Price Action Don’t Lie: Time to Buy LSB Industries, Inc. After Today’s Big Decline?

Price Action Don't Lie: Time to Buy LSB Industries, Inc. After Today's Big Decline?

The stock of LSB Industries, Inc. (NYSE:LXU) is a huge mover today! About 1.11M shares traded hands or 109.55% up from the average. LSB Industries, Inc. (NYSE:LXU) has declined 19.25% since March 3, 2016 and is downtrending. It has underperformed by 27.59% the S&P500.
The move comes after 5 months negative chart setup for the $196.98 million company. It was reported on Oct, 6 by We have $6.14 PT which if reached, will make NYSE:LXU worth $25.61M less.

Analysts await LSB Industries, Inc. (NYSE:LXU) to report earnings on November, 4. They expect $-0.66 earnings per share, down 83.33% or $0.30 from last year’s $-0.36 per share. After $-0.75 actual earnings per share reported by LSB Industries, Inc. for the previous quarter, Wall Street now forecasts -12.00% EPS growth.

LSB Industries, Inc. (NYSE:LXU) Ratings Coverage

Out of 2 analysts covering LSB Industries (NYSE:LXU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. LSB Industries has been the topic of 3 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The rating was maintained by Avondale on Wednesday, March 9 with “Market Outperform”. Zacks downgraded the shares of LXU in a report on Thursday, August 13 to “Hold” rating. The company was upgraded on Wednesday, March 2 by Feltl & Co.

According to Zacks Investment Research, “LSB Industries, Inc. is a diversified holding company which is engaged, through its subsidiaries, in the manufacture and sale of chemical products for the explosives, agricultural and industrial acids markets; the manufacture and sale of a broad range of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential air conditioning systems; and the manufacture or purchase and sale of certain automotive and industrial products, including automotive bearings and other automotive replacement parts.”

Insitutional Activity: The institutional sentiment decreased to 1.24 in Q2 2016. Its down 0.23, from 1.47 in 2016Q1. The ratio worsened, as 17 funds sold all LSB Industries, Inc. shares owned while 33 reduced positions. 19 funds bought stakes while 43 increased positions. They now own 18.61 million shares or 15.09% more from 16.17 million shares in 2016Q1.
Hatteras Funds Limited Liability Company has 26,600 shares for 1.79% of their US portfolio. Eidelman Virant Capital holds 3.97% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 534,066 shares. Indaba Mgmt L P last reported 1.28% of its portfolio in the stock. The Pennsylvania-based Millrace Asset Grp Inc Inc has invested 0.89% in LSB Industries, Inc. (NYSE:LXU). Robotti Robert, a New York-based fund reported 1.82M shares. Capstone Asset Mngmt holds 0.01% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 28,770 shares. Weber Alan W accumulated 0.55% or 65,000 shares. The California-based Gemmer Asset Limited Liability has invested 0% in LSB Industries, Inc. (NYSE:LXU). Us Commercial Bank De, a Minnesota-based fund reported 1,442 shares. Kennedy has 0.09% invested in the company for 369,105 shares. Allianz Asset Mngmt Ag has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Credit Suisse Ag last reported 0% of its portfolio in the stock. Teachers Advisors has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Parametric Portfolio Assocs Ltd Liability Company owns 487,656 shares or 0.01% of their US portfolio. Connor Clark And Lunn Invest last reported 0.02% of its portfolio in the stock.

Insider Transactions: Since May 19, 2016, the stock had 0 insider purchases, and 1 insider sale for $410,376 net activity. 34,422 LSB Industries, Inc. (NYSE:LXU) shares with value of $410,376 were sold by LSB Funding LLC.

More notable recent LSB Industries, Inc. (NYSE:LXU) news were published by: which released: “LSB Industries, Inc. Provides Operational Update on Its Chemical Manufacturing …” on October 05, 2016, also with their article: “LSB Industries, Inc. Announces Launch of Consent Solicitation” published on August 23, 2016, published: “LSB Industries, Inc. Appoints John Diesch Executive Vice President, Chemical …” on August 02, 2016. More interesting news about LSB Industries, Inc. (NYSE:LXU) were released by: and their article: “Shareholder Class Action Filed Against LSB Industries, Inc. – LXU” published on October 06, 2015 as well as‘s news article titled: “LSB Industries, Inc. Announces That Its El Dorado, Arkansas Facility Ammonia …” with publication date: August 05, 2016.

LXU Company Profile

LSB Industries, Inc., incorporated on January 21, 1977, is a diversified holding firm engaged in manufacturing activities through its subsidiaries. The Company’s divisions are Chemical Business, Climate Control Business and Other. The Company’s Chemical Business segment makes and sells nitrogen chemical products for the agricultural, industrial and mining markets. It produces chemical products from approximately four facilities located in El Dorado, Arkansas; Cherokee, Alabama; Pryor, Oklahoma, and Baytown, Texas. The Company’s Climate Control Business makes and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related services and products. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. The Company’s climate control business makes and distributes its products from approximately seven facilities located in Oklahoma City, Oklahoma. The Company’s Other segment sells industrial machinery and related components to machine tool dealers and end users located in North America.

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