Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of LXP Industrial Trust (NYSE: LXP) closed at $8.17 in the last session, down -0.97% from day before closing price of $8.25. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 4.15 million shares were traded. LXP stock price reached its highest trading level at $8.35 during the session, while it also had its lowest trading level at $8.16.
Ratios:
We take a closer look at LXP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.11. For the most recent quarter (mrq), Quick Ratio is recorded 2.90 and its Current Ratio is at 2.90. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on June 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $11.
On May 15, 2023, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $12.
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 2423075072 and an Enterprise Value of 4023745792. As of this moment, LXP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.75, and their Forward P/E ratio for the next fiscal year is 141.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.69 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 11.144 whereas that against EBITDA is 15.883.
Stock Price History:
The Beta on a monthly basis for LXP is 1.04, which has changed by -0.20212764 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, LXP has reached a high of $10.56, while it has fallen to a 52-week low of $6.85. The 50-Day Moving Average of the stock is -3.42%, while the 200-Day Moving Average is calculated to be -5.83%.
Shares Statistics:
According to the various share statistics, LXP traded on average about 3.19M shares per day over the past 3-months and 4013830 shares per day over the past 10 days. A total of 295.73M shares are outstanding, with a floating share count of 288.03M. Insiders hold about 2.61% of the company’s shares, while institutions hold 95.53% stake in the company. Shares short for LXP as of 1749772800 were 6632722 with a Short Ratio of 3.00, compared to 1747267200 on 6740540. Therefore, it implies a Short% of Shares Outstanding of 6632722 and a Short% of Float of 3.52.
Dividends & Splits
The forward annual dividend rate for LXP is 0.54, which was 0.53 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06424242The stock’s 5-year Average Dividend Yield is 4.67.
