Luxfer Holdings PLC (NYSE:LXFR) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a 12 month consensus price target of $16.00 for the company and are predicting that the company will post $0.25 EPS for the current quarter, according to Zacks. Zacks has also assigned Luxfer Holdings PLC an industry rank of 163 out of 265 based on the ratings given to its competitors.
Several equities analysts have recently issued reports on the company. Zacks Investment Research cut Luxfer Holdings PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, August 23rd. Credit Suisse Group AG reiterated a “buy” rating and issued a $16.00 price objective on shares of Luxfer Holdings PLC in a research note on Sunday, July 10th. Finally, TheStreet cut Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 9th.
Shares of Luxfer Holdings PLC (NYSE:LXFR) traded up 0.26% during midday trading on Thursday, hitting $11.37. 56,451 shares of the stock were exchanged. Luxfer Holdings PLC has a one year low of $9.17 and a one year high of $13.60. The company has a market cap of $299.02 million, a price-to-earnings ratio of 10.66 and a beta of 0.63. The firm has a 50 day moving average of $11.26 and a 200-day moving average of $11.88.
Luxfer Holdings PLC (NYSE:LXFR) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. The business earned $111 million during the quarter, compared to analysts’ expectations of $113.92 million. Luxfer Holdings PLC had a return on equity of 18.51% and a net margin of 6.56%. Equities analysts expect that Luxfer Holdings PLC will post $1.14 EPS for the current year.
The firm also recently announced a dividend, which will be paid on Wednesday, November 2nd. Investors of record on Friday, October 14th will be paid a dividend of $0.125 per share. This is a boost from Luxfer Holdings PLC’s previous dividend of $0.12. The ex-dividend date is Wednesday, October 12th. Luxfer Holdings PLC’s payout ratio is presently 42.59%.
Large investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in Luxfer Holdings PLC during the second quarter valued at $114,000. O Shaughnessy Asset Management LLC boosted its stake in Luxfer Holdings PLC by 163.6% in the second quarter. O Shaughnessy Asset Management LLC now owns 13,228 shares of the company’s stock valued at $159,000 after buying an additional 8,209 shares during the last quarter. State Street Corp boosted its stake in Luxfer Holdings PLC by 2.1% in the second quarter. State Street Corp now owns 16,322 shares of the company’s stock valued at $196,000 after buying an additional 337 shares during the last quarter. Kempen Capital Management N.V. boosted its stake in Luxfer Holdings PLC by 79.2% in the first quarter. Kempen Capital Management N.V. now owns 27,600 shares of the company’s stock valued at $293,000 after buying an additional 12,200 shares during the last quarter. Finally, Geode Capital Management LLC acquired a new stake in Luxfer Holdings PLC during the first quarter valued at $305,000. Hedge funds and other institutional investors own 84.65% of the company’s stock.
About Luxfer Holdings PLC
Luxfer Holdings PLC is a holding company. The Company is a global materials technology company specializing in the design, manufacture and supply of materials, components and high-pressure gas-containment devices for healthcare, environmental, protection and specialty end-markets. Its segments include Elektron division and Gas Cylinders division.