Zacks Investment Research upgraded shares of LSB Industries (NYSE:LXU) from a sell rating to a hold rating in a research note published on Tuesday, Zacks.com reports.

According to Zacks, “LSB Industries, Inc., is a diversified holding company involved in manufacturing operations through its subsidiaries. It manufactures and sells chemical products for the agricultural, mining, and industrial markets. The company operates through Chemical Business which manufactures and sells nitrogen based chemical products including high purity and commercial grade anhydrous ammonia, industrial and fertilizer grade ammonium nitrate, urea ammonium nitrate, nitric acids in various concentrations, nitrogen solutions, diesel exhaust fluid and various other products. It’s Engineered Products Business markets a proprietary line of precision metal working machine tools and industrial performance solutions to customers worldwide. The company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility within a global chemical company’s complex in Baytown, TX. LSB’s products are sold through distributors and directly to end customers throughout the United States. “

Separately, ValuEngine downgraded Zumiez from a hold rating to a sell rating in a research report on Tuesday, July 2nd.

NYSE LXU opened at $3.31 on Tuesday. The stock’s fifty day moving average is $3.64. The company has a current ratio of 1.34, a quick ratio of 1.03 and a debt-to-equity ratio of 1.29. LSB Industries has a fifty-two week low of $3.12 and a fifty-two week high of $10.00.

LSB Industries (NYSE:LXU) last released its quarterly earnings data on Tuesday, April 30th. The conglomerate reported ($0.69) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.71) by $0.02. The company had revenue of $94.15 million for the quarter. LSB Industries had a negative return on equity of 22.24% and a negative net margin of 21.02%. Equities analysts anticipate that LSB Industries will post -2.88 EPS for the current year.

Large investors have recently bought and sold shares of the business. Citigroup Inc. raised its position in LSB Industries by 522.9% in the fourth quarter. Citigroup Inc. now owns 12,334 shares of the conglomerate’s stock valued at $68,000 after purchasing an additional 10,354 shares during the period. Royce & Associates LP raised its position in LSB Industries by 29.5% in the fourth quarter. Royce & Associates LP now owns 483,199 shares of the conglomerate’s stock valued at $2,667,000 after purchasing an additional 110,000 shares during the period. Bank of New York Mellon Corp raised its position in LSB Industries by 2.8% in the fourth quarter. Bank of New York Mellon Corp now owns 243,612 shares of the conglomerate’s stock valued at $1,345,000 after purchasing an additional 6,585 shares during the period. Municipal Employees Retirement System of Michigan purchased a new stake in LSB Industries in the fourth quarter valued at $32,000. Finally, Dimensional Fund Advisors LP raised its position in LSB Industries by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,657,844 shares of the conglomerate’s stock valued at $9,151,000 after purchasing an additional 46,565 shares during the period. Institutional investors own 71.30% of the company’s stock.

About LSB Industries

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

See Also: Cost of Goods Sold (COGS)

Get a free copy of the Zacks research report on LSB Industries (LXU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for LSB Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LSB Industries and related companies with MarketBeat.com's FREE daily email newsletter.