NYSE:LXFRMachinery
Luxfer Holdings (LXFR) Net Profit Margin More Than Doubles, Challenging Bearish Sentiment
Luxfer Holdings (LXFR) posted a net profit margin of 4.1%, up from last year’s 2.2%, and delivered an impressive 95.3% EPS growth over the past year. This overturns a five-year stretch of average annual earnings declines at 16.2%. The company’s outlook calls for earnings to grow 26.7% per year ahead, outstripping the US market, even as revenue growth is forecast at a slower 2.8% per year. With high-quality earnings and a share price of $12.90 trading just above its fair value estimate,...