Market Watch: LXP Industrial Trust (LXP)’s Noteworthy Gain, Closing at 8.91

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As of close of business last night, LXP Industrial Trust’s stock clocked out at $8.91, up 0.22% from its previous closing price of $8.89. In other words, the price has increased by $0.22 from its previous closing price. On the day, 2.04 million shares were traded. LXP stock price reached its highest trading level at $8.92 during the session, while it also had its lowest trading level at $8.8.

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 8.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.10. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.82.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2623799040 and an Enterprise Value of 4366127616. As of this moment, LXP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 210.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 42.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.67 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 12.778 whereas that against EBITDA is 17.916.

Stock Price History:

The Beta on a monthly basis for LXP is 0.87, which has changed by -0.043991387 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. 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 2.43%, while the 200-Day Moving Average is calculated to be 0.02%.

Shares Statistics:

It appears that LXP traded 2.23M shares on average per day over the past three months and 2119550 shares per day over the past ten days. A total of 293.45M shares are outstanding, with a floating share count of 286.83M. Insiders hold about 2.54% of the company’s shares, while institutions hold 93.63% stake in the company. Shares short for LXP as of 1715731200 were 3918307 with a Short Ratio of 1.51, compared to 1713139200 on 4470286. Therefore, it implies a Short% of Shares Outstanding of 3918307 and a Short% of Float of 2.1300000999999997.

Dividends & Splits

With its trailing 12-month dividend rate of 0.51, LXP has a forward annual dividend rate of 0.44. Against a Trailing Annual Dividend Yield of 0.057367824The stock’s 5-year Average Dividend Yield is 4.37.

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