It’s an appealing income play to consider LXP Industrial Trust (LXP)

As of close of business last night, LXP Industrial Trust’s stock clocked out at $8.89, up 1.37% from its previous closing price of $8.77. In other words, the price has increased by $+0.25 from its previous closing price. On the day, 1906106 shares were traded.

Ratios:

To gain a deeper understanding of LXP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.98. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.67.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LXP now has a Market Capitalization of 2.62B and an Enterprise Value of 4.04B. As of this moment, LXP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.81, and their Forward P/E ratio for the next fiscal year is 296.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.68 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 11.88 whereas that against EBITDA is 14.85.

Stock Price History:

Over the past 52 weeks, LXP has reached a high of $10.71, while it has fallen to a 52-week low of $7.75. The 50-Day Moving Average of the stock is 8.98, while the 200-Day Moving Average is calculated to be 9.26.

Shares Statistics:

It appears that LXP traded 2.30M shares on average per day over the past three months and 2.49M shares per day over the past ten days. A total of 293.45M shares are outstanding, with a floating share count of 286.84M. Insiders hold about 2.53% of the company’s shares, while institutions hold 93.85% stake in the company. Shares short for LXP as of Feb 29, 2024 were 5.47M with a Short Ratio of 2.71, compared to 6.82M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.86% and a Short% of Float of 3.58%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.50, LXP has a forward annual dividend rate of 0.64. Against a Trailing Annual Dividend Yield of 5.84%, it implies a Forward Annual Dividend Yield of 5.85%. The stock’s 5-year Average Dividend Yield is 4.43.

Earnings Estimates

As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.01, while EPS last year was $0.03. The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.02.

Analysts are recommending an EPS of between -$0.03 and -$0.05 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is $0.03, with 2 analysts recommending between $0.08 and -$0.02.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $81.79M. It ranges from a high estimate of $84.6M to a low estimate of $79.8M. As of the current estimate, LXP Industrial Trust’s year-ago sales were $85.08M, an estimated decrease of -3.90% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $82.01M, a decrease of -3.60% over than the figure of -$3.90% in the same quarter last year. There is a high estimate of $87.1M for the next quarter, whereas the lowest estimate is $78.01M.

A total of 4 analysts have provided revenue estimates for LXP’s current fiscal year. The highest revenue estimate was $348.7M, while the lowest revenue estimate was $317.91M, resulting in an average revenue estimate of $330.9M. In the same quarter a year ago, actual revenue was $334.22M, down -1.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $354.46M in the next fiscal year. The high estimate is $391.3M and the low estimate is $340M. The average revenue growth estimate for next year is up 7.10% from the average revenue estimate for this year.

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