Analysts Anticipate Luxfer Holdings PLC (LXFR) to Post $0.25 EPS

Equities research analysts predict that Luxfer Holdings PLC (NYSE:LXFR) will report earnings of $0.25 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Luxfer’s earnings. Luxfer reported earnings of $0.14 per share in the same quarter last year, which would indicate a positive year over year growth rate of 78.6%. The firm is expected to issue its next quarterly earnings results on Tuesday, March 6th.

On average, analysts expect that Luxfer will report full-year earnings of $1.05 per share for the current year. For the next year, analysts anticipate that the business will post earnings of $1.20 per share. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Luxfer.

A number of research analysts recently weighed in on LXFR shares. Zacks Investment Research downgraded shares of Luxfer from a “buy” rating to a “hold” rating in a research report on Wednesday. BidaskClub upgraded shares of Luxfer from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Finally, ValuEngine upgraded shares of Luxfer from a “hold” rating to a “buy” rating in a research report on Wednesday, October 11th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisors Preferred LLC bought a new position in Luxfer in the third quarter worth approximately $120,000. Aperio Group LLC raised its position in Luxfer by 5.8% in the second quarter. Aperio Group LLC now owns 12,186 shares of the industrial products company’s stock worth $156,000 after acquiring an additional 669 shares during the period. Citadel Advisors LLC bought a new position in Luxfer in the third quarter worth approximately $173,000. Parametric Portfolio Associates LLC raised its position in Luxfer by 11.1% in the second quarter. Parametric Portfolio Associates LLC now owns 15,916 shares of the industrial products company’s stock worth $204,000 after acquiring an additional 1,589 shares during the period. Finally, State Street Corp raised its position in Luxfer by 1.3% in the second quarter. State Street Corp now owns 16,786 shares of the industrial products company’s stock worth $215,000 after acquiring an additional 222 shares during the period. Institutional investors and hedge funds own 86.27% of the company’s stock.

Shares of Luxfer (NYSE:LXFR) traded down $0.08 during trading on Thursday, reaching $15.77. 25,008 shares of the company were exchanged, compared to its average volume of 39,426. The company has a market capitalization of $416.56, a P/E ratio of 17.33 and a beta of 0.90. Luxfer has a 12 month low of $10.82 and a 12 month high of $16.21. The company has a current ratio of 2.34, a quick ratio of 1.22 and a debt-to-equity ratio of 0.61.

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Luxfer Company Profile

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

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