News articles about LSI Industries (NASDAQ:LYTS) have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LSI Industries earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 47.222751180646 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
LSI Industries (LYTS) remained flat at $$8.54 on Wednesday. 117,100 shares of the company traded hands, compared to its average volume of 124,021. LSI Industries has a one year low of $4.99 and a one year high of $10.68. The company has a current ratio of 2.71, a quick ratio of 1.57 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $218.71, a price-to-earnings ratio of -12.85, a P/E/G ratio of 1.37 and a beta of 1.79.
LSI Industries (NASDAQ:LYTS) last posted its quarterly earnings results on Thursday, January 25th. The construction company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. LSI Industries had a negative net margin of 4.96% and a positive return on equity of 3.88%. The company had revenue of $92.30 million for the quarter, compared to the consensus estimate of $88.85 million. LSI Industries’s revenue was up 7.7% on a year-over-year basis. analysts expect that LSI Industries will post 0.25 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Monday, February 5th were paid a $0.05 dividend. The ex-dividend date was Friday, February 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.34%. LSI Industries’s payout ratio is currently -30.30%.
LYTS has been the topic of a number of analyst reports. Zacks Investment Research downgraded shares of LSI Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Canaccord Genuity reiterated a “buy” rating and set a $9.00 price objective on shares of LSI Industries in a research note on Thursday, October 26th. Roth Capital set a $7.00 price objective on shares of LSI Industries and gave the stock a “hold” rating in a research note on Thursday, December 14th. Finally, Singular Research initiated coverage on shares of LSI Industries in a research note on Friday, February 2nd. They set a “buy” rating and a $9.80 price objective on the stock. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $9.26.
In other LSI Industries news, VP Howard E. Japlon acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average price of $6.88 per share, for a total transaction of $34,400.00. Following the acquisition, the vice president now directly owns 23,500 shares in the company, valued at $161,680. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP James E. Galeese acquired 7,641 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The stock was acquired at an average price of $6.54 per share, with a total value of $49,972.14. Following the acquisition, the vice president now owns 2,379 shares in the company, valued at $15,558.66. The disclosure for this purchase can be found here. Company insiders own 6.37% of the company’s stock.
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LSI Industries Company Profile
LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.
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