Closing Strong: LXP Industrial Trust (LXP) Ends at 9.81, Down -0.81 from Last Close

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After finishing at $9.89 in the prior trading day, LXP Industrial Trust (NYSE: LXP) closed at $9.81, down -0.81%. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1.18 million shares were traded. LXP stock price reached its highest trading level at $9.854 during the session, while it also had its lowest trading level at $9.75.

Ratios:

Our goal is to gain a better understanding of LXP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.43. 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.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 12 ’24 when Gupta Arun bought 15,000 shares for $8.95 per share. The transaction valued at 134,250 led to the insider holds 65,474 shares of the business.

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 2919191296 and an Enterprise Value of 4541980672. As of this moment, LXP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 110.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 22.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.48 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 13.342 whereas that against EBITDA is 18.749.

Stock Price History:

Over the past 52 weeks, LXP has reached a high of $10.56, while it has fallen to a 52-week low of $7.75. The 50-Day Moving Average of the stock is -2.57%, while the 200-Day Moving Average is calculated to be 5.35%.

Shares Statistics:

The stock has traded on average 2.17M shares per day over the past 3-months and 2245620 shares per day over the last 10 days, according to various share statistics. A total of 293.45M shares are outstanding, with a floating share count of 286.54M. Insiders hold about 2.65% of the company’s shares, while institutions hold 94.12% stake in the company. Shares short for LXP as of 1726185600 were 4089956 with a Short Ratio of 1.89, compared to 1723680000 on 3741563. Therefore, it implies a Short% of Shares Outstanding of 4089956 and a Short% of Float of 2.22.

Dividends & Splits

In the trailing 12 months, LXP’s forward annual dividend rate was 0.515, compared to 0.52 this year. Against a Trailing Annual Dividend Yield of 0.052072797The stock’s 5-year Average Dividend Yield is 4.36.

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