Luxfer Holdings PLC (LXFR) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS
Luxfer Holdings PLC (NYSE:LXFR) posted its quarterly earnings results on Monday. The industrial products company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.08), Bloomberg Earnings reports. Luxfer Holdings PLC had a net margin of 3.85% and a return on equity of 14.70%.
Luxfer Holdings PLC (NYSE:LXFR) traded down $0.01 during trading hours on Monday, hitting $12.68. 58,142 shares of the stock traded hands, compared to its average volume of 52,347. Luxfer Holdings PLC has a twelve month low of $9.30 and a twelve month high of $13.49. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.71 and a current ratio of 2.98. The company has a market cap of $335.21, a price-to-earnings ratio of 15.29 and a beta of 0.84.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Monday, October 16th were issued a $0.125 dividend. The ex-dividend date was Friday, October 13th. This represents a $0.50 annualized dividend and a dividend yield of 3.94%. Luxfer Holdings PLC’s dividend payout ratio is currently 82.76%.
A hedge fund recently raised its stake in Luxfer Holdings PLC stock. State Street Corp grew its holdings in Luxfer Holdings PLC (NYSE:LXFR) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,786 shares of the industrial products company’s stock after purchasing an additional 222 shares during the quarter. State Street Corp owned approximately 0.06% of Luxfer Holdings PLC worth $215,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 85.28% of the company’s stock.
LXFR has been the subject of several recent research reports. ValuEngine lowered shares of Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub upgraded shares of Luxfer Holdings PLC from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, Zacks Investment Research lowered shares of Luxfer Holdings PLC from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th.
Luxfer Holdings PLC Company Profile
Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.
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