Equities analysts expect that Luxfer Holdings PLC (NYSE:LXFR) will post $92.20 million in sales for the current quarter, Zacks reports. Three analysts have made estimates for Luxfer’s earnings. The highest sales estimate is $96.60 million and the lowest is $88.00 million. Luxfer reported sales of $89.50 million during the same quarter last year, which indicates a positive year-over-year growth rate of 3%. The firm is expected to issue its next earnings report on Monday, July 26th.
According to Zacks, analysts expect that Luxfer will report full year sales of $363.30 million for the current year, with estimates ranging from $347.40 million to $372.50 million. For the next fiscal year, analysts expect that the company will post sales of $388.27 million, with estimates ranging from $360.90 million to $412.00 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Luxfer.
Luxfer (NYSE:LXFR) last issued its quarterly earnings results on Sunday, April 25th. The industrial products company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.14. The company had revenue of $85.20 million for the quarter, compared to analyst estimates of $83.40 million. Luxfer had a return on equity of 13.81% and a net margin of 2.74%. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.34 earnings per share.
In other Luxfer news, insider James Gardella sold 20,614 shares of the business’s stock in a transaction that occurred on Tuesday, March 16th. The stock was 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 SEC, which is accessible through the SEC website. 1.46% of the stock is owned by insiders.
Large investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Luxfer during the fourth quarter worth approximately $103,000. Teton Advisors Inc. bought a new stake in shares of Luxfer during the fourth quarter worth approximately $325,000. Robecosam AG boosted its holdings in shares of Luxfer by 13.2% during the fourth quarter. Robecosam AG now owns 600,000 shares of the industrial products company’s stock worth $9,852,000 after acquiring an additional 70,000 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Luxfer by 9.4% during the fourth quarter. Wells Fargo & Company MN now owns 177,967 shares of the industrial products company’s stock worth $2,922,000 after acquiring an additional 15,294 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Luxfer by 52.6% during the fourth quarter. Sei Investments Co. now owns 49,335 shares of the industrial products company’s stock worth $810,000 after acquiring an additional 17,009 shares during the period. Institutional investors own 91.93% of the company’s stock.
Shares of NYSE:LXFR traded up $0.17 during midday trading on Friday, reaching $22.45. The company had a trading volume of 2,653 shares, compared to its average volume of 98,247. The company has a quick ratio of 0.81, a current ratio of 1.72 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average price is $20.84 and its 200 day moving average price is $17.57. The stock has a market cap of $643.19 million, a PE ratio of 60.22, a P/E/G ratio of 1.25 and a beta of 0.99. Luxfer has a 1-year low of $11.42 and a 1-year high of $22.97.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 5th. Shareholders 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 yield of 2.23%. The ex-dividend date of this dividend is Thursday, April 15th. Luxfer’s dividend payout ratio (DPR) is presently 38.46%.
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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