Equities research analysts expect Luxfer Holdings PLC (NYSE:LXFR) to post $0.29 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Luxfer’s earnings, with estimates ranging from $0.27 to $0.31. Luxfer reported earnings per share of $0.17 in the same quarter last year, which would indicate a positive year-over-year growth rate of 70.6%. The firm is expected to report its next quarterly earnings results on Monday, July 26th.
On average, analysts expect that Luxfer will report full year earnings of $1.20 per share for the current year, with EPS estimates ranging from $1.15 to $1.25. For the next financial year, analysts anticipate that the company will post earnings of $1.51 per share, with EPS estimates ranging from $1.40 to $1.65. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Luxfer.
Luxfer (NYSE:LXFR) last announced its quarterly earnings data on Sunday, April 25th. The industrial products company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.14. Luxfer had a net margin of 2.74% and a return on equity of 13.81%. The company had revenue of $85.20 million during the quarter, compared to analyst estimates of $83.40 million. During the same period in the previous year, the business earned $0.34 EPS. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis.
LXFR has been the subject of a number of research analyst reports. B. Riley lifted their target price on shares of Luxfer from $24.50 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, April 28th. Zacks Investment Research raised shares of Luxfer from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Roth Capital lifted their target price on shares of Luxfer from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, April 29th.
NYSE LXFR traded up $0.17 during mid-day trading on Thursday, reaching $22.45. The stock had a trading volume of 2,653 shares, compared to its average volume of 98,247. Luxfer has a 1 year low of $11.42 and a 1 year high of $22.97. The stock has a market cap of $643.19 million, a PE ratio of 60.22, a price-to-earnings-growth ratio of 1.25 and a beta of 0.99. The company has a fifty day moving average price of $20.84 and a 200 day moving average price of $17.57. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.72 and a quick ratio of 0.81.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 5th. Stockholders of record on Friday, April 16th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, April 15th. Luxfer’s payout ratio is 38.46%.
In other news, insider James Gardella sold 20,614 shares of the business’s stock in a transaction on Tuesday, March 16th. The shares were sold at an average price of $21.35, for a total transaction of $440,108.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.46% of the company’s stock.
Hedge funds have recently modified their holdings of the company. Citigroup Inc. grew its position in shares of Luxfer by 222.0% during the 4th quarter. Citigroup Inc. now owns 5,657 shares of the industrial products company’s stock valued at $93,000 after acquiring an additional 3,900 shares during the period. SG Americas Securities LLC bought a new stake in shares of Luxfer during the 4th quarter valued at $103,000. Baker Ellis Asset Management LLC bought a new stake in shares of Luxfer during the 4th quarter valued at $182,000. Artisan Partners Limited Partnership bought a new stake in shares of Luxfer during the 4th quarter valued at $316,000. Finally, Teton Advisors Inc. bought a new position in Luxfer in the 4th quarter worth $325,000. 91.93% of the stock is owned by hedge funds and other institutional investors.
Luxfer Company Profile
Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market applications. It operates in two segments, Gas Cylinders and Elektron.
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