Luxfer Holdings PLC Expected to Post Q3 2024 Earnings of $0.16 Per Share (NYSE:LXFR)

Luxfer Holdings PLC (NYSE:LXFR) – Research analysts at Sidoti Csr decreased their Q3 2024 earnings per share (EPS) estimates for Luxfer in a note issued to investors on Thursday, August 1st. Sidoti Csr analyst S. Ferazani now expects that the industrial products company will earn $0.16 per share for the quarter, down from their prior estimate of $0.19. The consensus estimate for Luxfer’s current full-year earnings is $0.95 per share. Sidoti Csr also issued estimates for Luxfer’s Q4 2024 earnings at $0.20 EPS, Q1 2025 earnings at $0.26 EPS, Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.21 EPS and Q4 2025 earnings at $0.22 EPS.

Separately, StockNews.com upgraded Luxfer from a “hold” rating to a “buy” rating in a research note on Monday, May 13th.

Luxfer Stock Performance

Shares of NYSE LXFR opened at $10.84 on Monday. The business has a fifty day simple moving average of $11.88 and a 200 day simple moving average of $10.60. The company has a current ratio of 2.39, a quick ratio of 1.33 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $297.03 million, a price-to-earnings ratio of 24.84, a PEG ratio of 1.87 and a beta of 0.94. Luxfer has a one year low of $7.55 and a one year high of $13.52.

Luxfer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 7th. Shareholders of record on Friday, July 19th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend is Friday, July 19th.

Institutional Trading of Luxfer

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its position in Luxfer by 855.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,971 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 5,346 shares during the period. Global Retirement Partners LLC bought a new stake in Luxfer in the first quarter valued at $68,000. CWM LLC grew its position in Luxfer by 466.6% in the second quarter. CWM LLC now owns 7,558 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 6,224 shares during the period. Oxford Asset Management LLP bought a new stake in Luxfer in the fourth quarter valued at $113,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Luxfer in the fourth quarter valued at $131,000. 90.82% of the stock is currently owned by institutional investors.

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 first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.