The stock price of LXP Industrial Trust (NYSE: LXP) has surged by 1.90 when compared to previous closing price of 7.88, but the company has seen a -1.11% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-02 that LXP Industrial offers a 6.7% dividend yield, supported by strong portfolio fundamentals and strategic positioning in high-growth U.S. markets. LXP’s young, high-quality industrial properties in the Sunbelt and Lower Midwest are poised to benefit from demographic trends, reshoring of manufacturing, and rent growth. With a solid balance sheet, favorable valuation, and high dividend yield, LXP is set for potential market-beating total returns.
Is It Worth Investing in LXP Industrial Trust (NYSE: LXP) Right Now?
The price-to-earnings ratio for LXP Industrial Trust (NYSE: LXP) is 119.85x, which is above its average ratio. Moreover, the 36-month beta value for LXP is 0.91. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for LXP is 286.84M and currently, short sellers hold a 1.57% of that float. On January 15, 2025, LXP’s average trading volume was 2.02M shares.
LXP’s Market Performance
LXP stock saw a decrease of -1.11% in the past week, with a monthly decline of -11.37% and a quarterly a decrease of -16.44%. The volatility ratio for the week is 2.85%, and the volatility levels for the last 30 days are 2.38% for LXP Industrial Trust (LXP). The simple moving average for the past 20 days is -2.62% for LXP’s stock, with a -13.48% simple moving average for the past 200 days.
Analysts’ Opinion of LXP
Many brokerage firms have already submitted their reports for LXP stocks, with Exane BNP Paribas repeating the rating for LXP by listing it as a “Outperform.” The predicted price for LXP in the upcoming period, according to Exane BNP Paribas is $11 based on the research report published on June 04, 2024 of the previous year 2024.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see LXP reach a price target of $12. The rating they have provided for LXP stocks is “Overweight” according to the report published on May 15th, 2023.
LXP Trading at -9.74% from the 50-Day Moving Average
After a stumble in the market that brought LXP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.99% of loss for the given period.
Volatility was left at 2.38%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares sank -11.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.30% lower at present.
During the last 5 trading sessions, LXP fell by -1.11%, which changed the moving average for the period of 200-days by -9.67% in comparison to the 20-day moving average, which settled at $8.25. In addition, LXP Industrial Trust saw -1.11% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LXP starting from Gupta Arun, who purchase 15,000 shares at the price of $8.95 back on Jun 12 ’24. After this action, Gupta Arun now owns 65,474 shares of LXP Industrial Trust, valued at $134,250 using the latest closing price.
Stock Fundamentals for LXP
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.27 for the gross margin
The net margin for LXP Industrial Trust stands at 0.08. The total capital return value is set at -0.01. Equity return is now at value 1.18, with 0.66 for asset returns.
Based on LXP Industrial Trust (LXP), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is -0.57.
Currently, EBITDA for the company is 245.81 million with net debt to EBITDA at 7.8. When we switch over and look at the enterprise to sales, we see a ratio of 11.07. The receivables turnover for the company is 3.95for trailing twelve months and the total asset turnover is 0.09.
Conclusion
To wrap up, the performance of LXP Industrial Trust (LXP) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
