Zacks Investment Research upgraded shares of LSB Industries (NYSE:LXU) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning, Zacks.com reports.

According to Zacks, “LSB Industries, Inc., is a diversified holding company involved in manufacturing operations through its subsidiaries. It manufactures and sells chemical products for the agricultural, mining, and industrial markets. The company operates through Chemical Business which manufactures and sells nitrogen based chemical products including high purity and commercial grade anhydrous ammonia, industrial and fertilizer grade ammonium nitrate, urea ammonium nitrate, nitric acids in various concentrations, nitrogen solutions, diesel exhaust fluid and various other products. It’s Engineered Products Business markets a proprietary line of precision metal working machine tools and industrial performance solutions to customers worldwide. The company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility within a global chemical company’s complex in Baytown, TX. LSB’s products are sold through distributors and directly to end customers throughout the United States. “

Separately, ValuEngine downgraded shares of Zumiez from a hold rating to a sell rating in a report on Tuesday, July 2nd.

LXU stock opened at $3.48 on Tuesday. The stock’s 50 day moving average is $3.65. The firm has a market cap of $102.13 million, a PE ratio of -0.99 and a beta of 4.27. LSB Industries has a 1 year low of $3.12 and a 1 year high of $10.00. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.03 and a current ratio of 1.34.

LSB Industries (NYSE:LXU) last released its quarterly earnings data on Tuesday, April 30th. The conglomerate reported ($0.69) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.71) by $0.02. LSB Industries had a negative net margin of 21.02% and a negative return on equity of 22.24%. The firm had revenue of $94.15 million for the quarter. On average, analysts predict that LSB Industries will post -2.88 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in LSB Industries by 331.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,498 shares of the conglomerate’s stock worth $28,000 after purchasing an additional 3,456 shares during the period. Municipal Employees Retirement System of Michigan purchased a new position in LSB Industries in the fourth quarter valued at about $32,000. Oregon Public Employees Retirement Fund purchased a new position in LSB Industries in the fourth quarter valued at about $43,000. Investors Research Corp acquired a new stake in LSB Industries in the first quarter worth about $55,000. Finally, Millennium Management LLC acquired a new stake in LSB Industries in the fourth quarter worth about $65,000. 71.30% of the stock is owned by hedge funds and other institutional investors.

LSB Industries Company Profile

LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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