Luxfer (LXFR) Scheduled to Post Earnings on Wednesday

Luxfer (NYSE:LXFR) will issue its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Luxfer (NYSE:LXFR) last posted its earnings results on Tuesday, July 30th. The industrial products company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. Luxfer had a negative net margin of 1.28% and a positive return on equity of 6.24%. The firm had revenue of $99.70 million during the quarter, compared to the consensus estimate of $99.70 million. On average, analysts expect Luxfer to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Luxfer Stock Up 4.0 %

Luxfer stock opened at $12.86 on Tuesday. Luxfer has a fifty-two week low of $7.55 and a fifty-two week high of $13.52. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 2.39. The firm has a 50 day moving average price of $11.96 and a 200 day moving average price of $11.63. The company has a market capitalization of $352.54 million, a PE ratio of -67.68, a price-to-earnings-growth ratio of 2.42 and a beta of 0.91.

Luxfer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, October 18th will be issued a $0.13 dividend. The ex-dividend date is Friday, October 18th. This represents a $0.52 annualized dividend and a yield of 4.04%. Luxfer’s dividend payout ratio (DPR) is presently -273.68%.

Insider Activity at Luxfer

In other Luxfer news, insider Graham Wardlow sold 6,500 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $10.83, for a total value of $70,395.00. Following the completion of the transaction, the insider now owns 29,008 shares in the company, valued at $314,156.64. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.17% of the stock is owned by insiders.

About Luxfer

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.