News stories about LSI Industries (NASDAQ:LYTS) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing 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 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 coverage 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 future.
LSI Industries (LYTS) opened at $8.28 on Thursday. LSI Industries has a fifty-two week low of $4.99 and a fifty-two week high of $10.55. The firm has a market cap of $216.36, a PE ratio of -12.55, a PEG ratio of 1.35 and a beta of 1.79. The company has a current ratio of 2.71, a quick ratio of 1.57 and a debt-to-equity ratio of 0.37.
LSI Industries (NASDAQ:LYTS) last posted its earnings results on Thursday, January 25th. The construction company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $92.30 million during the quarter, compared to the consensus estimate of $88.85 million. LSI Industries had a negative net margin of 4.96% and a positive return on equity of 3.88%. LSI Industries’s revenue was up 7.7% on a year-over-year basis. sell-side analysts forecast that LSI Industries will post 0.25 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Monday, February 5th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date of this dividend was Friday, February 2nd. LSI Industries’s payout ratio is -30.30%.
A number of research analysts recently issued reports on the stock. Roth Capital reissued a “hold” rating and issued a $8.00 price objective on shares of LSI Industries in a research note on Friday, January 26th. Singular Research assumed coverage on shares of LSI Industries in a research note on Friday, February 2nd. They set a “buy” rating and a $9.80 target price on the stock. Zacks Investment Research raised shares of LSI Industries from a “sell” rating to a “buy” rating and set a $9.25 target price on the stock in a research note on Wednesday, January 31st. Finally, Canaccord Genuity boosted their price objective on shares of LSI Industries from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. LSI Industries presently has an average rating of “Buy” and an average target price of $9.26.
In related news, VP James E. Galeese bought 7,641 shares of LSI Industries stock in a transaction dated Wednesday, December 6th. The stock was purchased at an average cost of $6.54 per share, with a total value of $49,972.14. Following the transaction, the vice president now directly owns 2,379 shares of the company’s stock, valued at $15,558.66. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Howard E. Japlon purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were acquired at an average price of $6.88 per share, for a total transaction of $34,400.00. Following the completion of the purchase, the vice president now directly owns 23,500 shares in the company, valued at approximately $161,680. The disclosure for this purchase can be found here. Corporate 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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