LXP Industrial Trust [NYSE: LXP] loss -4.11% or 2899991.25 points to close at $2900000.0 with a heavy trading volume of 6711355 shares.
It opened the trading session at $8.68, the shares rose to $8.68 and dropped to $8.38, the range by which the price of stock traded the whole day. The daily chart for LXP points out that the company has recorded 2.07% gains over the past six months.
If we look at the average trading volume of 2.90M shares, LXP reached to a volume of 6711355 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about LXP Industrial Trust [LXP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LXP shares is $10.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LXP stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Exane BNP Paribas have made an estimate for LXP Industrial Trust shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 04, 2024. The new note on the price target was released on May 15, 2023, representing the official price target for LXP Industrial Trust stock.
The Price to Book ratio for the last quarter was 1.20, with the Price to Cash per share for the same quarter was set at 0.24. Price to Free Cash Flow for LXP in the course of the last twelve months was 12.44 with Quick ratio for the last quarter at 2.90.
Trading performance analysis for LXP stock
LXP Industrial Trust [LXP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.87. With this latest performance, LXP shares gained by 1.94% in over the last four-week period, additionally plugging by 2.07% over the last 6 months – not to mention a rise of 3.33% in the past year of trading.
LXP Industrial Trust [LXP]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and LXP Industrial Trust [LXP] shares currently have an operating margin of 17.13% and a Gross Margin at 28.46%. LXP Industrial Trust’s Net Margin is presently recorded at 15.82%.
Return on Equity for this stock inclined to 1.60%, with Return on Assets sitting at 1.60%.
LXP Industrial Trust [LXP]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LXP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for LXP Industrial Trust go to -5.51%.
An analysis of Institutional ownership at LXP Industrial Trust [LXP]
There are presently around $96.41%, or 98.95% of LXP stock, in the hands of institutional investors. The top three institutional holders of LXP stocks are: BLACKROCK INC. with ownership of 53.82 million shares, which is approximately 18.4695%. VANGUARD GROUP INC, holding 45.57 million shares of the stock with an approximate value of $$415.61 million in LXP stocks shares; and VANGUARD GROUP INC, currently with $$158.73 million in LXP stock with ownership which is approximately 5.8903%.
