It’s Not A Fantasy To Think That LXP Industrial Trust (LXP) Has Big Future Potential

LXP Industrial Trust (NYSE:LXP) currently has a daily average trading volume of 2.68M but it saw 5913395 shares traded in last market. With a market cap of 2.45B USD, the company’s current market price of $8.27 remained unchanged while comparing to the previous closing price of $8.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.56 and as low as $6.85.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Exane BNP Paribas which initiated the stock as “Outperform” in its note to investors issued on June 04, 2024, recommending a price target of $11 for it. KeyBanc Capital Markets upgraded its recommendation for the stock as a “Overweight” from “Sector Weight” on May 15, 2023 while assigning a price target of $12.

Over the week, LXP’s stock price is moving 0.85% up while it is 7.26% when we observe its performance for the past one month. Year-to-date it is 1.85% up and over the past year, the stock is showing a downside performance of -6.76%.

Currently, LXP Industrial Trust’s total number of outstanding shares is 295.73M with 2.56% of that held by the insiders while 96.67% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.58% and return on equity (ROE) at 2.98%. It has a price to earnings ratio (P/E ratio) of 42.26 while having a 125.89 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 1.18 while price to sale or P/S ratio amounts to 6.77. Its return on asset (ROA) is 1.60% on average.