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Friday, September 29, 2023

Investors’ Patience Is Being Tested Right Now By Luxfer Holdings PLC (NYSE: LXFR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Luxfer Holdings PLC (LXFR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $12.61. The Luxfer Holdings PLC has recorded 12,786 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Luxfer Announces Second Quarter 2023 Financial Results.

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Stocks Info

Luxfer Holdings PLC is listed on the NYSE as a member of the Industrials sector and is a part of the Specialty Industrial Machinery industry. At the end of the last regular session, the stock closed at $12.61 and fluctuated between $12.74 as its day high and $12.29 as its day low. The current market capitalization of Luxfer Holdings PLC is $341.35M. A total of 0.62 million shares were traded on the day, compared to an average of 159.22K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LXFR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 48 BUYs and 31 SELLs from insiders. Insiders purchased 67,946 shares during that period but sold 31,374.

In the most recent transaction, Hipple Richard J bought 3,000 shares of LXFR for 13.75 per share on Dec 15. After the transaction, the Director now owns 16,070 company shares.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Luxfer Holdings PLC pays an annual dividend of $0.52, resulting in a dividend yield of 4.12%, and it has a price to earnings (P/E) ratio of 17.13. LXFR’s most recent ex-dividend date was 7/13/2023 when it declared a $0.13 quarterly dividend that was paid in cash on 8/2/2023. Previously, the company paid the dividend on 5/3/2023 with an ex-dividend date of 4/13/2023. The LXFR stock dividend was $0.13 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LXFR in the last 3 months, the mean price target is $25.00 with high estimates of $25.00 and low estimates of $25.00. In terms of 52-week highs and lows, LXFR has a high of $17.83 and a low of $11.27.

As of this writing, LXFR has an earnings estimate of $LXFT per share for the current quarter.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LXFR’s latest balance sheet shows that the firm has $6.20M in Cash & Short Term Investments as of fiscal 2021. There were $59.60M in debt and $83.90M in liabilities at the time. Its Book Value Per Share was $7.99, while its Total Shareholder’s Equity was $209.10M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LXFR is Buy with a score of 4.00.

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