Shares of Luxfer Holdings PLC (NYSE:LXFR) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokerages have set a twelve-month consensus target price of $27.00 for the company and are expecting that the company will post $0.40 EPS for the current quarter, according to Zacks. Zacks has also given Luxfer an industry rank of 166 out of 255 based on the ratings given to its competitors.

Several brokerages have recently weighed in on LXFR. ValuEngine downgraded Luxfer from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Zacks Investment Research raised Luxfer from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Thursday, January 17th.

In other news, Director Joseph Bonn sold 10,041 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $22.30, for a total transaction of $223,914.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in Luxfer by 59.2% during the 4th quarter. FMR LLC now owns 2,862,654 shares of the industrial products company’s stock valued at $50,469,000 after acquiring an additional 1,064,125 shares during the period. RK Capital Management LLC boosted its holdings in Luxfer by 41.8% during the 4th quarter. RK Capital Management LLC now owns 1,090,345 shares of the industrial products company’s stock valued at $19,223,000 after acquiring an additional 321,145 shares during the period. Renaissance Technologies LLC boosted its holdings in Luxfer by 13.7% during the 3rd quarter. Renaissance Technologies LLC now owns 870,000 shares of the industrial products company’s stock valued at $20,228,000 after acquiring an additional 104,700 shares during the period. Acadian Asset Management LLC boosted its holdings in Luxfer by 24.9% during the 4th quarter. Acadian Asset Management LLC now owns 736,997 shares of the industrial products company’s stock valued at $12,990,000 after acquiring an additional 146,789 shares during the period. Finally, United Services Automobile Association boosted its holdings in Luxfer by 29.5% during the 4th quarter. United Services Automobile Association now owns 555,807 shares of the industrial products company’s stock valued at $9,799,000 after acquiring an additional 126,480 shares during the period. Institutional investors and hedge funds own 96.59% of the company’s stock.

Shares of NYSE LXFR opened at $25.19 on Friday. The company has a market capitalization of $678.24 million, a P/E ratio of 14.91 and a beta of 1.16. Luxfer has a 52 week low of $12.90 and a 52 week high of $28.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.00 and a current ratio of 2.07.

Luxfer (NYSE:LXFR) last released its quarterly earnings data on Monday, March 11th. The industrial products company reported $0.40 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.09. Luxfer had a return on equity of 25.27% and a net margin of 4.73%. The business had revenue of $110.90 million for the quarter, compared to analyst estimates of $118.00 million. Sell-side analysts predict that Luxfer will post 1.85 earnings per share for the current fiscal year.

The business also recently announced a dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Friday, April 12th will be issued a $0.125 dividend. The ex-dividend date is Thursday, April 11th.

Luxfer Company Profile

Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas-containment devices for transportation, defense and emergency response, healthcare, and general industrial applications in Europe, North America, the Asia Pacific, and internationally.

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