Luxfer Holdings PLC (NYSE:LXFR) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price objective of $23.00 for the company and are forecasting that the company will post $0.31 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Luxfer an industry rank of 86 out of 255 based on the ratings given to related companies.
Several equities analysts have commented on the stock. Zacks Investment Research raised shares of Luxfer from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a research report on Thursday, August 9th. KeyCorp reissued a “buy” rating and set a $23.00 target price (up previously from $19.00) on shares of Luxfer in a research report on Monday, August 6th. Finally, ValuEngine cut shares of Luxfer from a “buy” rating to a “hold” rating in a research report on Wednesday, May 9th.
Luxfer stock opened at $20.16 on Monday. Luxfer has a 52 week low of $11.30 and a 52 week high of $21.50. The company has a current ratio of 2.43, a quick ratio of 1.10 and a debt-to-equity ratio of 0.55. The company has a market cap of $542.30 million, a price-to-earnings ratio of 21.22 and a beta of 0.78.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 1st. Stockholders of record on Friday, July 13th were paid a dividend of $0.125 per share. The ex-dividend date was Thursday, July 12th. This represents a $0.50 annualized dividend and a dividend yield of 2.48%. Luxfer’s payout ratio is currently 26.32%.
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.
Further Reading: Do closed-end mutual funds pay dividends?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Luxfer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luxfer and related companies with MarketBeat.com's FREE daily email newsletter.