU is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 3 recommend LXU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LXU’s current price about -3.01% and -12.07% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.46, while 7-day volatility ratio is 2.54% and 4.06% in the 30-day chart. Further, LSB Industries, Inc (LXU) has a beta value of 0.83, and an average true range (ATR) of 0.28. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $11 and high of $11. Looking at the price targets, the low is -57.82% off current price level while to achieve the yearly target high, price needs to move -57.82%. Nonetheless, investors will most likely welcome a -57.82% jump to $11 which is the analysts’ median price.
If we refocus on LSB Industries, Inc (NYSE:LXU), historical trading data shows that trading volumes averaged 0.34 over the past 10 days and 355.24K over the past 3 months. The company’s latest data on shares outstanding shows there are 71.70 million shares.
The 26.73% of LSB Industries, Inc’s shares are in the hands of company insiders while institutional holders own 52.68% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.86 million on 2025-02-28, giving us a short ratio of 5.49. The data shows that as of 2025-02-28 short interest in LSB Industries, Inc (LXU) stood at 352.0 of shares outstanding, with shares short rising to 1.86 million registered in 2025-01-31. Current price change has pushed the stock -8.17% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LXU stock continues to rise going into the next quarter.
