Media coverage about LCI Industries (NASDAQ:LCII) has trended positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. LCI Industries earned a news impact score of 0.25 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.1130818422381 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several research analysts have weighed in on LCII shares. Robert W. Baird began coverage on LCI Industries in a report on Wednesday, May 3rd. They set an “outperform” rating and a $118.00 target price on the stock. Citigroup Inc. lowered their target price on LCI Industries from $125.00 to $107.00 and set a “buy” rating on the stock in a research report on Tuesday, April 11th. Finally, Zacks Investment Research raised LCI Industries from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Wednesday, July 5th.
Shares of LCI Industries (NASDAQ:LCII) traded up 0.23% during midday trading on Friday, hitting $107.35. The stock had a trading volume of 85,709 shares. The stock’s 50-day moving average price is $101.36 and its 200 day moving average price is $101.52. The company has a market cap of $2.67 billion and a price-to-earnings ratio of 19.64. LCI Industries has a 52 week low of $80.65 and a 52 week high of $117.15.
LCI Industries (NASDAQ:LCII) last announced its quarterly earnings data on Thursday, May 4th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.66 by $0.05. The firm had revenue of $498.34 million during the quarter, compared to analysts’ expectations of $488.96 million. LCI Industries had a net margin of 8.66% and a return on equity of 30.50%. LCI Industries’s revenue for the quarter was up 17.9% on a year-over-year basis. On average, equities analysts forecast that LCI Industries will post $5.82 earnings per share for the current year.
In related news, Director David A. Reed sold 2,000 shares of the firm’s stock in a transaction dated Thursday, June 22nd. The shares were sold at an average price of $101.29, for a total value of $202,580.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Nick C. Fletcher sold 1,617 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $105.44, for a total transaction of $170,496.48. The disclosure for this sale can be found here.
LCI Industries Company Profile
LCI Industries, formerly Drew Industries Incorporated, through its subsidiary, Lippert Components, Inc and its subsidiaries (LCI), supplies an array of components for the original equipment manufacturers (OEMs) of recreational vehicles (RVs) and adjacent industries. The Company’s segments include OEM Segment and Aftermarket Segment.
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