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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

Most Popular