Luxfer (NYSE:LXFR) Releases FY 2024 Earnings Guidance

Luxfer (NYSE:LXFR) updated its FY 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.750-0.900 for the period, compared to the consensus EPS estimate of 0.740. The company issued revenue guidance of -.

Luxfer Stock Performance

LXFR stock traded down $0.28 during trading on Tuesday, reaching $9.66. 158,523 shares of the company’s stock were exchanged, compared to its average volume of 196,141. The firm has a market cap of $259.18 million, a PE ratio of -120.73, a P/E/G ratio of 2.11 and a beta of 0.84. The company has a quick ratio of 1.12, a current ratio of 2.60 and a debt-to-equity ratio of 0.32. Luxfer has a 1-year low of $7.55 and a 1-year high of $16.58. The company’s fifty day moving average price is $9.96 and its 200-day moving average price is $9.02.

Luxfer (NYSE:LXFR) last released its quarterly earnings results on Tuesday, February 27th. The industrial products company reported $0.07 EPS for the quarter. The company had revenue of $95.90 million for the quarter, compared to the consensus estimate of $89.70 million. Luxfer had a negative net margin of 0.47% and a positive return on equity of 6.63%. On average, research analysts expect that Luxfer will post 0.66 EPS for the current fiscal year.

Luxfer Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Friday, April 19th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend is Thursday, April 18th. Luxfer’s payout ratio is -649.92%.

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.