How to Buy Lsb Industries Stock
Lsb Industries Inc
Lsb Industries is a chemical company located in Oklahoma, United States, which is part of the Basic Materials sector, and is traded under the ticker LXU on the NYSE exchange.
Lsb Industries stock last closed at $8.12, up 0.87% from the previous day, and has decreased 14.53% in one year. It has underperformed other stocks in the Chemicals industry by 0.27 percentage points. Lsb Industries stock is currently +20.47% from its 52-week low of $6.74, and -30.51% from its 52-week high of $11.69.
At the moment, there are 73M shares of LXU outstanding. The market capitalization of LXU is $592.73M. In the past 24 hours, 285,036 LXU shares were traded.
How to Buy Lsb Industries Stock
Wondering how to invest in Lsb Industries stock? Here's how.
- Choose where to buy Lsb Industries stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Lsb Industries stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your details.
- Evaluate Lsb Industries stock: The Lsb Industries ticker symbol is LXU. Is Lsb Industries stock a good investment? Should you buy shares of LXU? How do LXU's underlying business fundamentals look? Do top analysts think Lsb Industries is a good buy? Why has LXU's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if LXU is a good stock to buy).
- Execute your LXU trade: Decide if you will purchase LXU shares at the current market price or use a limit order to buy LXU shares at a particular price.
- Get notifications regarding your LXU investment: Create a watchlist to important notifications about your position in Lsb Industries shares.
Step 1: Choose where to buy Lsb Industries stock
You need an online brokerage account to access the NYSE market and buy LXU stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you can invest in LXU today.
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Step 3: Fund your investment account
Now that you have opened your account on our top ranked stock market app, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Lsb Industries stock
Once you have chosen the best place to buy Lsb Industries stock, it's crucial to evaluate their stock prior to investing, so you actually wrap your head around the risk as well as the upside.
Lsb Industries Numbers
LXU Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on LXU's stock page.
What is the fair value of LXU stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LXU's intrinsic value.
Using relative valuations metrics:
- LXU may be undervalued based on its P/E ratio of 21.95x, relative to Chemicals industry P/E ratio of 41.01x
- LXU could be undervalued based on its P/B ratio of 1.14x, relative to Chemicals industry P/B ratio of 1.95x
You can do more valuation research on LXU's stock here.
A look at LXU Cashflows and Balance Sheet
Passed Health Checks:
- Total LXU debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the LXU balance sheet.
- LXU's operating cash flow of $137.52M allows it to safely service it's debt of $611.19M.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the LXU balance sheet.
- LXU has a relatively high debt to equity ratio of 1.51.
- LXU earnings of $75.03M is not sufficient to cover its interest payments.
- LXU profit margin has gone down from 25.5% to 4.7% in the past year.
Do analysts think it's a good time to buy Lsb Industries stock
Out of 3 Wall Street analysts who give forecasts on LXU, the consensus analyst rating on LXU is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Lsb Industries stock forecast page.
LXU Momentum
Is LXU Growing Revenue?
Last year, LXU earnings were $27.92M. Over the past one years, LXU's earnings have increased by -86.4% per year. This was slower than the Chemicals industry average of -16.34%.
Last year, LXU revenue was $593.71M. In the past 5 year, LXU's revenue has increased by 9.44% per year. This was faster than the Chemicals industry average of 1.06%.
You can analyze LXU's earnings and revenue performance here.
Who is buying/selling LXU?
In the last 12 months, executives and large shareholders at LXU have bought more shares than they have sold.
John Burns, EVP - Manufacturing of LXU, was the latest LXU insider to sell. They sold $274,254.75 worth of LXU shares on Mar 27, 2024.
Get more info about who owns LXU shares here.
Does LXU provide a stable income stream?
No, Lsb Industries doesn't provide an income stream by paying out dividends.
What others are saying about LXU
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Step 5: Execute your LXU trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your LXU investment
Now that you own some LXU shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to get the latest updates about your LXU stock.
LXU Feed
How to Buy Stock in Lsb Industries
To reiterate, here are the 6 steps for buying Lsb Industries stock:
- Choose where to buy Lsb Industries stock
- Open your brokerage account
- Fund your investment account
- Evaluate Lsb Industries stock
- Execute your LXU trade
- Get notifications regarding your LXU investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Lsb Industries, create a watchlist on WallStreetZen today.
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